Subscribe to our Mailing Lists (It's free!)
Friday, June 27, 2025
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    abs training center

    ABS opens smart training center in Athens

    India

    Indian stakeholders warn ship retirement rule may cut 20,000 jobs

    Britannia: Follow safety protocols carefully

    Britannia: Follow safety protocols carefully

    Netherlands

    Fire breaks out aboard inland cargo vessel in the Netherlands

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

    public speaking

    8 Key rules of Public Speaking

    social media

    Mindfulness and social media: M.I.N.D. your media

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    hydrogen norway

    New green hydrogen facility in Norway aims to launch in 2028

    green shipping recycling

    BIMCO: 16,000 ships could be recycled over the next 10 years

    towngas

    Towngas signs green methanol agreements

    shanghai port

    Shanghai completes world’s fist STS transfer of liquid carbon

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    abs training center

    ABS opens smart training center in Athens

    iaph cyber security

    IAPH releases cyber security guidelines for new port technologies

    germany latvia

    Latvia and Germany collaborate on smart port initiative

    imo autonomous shipping

    IMO in talks over autonomous shipping ahead of MSC 110

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    oil theft nigeria

    Nigeria arrests 76 ships during two-year oil theft crackdown

    paris mou

    M/V Goldy Seven refused access to the Paris MoU

    detention

    Kerala High Court detains vessel in connection to previous incident

    ai remote inspections

    BV develops AI took to advance remote inspections

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    US Iran

    US contemplates easing sanctions against Iran to aid recovery

    USA

    Veson Nautical: US boasts 4th largest fleet valued at USD 116.5 bn

    ETF ocean pact

    ETF: Ensure ocean workers are not just consulted but involved

    container ship

    BIMCO Container Outlook: Stable demand despite uncertainties

  • Columns
    fuels

    VPS: Effect of FAME contamination on engine oils

    strait of Hormuz

    Could the Strait of Hormuz close amid an Iran–Israel war?

    LR: Good data is a crucial foundation for improving safety

    ABS Consulting: Make cyber risk part of the daily safety conversation

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    abs training center

    ABS opens smart training center in Athens

    India

    Indian stakeholders warn ship retirement rule may cut 20,000 jobs

    Britannia: Follow safety protocols carefully

    Britannia: Follow safety protocols carefully

    Netherlands

    Fire breaks out aboard inland cargo vessel in the Netherlands

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

    public speaking

    8 Key rules of Public Speaking

    social media

    Mindfulness and social media: M.I.N.D. your media

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    hydrogen norway

    New green hydrogen facility in Norway aims to launch in 2028

    green shipping recycling

    BIMCO: 16,000 ships could be recycled over the next 10 years

    towngas

    Towngas signs green methanol agreements

    shanghai port

    Shanghai completes world’s fist STS transfer of liquid carbon

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    abs training center

    ABS opens smart training center in Athens

    iaph cyber security

    IAPH releases cyber security guidelines for new port technologies

    germany latvia

    Latvia and Germany collaborate on smart port initiative

    imo autonomous shipping

    IMO in talks over autonomous shipping ahead of MSC 110

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    oil theft nigeria

    Nigeria arrests 76 ships during two-year oil theft crackdown

    paris mou

    M/V Goldy Seven refused access to the Paris MoU

    detention

    Kerala High Court detains vessel in connection to previous incident

    ai remote inspections

    BV develops AI took to advance remote inspections

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    US Iran

    US contemplates easing sanctions against Iran to aid recovery

    USA

    Veson Nautical: US boasts 4th largest fleet valued at USD 116.5 bn

    ETF ocean pact

    ETF: Ensure ocean workers are not just consulted but involved

    container ship

    BIMCO Container Outlook: Stable demand despite uncertainties

  • Columns
    fuels

    VPS: Effect of FAME contamination on engine oils

    strait of Hormuz

    Could the Strait of Hormuz close amid an Iran–Israel war?

