Public Profile

DryShips Inc.

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.

5

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

DryShips Inc.'s score of 5 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

DryShips Inc.'s reported carbon emissions

In 2019, DryShips Inc. reported total carbon emissions of approximately 874,512,400 kg CO2e, with emissions distributed across various scopes: 874,512,400 kg CO2e from Scope 1, 15,944,500 kg CO2e from Scope 2, and 15,930,100 kg CO2e from Scope 3. This data indicates a consistent level of emissions over the previous years, with 2018 emissions at about 872,888,000 kg CO2e for Scope 1, 16,518,800 kg CO2e for Scope 2, and 15,903,200 kg CO2e for Scope 3, and 2017 emissions at approximately 840,265,000 kg CO2e for Scope 1, 15,545,700 kg CO2e for Scope 2, and 15,299,900 kg CO2e for Scope 3. Despite the significant emissions figures, DryShips Inc. has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) commitments suggests that the company may still be in the early stages of formalising its climate strategy. As the maritime industry increasingly focuses on sustainability, DryShips Inc. will need to consider establishing clear climate commitments to align with global efforts to reduce greenhouse gas emissions.

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201720182019
Scope 1
840,265,000
000,000,000
000,000,000
Scope 2
15,545,700
00,000,000
00,000,000
Scope 3
15,299,900
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. DryShips Inc.'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. DryShips Inc. is headquartered in GR, which has a rank of medium, indicating medium grid carbon intensity.

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.

DryShips Inc. is not committed to any reduction initiatives 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

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Where does DitchCarbon data come from?

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