Eagle Bulk
Eagle Bulk Shipping Inc., commonly referred to as Eagle Bulk, is a prominent player in the global maritime industry, headquartered in Stamford, Connecticut. Founded in 2005, the company has established itself as a leading owner and operator of Supramax and Ultramax dry bulk vessels, primarily serving key markets in Asia, Europe, and the Americas. Eagle Bulk's fleet is distinguished by its commitment to operational efficiency and environmental sustainability, offering a range of services that include the transportation of essential commodities such as coal, grain, and iron ore. With a focus on innovation and safety, the company has achieved significant milestones, including a robust market position that underscores its reputation for reliability and excellence in the shipping sector.
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 Transportation 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 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Eagle Bulk's reported carbon emissions
In 2023, Eagle Bulk reported total carbon emissions of approximately 6.1 million tonnes CO2e, comprising 1.8 million tonnes from Scope 1, 2.5 million tonnes from Scope 2, and 4.6 million tonnes from Scope 3 emissions. This marked a notable increase in emissions compared to previous years, particularly in Scope 2 and Scope 3 categories. In 2022, the company recorded total emissions of about 4.4 million tonnes CO2e, with Scope 1 emissions at 2.1 million tonnes and Scope 2 emissions at approximately 2.1 million tonnes. The significant rise in emissions from 2022 to 2023 highlights the challenges faced in reducing carbon footprints amidst operational demands. Eagle Bulk has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to monitor its emissions and operational efficiency, as reflected in its Efficiency Operational Indicator (EEOI) metrics, which aim to improve sustainability practices within the shipping industry. Overall, while Eagle Bulk's emissions data shows fluctuations, the lack of formal reduction commitments suggests an opportunity for the company to enhance its climate strategy and align with industry standards for carbon reduction.
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Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 709,210,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 38,000 | 00,000 | 00,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 |
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 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.
