Swedish financial services group SEB has joined the Responsible Ship Recycling Standards (RSRS), a joint bank initiative for ensuring environmentally and socially responsible dismantling and recycling of ships.

“We want to increase awareness of the environmental and social risks associated with recycling of ships. By joining RSRS we want to demonstrate that we are dedicated to promoting responsible handling of ships throughout their lifetime,” Hans Christian Kjelsrud , Global Head of Shipping Coverage at SEB, commented.