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Maritime Transport
GR
updated a month ago

Diana Shipping Sustainability Profile

Company website

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.

22

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.

11

Industry Benchmark

Diana Shipping's score of 22 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

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Diana Shipping's reported carbon emissions

In 2023, Diana Shipping, headquartered in Greece (GR), reported total carbon emissions of approximately 3,000,000 kg CO2e. This figure includes 869,947,000 kg CO2e from Scope 1 emissions, 139,200 kg CO2e from Scope 2, and a significant 2,386,000 kg CO2e from Scope 3 emissions. The previous year, 2022, saw total emissions of about 807,102,000 kg CO2e for Scope 1, 226,580 kg CO2e for Scope 2, and only 62,000 kg CO2e for Scope 3. Diana Shipping has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The company’s emissions data is independently reported and does not cascade from a parent organisation. The company has disclosed its emissions across all relevant scopes, demonstrating transparency in its environmental impact. The DSS Fleet's average Energy Efficiency Operational Indicator (EEOI) is reported at 0.00679 for 2023, indicating ongoing efforts to improve operational efficiency. Overall, while Diana Shipping has made strides in emissions reporting, the absence of formal reduction targets highlights an area for potential growth in their climate strategy.

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2020202120222023
Scope 1
1,024,891,000
000,000,000
000,000,000
000,000,000
Scope 2
-
-
000,000
000,000
Scope 3
-
-
00,000
0,000,000

How Carbon Intensive is Diana Shipping's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Diana Shipping's primary industry is Maritime Transport, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Diana Shipping's Location?

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 low grid carbon intensity relative to other regions.

Diana Shipping's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Diana Shipping has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Diana Shipping's Emissions with Industry Peers

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COSCO SHIPPING Holdings Co., Ltd.

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EuroDry Ltd.

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Sea and coastal water transportation services
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SBL Inc.

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Wholesale trade and commission trade services, except of motor vehicles and motorcycles (51)
Updated 5 days ago

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Where does DitchCarbon data come from?

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