Eagle Bulk
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 23 is higher than 60% 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 significant climate action, aiming to reduce its carbon intensity by at least 40% by 2030 relative to 2008 levels, as part of the International Maritime Organization's (IMO) initial GHG strategy. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the company has set a long-term goal to achieve net-zero emissions by 2050, using 2008 as the baseline year. These commitments are part of a broader strategy to enhance sustainability within the shipping industry, with specific reduction targets of at least 20% for GHG emissions by 2030 and 70% by 2040. The emissions data and climate commitments are cascaded from Eagle Bulk Shipping Inc., reflecting a merged entity structure.
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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 | - | - | - | - |
Industry emissions intensity
Location emissions 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.
Eagle Bulk 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.
