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MC
updated 8 months ago

Dry bulk business of Costamare Inc.

Company website

Costamare Inc., a prominent player in the dry bulk shipping industry, is headquartered in Monaco (MC) and operates extensively across key global markets. Founded in 1974, the company has established a strong reputation for its commitment to quality and efficiency in maritime logistics. Specialising in the transportation of dry bulk commodities, Costamare Inc. offers a diverse fleet that includes modern, eco-friendly vessels designed to meet the evolving needs of the industry. Their unique approach combines advanced technology with a focus on sustainability, setting them apart from competitors. With a solid market position, Costamare Inc. has achieved significant milestones, including strategic partnerships and a robust operational framework that enhances their service offerings. Their dedication to excellence has solidified their status as a trusted name in the dry bulk sector, catering to a wide range of clients worldwide.

DitchCarbon Score

How does Dry bulk business of Costamare Inc.'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.

8

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Dry bulk business of Costamare Inc.'s score of 8 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Dry bulk business of Costamare Inc.'s reported carbon emissions

Inherited from Costamare Inc.

The Dry bulk business of Costamare Inc., headquartered in Monaco (MC), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. This lack of data suggests that the company may not have publicly disclosed its carbon footprint for the most recent year. As a current subsidiary of Costamare Inc., the Dry bulk business inherits its climate commitments and initiatives from its parent company. While there are no specific reduction targets or climate pledges outlined for the Dry bulk segment, it is important to note that Costamare Inc. has been involved in broader sustainability efforts, which may influence its subsidiaries. The emissions data and climate initiatives are cascaded from Costamare Inc., which is the source organization for any relevant performance metrics. However, specific details regarding reduction targets or achievements are not available at this time. The absence of reported emissions and targets highlights a potential area for improvement in transparency and accountability regarding climate commitments within the dry bulk shipping sector.

Industry emissions intensity

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Very high
Some industries are more carbon intensive than others. Dry bulk business of Costamare Inc.'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
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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 Dry bulk business of Costamare Inc. is in MC, which has a very low 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.

Dry bulk business of Costamare Inc. 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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