PRINCIPLE 4

Transparency

The intent of the transparency principle is to ensure both the awareness of the Poseidon Principles, and that accurate information can be published by the Poseidon Principles Secretariat to www.poseidonprinciples.org in a timely manner.

Principle
We will publicly acknowledge that we are a Signatory of the Poseidon Principles and we will publish the results of the portfolio climate alignment score of our Business Activities on an annual basis in line with the Technical Guidance.

OUR COMMITMENT

1. Upon becoming a Signatory, the financial institution will publicly acknowledge that it is a Signatory of the Poseidon Principles.

2. On an annual basis, each Signatory will report the overall climate alignment of its shipping portfolio and supporting information, as per the Accountability requirements, to the Secretariat no later than 30 November. This requirement takes effect for each Signatory in the calendar year after the year in which it became a Signatory.

3. On an annual basis, each Signatory will publish the overall climate alignment of its shipping portfolio in relevant institutional reports on a timeline that is appropriate for that Signatory. This requirement takes effect for each Signatory in the calendar year after the calendar year in which it became a Signatory.

INFORMATION FLOW FOR TRANSPARENCY REQUIREMENTS

TIMELINE FOR IMPLEMENTATION

POSEIDON PRINCIPLES

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