Swedish bank SEB has included shipping into its pledge to meet the emissions reduction targets of the Net-Zero Banking Alliance.
The bank aims to cut financed emissions by 41% by 2030, measured as well-to-wake emissions divided by tonnage capacity per nautical mile.
“The shipping sector faces a major challenge in transitioning to a low-carbon future,” Hans Christian Kjelsrud, global head of shipping coverage, told TradeWinds.
