Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Emissions and Energy Efficiency
• Health, Safety, and Security
• Labor and Human Rights
• Anti-corruption
• Accountability and Transparency

Environmental Achievements

• 60% reduced carbon emissions per ton-mile compared to a standard Capesize vessel.
• EEDI score of 1.815 (19% lower than IMO requirement for phase 2 vessels), reduced to 1.47 with LNG primary fuel.
• Exhaust gas cleaning systems remove 80% of particulate matter.

Social Achievements

• Outsourcing technical vessel management with a structured due diligence and audit process.
• Zero-tolerance policy for deficiencies from standards set by certified Ship Management Systems.
• All employees treated equally with respect according to international and local labor and human rights standards.

Climate Goals & Targets

Environmental Challenges

• Navigating the challenging waters of global shipping.
• Risks related to safety, human rights, emissions, corruption, and social responsibilities.

Mitigation Strategies

• Integrated approach to overcoming risks as part of the business model.
• Selection of suppliers and subcontractors with high standards on environment, social responsibility, and governance.

Supply Chain Management

Responsible Procurement

• Suppliers and subcontractors selected with high standards on environment, social responsibility, and governance.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Responsibility
• Governance

Environmental Achievements

• Fleet is estimated to be 60% more carbon emission efficient per ton mile compared to a standard Capesize vessel.
• Exhaust gas cleaning systems remove 80% of all particulate matters.

Social Achievements

• Outsourcing technical vessel management to third-party contractors with a structured due diligence and audit process.
• Zero-tolerance policy for deficiencies from standards set by certified Ship Management Systems and ship managers Document of Compliance.

Governance Achievements

• Zero-tolerance policy on corruption, following industry standards and MACN rules.
• Flat organization with an open and transparent communications structure.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: SASB, GRI

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 13

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed