Euroseas Ltd., headquartered in Greece, is a prominent player in the shipping industry, specialising in containerised cargo transportation. Founded in 2005, the company has established a strong operational presence across key global trade routes, particularly in Europe, Asia, and the Americas. Euroseas offers a diverse fleet of modern vessels, including containerships and dry bulk carriers, distinguished by their fuel efficiency and advanced technology. This commitment to innovation has positioned Euroseas as a leader in sustainable shipping practices. With a focus on customer satisfaction and operational excellence, Euroseas has achieved significant milestones, including strategic fleet expansions and partnerships that enhance its market position. The company continues to thrive in a competitive landscape, driven by its dedication to delivering reliable and efficient maritime solutions.
How does Euroseas Ltd.'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.
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.
Euroseas Ltd.'s score of 5 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Euroseas Ltd. reported an EEOI (Energy Efficiency Operational Indicator) ratio of approximately 0.01965 grams CO2e per tonne-mile, indicating their operational carbon efficiency. This was an improvement from the 2020 figure of about 0.02543 grams CO2e per tonne-mile. However, specific total emissions data for Scope 1, 2, and 3 are not disclosed, leaving a gap in understanding their overall carbon footprint. Currently, Euroseas Ltd. has not established any formal reduction targets or climate pledges, which may limit their accountability in addressing climate change. As a company headquartered in Greece (GR), they are part of the maritime industry, which is increasingly under pressure to enhance sustainability practices and reduce greenhouse gas emissions. While the company has made strides in improving operational efficiency, further transparency and commitment to measurable reduction targets would strengthen their climate strategy and align with industry standards.
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.
Euroseas Ltd. 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.