The Poseidon Principles for Marine Insurance (PPMI): “What, how, why”

The Poseidon Principles for Marine Insurance (PPMI) are a global framework for assessing climate alignments of insurers’ hull and machinery portfolios. The PPMI use the ambitions of the International Maritime Organization’s (IMO) greenhouse gas emissions strategy and the Paris Agreement as benchmarks. The first annual disclosure report of the PPMI signatory companies has just been published.    In this episode of the IUMI podcast we spoke with Pauline des Vallières, Sustainable Insurance Manager at SCOR where she has been part of the Marine division during the last five years. Pauline explains what the PPMI are, how they work, and why marine insurance companies have signed up to publicly disclose the carbon footprint of their H&M portfolios.