Public Profile

Diana Shipping

Diana Shipping Inc., a prominent player in the global shipping industry, is headquartered in Greece (GR) and operates primarily in key maritime regions worldwide. Founded in 1999, the company has established itself as a leader in the transportation of dry bulk commodities, including iron ore, coal, and grain. Diana Shipping's fleet comprises modern, eco-friendly vessels, which are designed to meet stringent environmental standards, setting them apart in a competitive market. The company is recognised for its commitment to operational excellence and sustainability, achieving notable milestones such as a significant fleet expansion and a strong presence in the New York Stock Exchange. With a focus on providing reliable and efficient shipping solutions, Diana Shipping continues to strengthen its market position, making it a trusted name in the maritime sector.

DitchCarbon Score

How does Diana Shipping's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

19

Industry Average

Mean score of companies in the Maritime Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

9

Industry Benchmark

Diana Shipping's score of 19 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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Diana Shipping's reported carbon emissions

In 2023, Diana Shipping reported total carbon emissions of approximately 869,947,000 kg CO2e from Scope 1, 139,200 kg CO2e from Scope 2, and 2,386,000 kg CO2e from Scope 3. This marked a slight increase in Scope 1 emissions compared to 2022, where they were about 807,102,000 kg CO2e, while Scope 2 and Scope 3 emissions were also reported for the first time in 2022. Over the years, Diana Shipping has demonstrated a commitment to reducing its carbon footprint. In 2021, the company achieved a significant reduction in Scope 1 emissions, reporting approximately 903,217,000 kg CO2e, down from about 1,024,891,000 kg CO2e in 2020. This trend of decreasing emissions continued, with 2022 showing further reductions in Scope 1 emissions. Diana Shipping has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company has been actively monitoring its emissions and has reported its Energy Efficiency Operational Indicator (EEOI), which reflects its efforts to improve fleet efficiency. Overall, Diana Shipping's emissions data indicates a focus on reducing carbon emissions, particularly in Scope 1, while also beginning to address Scope 2 and Scope 3 emissions in its reporting.

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20192020202120222023
Scope 1
1,204,755,000
0,000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
-
-
-
000,000
000,000
Scope 3
-
-
-
00,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Diana Shipping's primary industry is Sea and coastal water transportation services, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Diana Shipping is in GR, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Diana Shipping is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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