Societe Generale’s top shipping banker said the French bank expects to show an improvement in its maritime portfolio’s greenhouse gas emissions when the Poseidon Principles releases its next annual report.
Paul Taylor, the global head of maritime industries at the bank, explained that reducing emissions highlights the advantages of the bank’s new “selection origination policy”.
This policy focuses on working with clients who are fully dedicated to transitioning to cleaner energy, both in their strategies and assets.
