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Home > Shipping Master Series > Poseidon Principles Featuring Michael Parker Of Citi
Podcast: Shipping Master Series
Episode:

Poseidon Principles Featuring Michael Parker Of Citi
Category: Business
Duration: 05:48:00
Publish Date: 2019-12-16 10:00:00
Description: Featuring Mr. Michael Parker, Chairman, Global Shipping, Logistics & Offshore - Citi Interviewed by: Mr. Dan Rodgers, Partner - Watson Farley Williams Overview: • Banks, as major capital providers, to support the IMO’s objectives and adopt Poseidon Principles for responsible ship finance… • …by pursuing portfolio composition that has a higher environmental alignment grade. • Signatories, banks and shipping companies, to use reporting mechanisms and publicize emissions’ trajectory • Reporting mechanisms development underpinned by transparency induces higher credibility • Green Shipping Bonds: although fluid taxonomy, they are expected to drive real positive environmental results. • Shipping to move from being laggard to being at the forefront of global sustainability efforts
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