Poseidon Principles Managed Reporting Service

Enabling banks and insurers to streamline their compliance with the Poseidon Principles, including data collection, validation, and independent emissions calculations

The Poseidon Principles establish a framework for assessing and disclosing the climate alignment of ship finance, and hull and machinery portfolios. Signatories face the challenge of collecting a large volume of complex data from shipowners, and segmenting, validating, and analyzing the data to meet the Poseidon Principles reporting requirements.

With disparate data points to sort and different calculations to perform, the lack of consistency in the data received from shipowners complicates the once-a-year reporting process. We help both banks and insurers streamline their compliance by managing the data collection, cleansing, validation, and calculation processes on their behalf as part of an outsourced managed service.

Our managed reporting service is built upon our industry-leading maritime and trade data and expertise, combined with the data quality, integration and workflow automation capabilities of our Enterprise Data Management (EDM) platform, which is used by more than 200 organizations across multiple industries (including financial services, oil and gas, maritime and shipping).

Our Poseidon Principles Managed Reporting Service includes:

• Collecting, validating and calculating the required data and metrics on behalf of the signatory in accordance with Poseidon Principles technical requirements.
• Automating the shipowner outreach process, as well as the identification of any inconsistencies in the reported data.
• Completing any data gaps using our proprietary maritime data sets and methodology.
• The Poseidon Principles signatory then views their emissions metrics and portfolio alignment via our reporting dashboard.
• The signatory approves the end-of-year report and submits it to the Poseidon Principles Secretariat.