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'Poseidon Principles': Banks pledge to align shipping portfolios with climate goals

'Poseidon Principles': Banks pledge to align shipping portfolios with climate goals
  • Toby Hill
  • 18 June 2019
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Eleven banks with a combined shipping finance portfolio of $100bn have pledged to disclose how successfully the assets are aligned with the IMO's emissions reduction strategy

Eleven major banks with significant holdings in the global shipping industry have today signed up to an extensive set of guidelines designed to accelerate decarbonisation efforts across the industry...

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