Banks push the box lines to reduce emissions

Box lines are set to come under more environmental pressure, following a decision by major banks to factor emissions into lending decisions. 
Eleven major banks, with total loan portfolios to global shipping worth some $100bn, will add climate considerations into lending decisions to incentivise industry decarbonisation. 
The banks will use the Poseidon Principles as a framework for assessing the sector. They are consistent with the IMO’s Greenhouse Gases Strategy, which states that emissions must peak as soon …

The post Banks push the box lines to reduce emissions appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "Banks push the box lines to reduce emissions"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*