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. Transparency ensures the overall awareness of the Poseidon Principles and that accurate information can be published by the Secretariat in a timely manner.

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.

The three transparency requirements

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 15 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 

Timeline for implementation

Learn more about Transparency in the Technical Guidance