Banks show the carbon footprint of the ships they finance

In a first-of-a-kind climate finance report, 15 signatories of the Poseidon Principles have disclosed the climate alignment score of their ship finance portfolios. The Poseidon Principles Annual Disclosure Report 2020 shows that just ING, Export Credit Norway, and BPIFrance Assurance Export’s ship finance portfolios are aligned with UN decarbonisation targets while 12 banks’ portfolios are …

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