Eagle Bulk Sustainability Profile
Eagle Bulk Shipping Inc., commonly referred to as Eagle Bulk, is a prominent player in the global shipping industry, headquartered in the United States. Founded in 2005, the company has established itself as a leader in the transportation of dry bulk commodities, operating a modern fleet primarily in key markets across the Americas, Europe, and Asia. Eagle Bulk's core services include the transportation of essential materials such as coal, grain, and iron ore, distinguished by their commitment to operational efficiency and sustainability. With a focus on eco-friendly practices, the company has made significant strides in reducing its carbon footprint, positioning itself as a forward-thinking entity in the maritime sector. Recognised for its robust market presence, Eagle Bulk has achieved notable milestones, including a successful public listing and a consistent track record of financial performance, solidifying its reputation as a reliable partner in the shipping industry.
DitchCarbon Score
How does Eagle Bulk'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.
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.
Industry Benchmark
Eagle Bulk's score of 17 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eagle Bulk's reported carbon emissions
In 2022, Eagle Bulk Shipping Inc., headquartered in the US, reported total carbon emissions of approximately 877,666,000 kg CO2e for Scope 1 and about 44,000 kg CO2e for Scope 2. This reflects a slight decrease from 2021, where emissions were approximately 895,060,000 kg CO2e for Scope 1 and 35,000 kg CO2e for Scope 2. The company has not disclosed any Scope 3 emissions data. Eagle Bulk is committed to reducing its carbon intensity by at least 40% by 2030, relative to 2008 levels, in alignment with the International Maritime Organization's (IMO) initial greenhouse gas strategy. This target applies to both Scope 1 and Scope 2 emissions, indicating a strong commitment to improving operational efficiency and reducing environmental impact. The emissions data is cascaded from Eagle Bulk Shipping Inc., reflecting the company's integrated approach to sustainability and climate commitments. As the shipping industry faces increasing scrutiny regarding its carbon footprint, Eagle Bulk's initiatives position it as a proactive player in the transition towards a more sustainable future.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 709,724,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 38,000 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Eagle Bulk's Industry?
How Carbon Intensive is Eagle Bulk's Location?
Eagle Bulk'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.
Eagle Bulk 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.