    LR: Good data is a crucial foundation for improving safety

    ABS Consulting: Make cyber risk part of the daily safety conversation

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

Poseidon Principles add trajectories to report climate alignment with a 1.5C future

by The Editorial Team
September 22, 2022
in Emissions
supply chain decarbonisation

Credit: Shutterstock

FacebookTwitterEmailLinkedin

The Poseidon Principles have committed to adopting an emissions reduction trajectory in line with net-zero commitments, as soon as such a trajectory or trajectories become available.

The Poseidon Principles provide a framework for financial institutions and marine insurers to measure and publicly report the climate alignment of ship finance and marine insurance portfolios with global climate action goals.

The new commitment means that, once a new trajectory based on credible and well-recognized sources is established and adopted by the members of the individual initiatives, Signatories will benchmark their portfolios against two trajectories: one aligned with the IMO’s 50% reduction by 2050, and one aligned with net-zero by 2050 and a maximum temperature rise of 1.5C above pre-industrial levels by 2100, to meet the temperature goals of the Paris Agreement.

For the second trajectory to be consistent with a 1.5C future, the scope will be expanded to include all greenhouse gas species, and to account for well-to-wake emissions.

RelatedNews

New green hydrogen facility in Norway aims to launch in 2028

Towngas signs green methanol agreements

The members of the initiatives collectively committed to the following:

  • Establishing an emissions trajectory in line with net-zero commitments, and annually measuring and reporting the emissions profile of our activities.
  • Using widely accepted science-based decarbonization scenarios that are aligned with net-zero GHG emissions by 2050, consistent with a maximum temperature rise of 1.5°C above preindustrial levels by 2100, to meet the temperature goals of the Paris Agreement. The scenarios shall come from credible and well-recognized sources, and we will provide a rationale for the chosen scenario.
  • Publicly disclosing the climate alignment of our shipping portfolios to support meeting the temperature goals of the Paris Agreement.

The urgency is clear. Because of the role that shipping plays in the global economy, we must accelerate our ambition towards the Paris Agreement’s 1.5C temperature goal. This new ambition will allow the Poseidon Principles to continue playing our role in incentivizing and supporting the decarbonization of shipping

said Michael Parker, Chairman, Global Shipping, Logistics & Offshore, Citi and Chair of the Poseidon Principles for Financial Institutions.

Currently, the Poseidon Principles are aligned with IMO’s ambition to reduce GHG emissions from international shipping by at least 50% by 2050, and they also benchmark against an emissions reduction trajectory in line with a 100% reduction by 2050.

Access to real emissions data through the Poseidon Principles creates tangible impact in our business as well as in the real economy. Establishing common global decarbonization trajectories will help us make business decisions that reflect the latest available climate science. This is the right thing for us to do

added Patrizia Kern-Ferretti, Head Marine, Swiss Re Corporate Solutions and Chair of the Poseidon Principles for Marine Insurance.

EXPLORE MORE AT poseidon principle’S ambition statement

Poseidon Principles add trajectories to report climate alignment with a 1.5C futurePoseidon Principles add trajectories to report climate alignment with a 1.5C future
Poseidon Principles add trajectories to report climate alignment with a 1.5C futurePoseidon Principles add trajectories to report climate alignment with a 1.5C future
Tags: decarbonizationgreen practicesPoseidon Principlesreducing shipping emissionssustainability
Previous Post

DNV: Heavy investment crucial to make mass electrification possible

Next Post

Progress towards Shipping’s 2030 Breakthrough

Related News

shanghai port
Fuels

Shanghai completes world’s fist STS transfer of liquid carbon

June 26, 2025
ship recycling
Ship Recycling

UAE SRR comes into force alongside Hong Kong Convention

June 26, 2025
cosco dual-fuel
Green Shipping

COSCO takes deliver of breakthrough dual-fuel container ship

June 25, 2025
windsails
Green Shipping

Tanker gets fitted with windsails under Danish Cleanship Project

June 25, 2025
electrification
Green Shipping

Industry associations launch global electrification alliance

June 25, 2025
world's first ammonia
Fuels

Companies issue world’s first ammonia-to-ship digital fuel certificate

June 25, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2025 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA

Manage your privacy
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Manage options
{title} {title} {title}
No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA