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Maritime Transport
GR
updated 2 months ago

FreeSeas Inc. Sustainability Profile

Company website

FreeSeas Inc., headquartered in Greece, is a prominent player in the maritime transportation industry, specialising in the transportation of dry bulk cargoes. Founded in 2001, the company has established a strong operational presence in key regions, including the Mediterranean and beyond. With a fleet that includes modern, eco-friendly vessels, FreeSeas Inc. is committed to providing efficient and reliable shipping solutions. Their unique approach combines advanced technology with a focus on sustainability, setting them apart in a competitive market. Recognised for their operational excellence, FreeSeas Inc. has achieved significant milestones, including strategic partnerships and fleet expansions, solidifying their position as a trusted name in maritime logistics.

DitchCarbon Score

How does FreeSeas 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.

8

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.

11

Industry Benchmark

FreeSeas Inc.'s score of 8 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

35%

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FreeSeas Inc.'s reported carbon emissions

In 2014, FreeSeas Inc. reported carbon emissions of approximately 311,000 kg CO2e from plastics production, classified under a scope not specified. This figure reflects the company's operational impact within the plastics and articles sector. In 2012, emissions were higher, at about 390,000 kg CO2e, indicating a potential reduction in emissions over the two-year period. Currently, FreeSeas Inc. has not disclosed specific reduction targets or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed emissions data across Scope 1, 2, and 3 suggests that the company may still be in the early stages of formalising its climate strategy. As a company headquartered in Greece (GR), FreeSeas Inc. operates within an industry context that increasingly prioritises sustainability and carbon footprint reduction. However, without specific targets or initiatives outlined, the company's future climate commitments remain unclear.

How Carbon Intensive is FreeSeas Inc.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. FreeSeas Inc.'s primary industry is Maritime Transport, which is high in terms of carbon intensity compared to other industries.

How Carbon Intensive is FreeSeas Inc.'s Location?

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. This request for FreeSeas Inc. is in GR, which has a low grid carbon intensity relative to other regions.

FreeSeas Inc.'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.

FreeSeas Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare FreeSeas Inc.'s Emissions with Industry Peers

MSC Mediterranean Shipping Company S.A.

CH
•
Inland water transportation services
Updated 19 days ago

Hapag-Lloyd

DE
•
Transportation services via pipelines
Updated about 1 month ago

Diana Shipping

GR
•
Sea and coastal water transportation services
Updated 27 days ago

ZIM Shipping

IL
•
Transportation services via pipelines
Updated 14 days ago

Eagle Bulk

US
•
Sea and coastal water transportation services
Updated 14 days ago

Costamare Inc.

MC
•
Sea and coastal water transportation services
Updated 28 days ago

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