Watson Farley & Williams (“WFW”) is delighted to announce that the firm’s Managing Partner Lindsey Keeble has been appointed Chair of the Poseidon Principles’ new Advisory Council.
Founded to support the International Maritime Organization’s (IMO) goal aiming for net-zero emissions from international shipping by or around 2050, the principles enable financial institutions to assess and disclose whether their lending portfolios align with the IMO trajectory, as well as promoting responsible environmental and social stewardship throughout the maritime value chain. WFW has been closely involved with the principles from the very beginning, having provided legal oversight and drafting input towards their initial development back in 2019.
The Advisory Council comprises senior shipowners and other industry stakeholders, alongside the Poseidon Principles Association’s Chair and Vice Chair. Meeting 2-3 times a year, it will act as a sounding board for the principles’ bank signatories and help guide the association’s future directly, with members serving two-year terms.
Lindsey commented: “I am deeply honoured to be appointed Chair of the Poseidon Principles’ Advisory Council. Like all industries, the shipping industry continues to navigate a period of change as it works towards a more sustainable future, and the principles continue to play an important role in supporting transparency, accountability and collaboration across the sector. I look forward to working closely with fellow council members and industry stakeholders to help ensure the principles remain practical, relevant and effective in advancing the collective sustainability ambitions of the shipping sector”.
Learn more about the Poseidon Principles and the Advisory Council here.
