Banks are compiling scorecards on shipowners to assess their environmental credentials before investing in newbuilds and retrofitting older vessels, a conference heard on Thursday.
Societe General said it rated every shipping client on measures including their commitment to net zero and the quality of its reporting on sustainability issues.
“This is risk management but also supporting the clients taking energy transition seriously,” said Paul Taylor, global head of maritime industries at the bank told the Marine Money Ship Finance Forum in London.
