4th Poseidon Principles report shows improvement in banks’ alignment with decarbonization targets

The Poseidon Principles, a regulatory framework for responsible financing of shipping, has released its fourth […]

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https://www.offshore-energy.biz/4th-poseidon-principles-report-shows-improvement-in-lenders-alignment-with-decarbonization-targets/

Increased Transparency in Ship Financing by the Banking Sector

Credit: CHUTTERSNAP/Unsplash

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...

https://mfame.guru/increased-transparency-in-ship-financing-by-the-banking-sector/

Shipping banks, marine insurers opt for 1.5-aligned emissions benchmarking

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.

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https://www.offshore-energy.biz/shipping-banks-marine-insurers-opt-for-1-5-aligned-emissions-benchmarking/

193 Kate D Adamson, Blue Futurist, Futurenautics

The new morale age

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.

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