Page 45 - Poseidon Principles News Today : Breaking News, Live Updates & Top Stories | Vimarsana

EnTrust Global commits to green ship finance December 21, 2020, by Naida Hakirevic US alternative asset management firm EnTrust Global said it has completed fundraising for its EnTrust Global Blue Ocean Funds for investment in the global maritime industry. The Funds closed at $2.1 billion after raising $925 million since April 2020. The Blue Ocean Funds are part of EnTrust Global’s private debt and real asset division. The Funds engage in direct lending and similar financing opportunities to vessel owners and operators and other maritime busine...

Home / Shipping News / International Shipping News / ING reports its climate alignment score for its shipping portfolio for the first time under the Poseidon Principles ING reports its climate alignment score for its shipping portfolio for the first time under the Poseidon Principles Banks have an important role to play in promoting sustainable development. Within the shipping sector, the approach to sustainability was fragmented among different financial institutions. Driven by leading shipping financiers, in June 2019, the Poseidon Principles became the first sector-specific climate alignme...

Ship finance lenders fall short of sector’s carbon targets in 2019 Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the sector by financiers, a report showed. Global shipping accounts for nearly 3% of the world’s CO2 emissions and the industry is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea. Last year, a group of leading banks signed up to environmental commitments known as the Poseidon Principles, whereby financiers take account ...

Daily on Energy, presented by API: Eight oil majors commit to more detailed emissions reporting Print this article Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what's going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue! GROUP OF OIL MAJORS PLEDGES TRANSPARENCY: Eight major oil companies are pledging more detailed reporting on their emissions reductions, following pressure from investors seeking to hold them accountable for the long-term climate targets they are setting. As part of broad...

By Jonathan Saul LONDON, Dec 16 (Reuters) – Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the sector by financiers, a report showed on Wednesday. Global shipping accounts for nearly 3% of the world’s CO2 emissions and the industry is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea. Last year, a group of leading banks signed up to environmental commitments known as the Poseidon Principles, whereby financiers take account of eff...