The Poseidon Principles provide a standardised methodology for data collection and reporting of emissions from banks' shipping portfolios, with the overall ambition of supporting and facilitating the decarbonisation of the shipping industry.
"We are happy to have signed the Poseidon Principles, the main reference for climate alignment of ship finance. This adds to the list of sectors in which the bank measures its environmental impact, furthering our commitment to helping our customers become more sustainable," says
"The shipping industry is a key enabler for world trade and offers transportation services with superior CO2 efficiency when compared to air- and road-based alternatives. The industry has made significant progress on its decarbonisation journey. However, this work will still be ongoing for many years. As a Poseidon Principles signatory,
During 2024,
For more information about the Poseidon Principles, please visit www.poseidonprinciples.org/finance/.
Contact:
Hannes Mård, Media Relations Manager, +46 73 057 41 95
https://news.cision.com/swedbank/r/swedbank-adopts-poseidon-principles-for-carbon-footprint-reporting-of-shipping-portfolio,c3936355
(c) 2024 Cision. All rights reserved., source