Aligning ship finance
with society’s goals
The Poseidon Principles are supported by a robust and industry-appropriate climate alignment assessment methodology and carefully considered accountability and enforcement requirements that support practical and robust data collection and analysis practices. The Poseidon Principles also establish transparency requirements for Signatories.
Principle 1: Assessment of climate alignment
Signatories will, on an annual basis, measure the carbon intensity and assess climate alignment – carbon intensity relative to established decarbonization pathways – of their shipping portfolio using the methodology established by the Poseidon Principles.
Principle 2: Accountability
Signatories will rely on classification societies or other IMO-recognized organizations, and mandatory standards established by the IMO for the provision of un-biased information used to assess and report on climate alignment.