A global framework
for responsible ship finance

The Poseidon Principles provide a framework
for integrating climate considerations into lending decisions
to promote international shipping’s decarbonisation

The Poseidon Principles are a framework for financial institutions to assess and disclose the climate alignment of shipping portfolios. They are based on four principles that establish a common methodology for transparently tracking progress towards maritime decarbonisation.

The framework was developed to recognise the role financial institutions play in promoting responsible environmental stewardship throughout the maritime value chain. They aim to support the environmental and social goals of the international shipping industry by bridging ambitions with the expanding expectations and reporting requirements of financial institutions.

Many types of financial institutions with business activities related to international shipping are eligible to join and use the framework, including secured lenders, ECAs, private equity firms, hedge funds, marine insurers, brokers, and more.

As banks, we recognise that our role in the shipping industry enables us to promote responsible environmental stewardship throughout the global maritime value chain. The Poseidon Principles will not only serve our institutions to improve decision-making at a strategic level but will also shape a better future for the shipping industry and our society

Michael Parker,
Vice Chairman, Global Corporate Banks at Citi and previous Chair of the Poseidon Principles

Principle 1

Assessment

Commitment:

Signatories will measure the emission intensity of their shipping portfolios on an annual basis and assess their climate alignment relative to established decarbonisation trajectories. This assessment is based on a robust industry-appropriate methodology outlined in the Technical Guidance.

Learn more

Principle 2

Accountability

Commitment:

Signatories will rely on the International Maritime Organization (IMO) standards and recognised organisations (RO) for the provision of identical, unbiased information for all steps of assessing climate alignment as identified in the Technical Guidance. This includes honouring mandatory IMO regulations for collecting and reporting fuel oil consumption information in the IMO Data Collection System (DCS).

Learn more

Principle 3

Enforcement

Commitment:

Signatories will include a covenant clause, or a binding agreement, in all new shipping business activities which ensures access to high quality data and compliance with the Poseidon Principles. Signatories commit to working with clients to gather the necessary information to assess climate alignment.

Learn more

Principle 4

Transparency

Commitment:

Signatories will publicly acknowledge their participation in the Poseidon Principles and publish their climate alignment scores in the Poseidon Principles Annual Disclosure Report and their own corporate reports each year.

Learn more

Annual Disclosure Report 2025

Representing almost three-quarters of the global ship finance portfolio, the Poseidon Principles are proud to present their sixth annual report, which shows 35 signatories climate alignment scores against the 2023 IMO GHG Strategy aiming for net-zero emissions from international shipping by or around 2050.

Get in touch

 

www.poseidonprinciples.org
Email: info@poseidonprinciples.org
Phone: +45 3840 1800

Follow us

Where to find us

Amaliegade 33 B, 3rd floor
1256 Copenhagen K
Denmark
VAT number: 40632379

Finance | Insurance

A global framework
for responsible
ship finance

The Poseidon Principles are a framework for financial institutions to assess and disclose the climate alignment of shipping portfolios. They are based on four principles that establish a common methodology for transparently tracking progress towards maritime decarbonisation.

The framework was developed to recognise the role financial institutions play in promoting responsible environmental stewardship throughout the maritime value chain. They aim to support the environmental and social goals of the international shipping industry by bridging ambitions with the expanding expectations and reporting requirements of financial institutions.

Many types of financial institutions with business activities related to international shipping are eligible to join and use the framework, including secured lenders, ECAs, private equity firms, hedge funds, marine insurers, brokers, and more.

⟶ Learn more about membership types
⟶ Download the Technical Guidance

Principle 1

Assessment

Signatories will measure the emission intensity of their shipping portfolios on an annual basis and assess their climate alignment relative to established decarbonisation trajectories. This assessment is based on a robust industry-appropriate methodology outlined in the Technical Guidance.

⟶ Learn more

Principle 2

Accountability

Signatories will rely on the International Maritime Organization (IMO) standards and Recognized Organizations (RO) for the provision of identical, unbiased information for all steps of assessing climate alignment as identified in the Technical Guidance. This includes honouring mandatory IMO regulations for collecting and reporting fuel oil consumption information in the IMO Data Collection System (DCS).

⟶ Learn more

Principle 3

Enforcement

Signatories will include a covenant clause, or a binding agreement, in all new shipping business activities which ensures access to high quality data and compliance with the Poseidon Principles. Signatories commit to working with clients to gather the necessary information to assess climate alignment.

⟶ Learn more

Principle 4

Transparency

 

Signatories will publicly acknowledge their participation in the Poseidon Principles and publish their climate alignment scores in the Poseidon Principles Annual Disclosure Report and their own corporate reports each year.

⟶ Learn more

Annual Disclosure Report 2025

Representing almost three-quarters of the global ship finance portfolio, the Poseidon Principles are proud to present their sixth annual report, which shows 35 signatories climate alignment scores against the 2023 IMO GHG Strategy aiming for net-zero emissions from international shipping by or around 2050.​

⟶ Read the report

Get in touch

 

www.poseidonprinciples.org
Email: info@poseidonprinciples.org
Phone: +45 3840 1800

Where to find us

c/o Global Maritime Forum
Amaliegade 33 B, 3rd floor
1256 Copenhagen K
Denmark
VAT number: 40632379

Follow us