Safe Bulkers, Inc., headquartered in Greece (GR), is a prominent player in the global shipping industry, specialising in the transportation of dry bulk commodities. Founded in 2008, the company has established a strong operational presence across key maritime regions, including the Pacific and Atlantic Oceans.
With a fleet of modern, eco-friendly vessels, Safe Bulkers offers unique services that prioritise efficiency and sustainability. The company is recognised for its commitment to high operational standards and safety, positioning itself as a leader in the dry bulk shipping sector. Notable achievements include a robust fleet expansion and a focus on technological advancements that enhance performance and reduce environmental impact. Safe Bulkers continues to solidify its market position through strategic growth and a dedication to excellence in maritime logistics.
+4 vs industry average
Safe Bulkers’s score of 12 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has increased its overall emissions by 30% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Safe Bulkers's reported carbon emissions
In 2024, Safe Bulkers reported approximately 861.9 million kg CO2e in Scope 1 emissions. This figure reflects their direct greenhouse gas emissions from owned or controlled sources. The company has demonstrated a commitment to reducing its carbon footprint, setting an ambitious target of a 70% reduction in emissions by 2040, starting from a baseline year of 2008. Additionally, Safe Bulkers aims to achieve net-zero emissions by 2050. Over the past few years, their Scope 1 emissions have shown slight fluctuations, with 857.9 million kg CO2e in 2023 and 858.7 million kg CO2e in 2022. The company has not disclosed Scope 2 or Scope 3 emissions data, indicating potential areas for future reporting and improvement. Safe Bulkers's climate commitments align with industry standards, reflecting a proactive approach to sustainability and climate action. Their long-term reduction targets underscore a strategic focus on mitigating climate change impacts while enhancing operational efficiency.
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Safe Bulkers’s Climate Goals (2030 & 2050)
2 goals2040
70% reduction in all scopes
A 70% reduction by 2040
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Safe Bulkers
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