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Maritime Transport
GR
updated 9 days ago

DryShips Inc. Sustainability Profile

Company website

DryShips Inc., a prominent player in the maritime industry, is headquartered in Greece (GR) and operates primarily in the global shipping sector. Founded in 2004, the company has established itself as a leader in the transportation of dry bulk commodities and offshore drilling services. With a diverse fleet that includes bulk carriers and tankers, DryShips Inc. offers unique solutions tailored to meet the evolving demands of the shipping market. The company has achieved significant milestones, including strategic expansions and partnerships that enhance its operational capabilities. Renowned for its commitment to safety and efficiency, DryShips Inc. stands out in a competitive landscape, consistently delivering high-quality services. As a result, it has secured a strong market position, making it a trusted name in maritime logistics and offshore services.

DitchCarbon Score

How does DryShips 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.

14

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

DryShips Inc.'s score of 14 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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DryShips Inc.'s reported carbon emissions

As of the latest available data, DryShips Inc. has not reported any specific carbon emissions figures, indicating a lack of publicly available emissions data. However, the company has set ambitious climate commitments aimed at reducing its carbon footprint. DryShips Inc. has established targets to reduce its Scope 1 and Scope 2 emissions by 30% from a 2020 baseline by the year 2030. Additionally, the company aims to bring its Scope 1 and Scope 2 emissions down to near zero by 2025. These commitments reflect a proactive approach to addressing climate change and align with industry standards for emissions reduction. The absence of reported emissions data suggests that DryShips Inc. may be in the early stages of its sustainability reporting or may be relying on internal assessments. Nonetheless, the outlined reduction targets demonstrate a commitment to improving environmental performance and contributing to global climate goals.

How Carbon Intensive is DryShips Inc.'s Industry?

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

How Carbon Intensive is DryShips Inc.'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 DryShips Inc. is in GR, which has a low grid carbon intensity relative to other regions.

DryShips Inc.'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.

DryShips Inc. 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 DryShips Inc.'s Emissions with Industry Peers

Solvang ASA

NO
•
Sea and coastal water transportation services
Updated 2 months ago

Navios Maritime Holdings Inc.

KY
•
Sea and coastal water transportation services
Updated 20 days ago

COSCO SHIPPING Holdings Co., Ltd.

CN
•
Inland water transportation services
Updated 26 days ago

Waterman Logistics, Inc.

US
•
Inland water transportation services
Updated 3 months ago

ZIM Shipping

IL
•
Transportation services via pipelines
Updated 13 days ago

Diana Shipping

GR
•
Sea and coastal water transportation services
Updated 26 days ago

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Where does DitchCarbon data come from?

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