Overseas Shipholding Group, Inc. Sustainability Profile
Overseas Shipholding Group, Inc. (OSG), headquartered in the United States, is a prominent player in the maritime transportation industry, specialising in the transportation of crude oil and petroleum products. Founded in 1969, OSG has established a strong operational presence across key regions, including North America, the Caribbean, and the Asia-Pacific. The company is renowned for its diverse fleet of tankers, which includes both conventional and articulated tug-barge units, setting it apart in the competitive shipping market. OSG's commitment to safety, environmental stewardship, and operational excellence has earned it a solid reputation and a significant market position. With a focus on innovation and sustainability, Overseas Shipholding Group continues to navigate the complexities of global shipping, ensuring reliable service for its clients.
DitchCarbon Score
How does Overseas Shipholding Group, 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.
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
Overseas Shipholding Group, Inc.'s score of 12 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Overseas Shipholding Group, Inc.'s reported carbon emissions
Overseas Shipholding Group, Inc. (OSG), headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year. As a current subsidiary, OSG's climate commitments and emissions data may be influenced by its corporate family relationships, but specific figures are not disclosed. The company has not set documented reduction targets or participated in initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) that would provide a framework for emissions reduction. Additionally, there are no climate pledges or commitments reported that outline specific strategies for reducing carbon emissions. In the absence of specific emissions data or reduction initiatives, it is important to note that OSG operates within an industry that is increasingly focused on sustainability and reducing greenhouse gas emissions. The maritime sector is under pressure to improve its environmental performance, and companies like OSG may adopt measures in line with industry standards in the future.
How Carbon Intensive is Overseas Shipholding Group, Inc.'s Industry?
How Carbon Intensive is Overseas Shipholding Group, Inc.'s Location?
Overseas Shipholding Group, 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.
Overseas Shipholding Group, 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.
