The Poseidon Principles has announced revising its framework to align shipping’s top banks with the International Maritime Organization’s new climate change emissions target. The change marks a significant update following the…
In the third Poseidon Principles Annual Disclosure Report 2022, which was released today, more than two dozen foreign banks have disclosed emissions data regarding their ship finance portfolios. The report illustrates the challenging path to emissions reduction. The COVID-19 model continues to affect the data, as reported by Poseidon Principles.
Global framework
Out of the 28 financial institutions reporting their emissions data this year, seven banks are aligned with...
COSCO Shipping Captive Insurance, a subsidiary of COSCO Shipping Group, has become the first Asian marine insurance company to support the Poseidon Principles.
30 shipping banks and 17 marine insurance providers and brokers announced today that the Poseidon Principles will add additional trajectories to report climate alignment with a 1.5C future.
Welcoming Kate D Adamson back to the Shipping Podcast, she dives deep into the current paradigm shift. She speaks about changing expectations among stakeholders and difficult choices that have to be made.
This is the first part of my conversation with Kate; the second part will be released on August 12, 2022.
Give us a shoutout on social media if you agree or disagree with our discussion. Thanks for listening.