Safe Bulkers, Inc., a prominent player in the sea and coastal water transportation services industry, is headquartered in Greece (GR). Founded in 2008, the company has established itself as a leader in the transportation of bulk commodities, operating a modern fleet of dry bulk vessels across key global trade routes.
With a focus on providing reliable and efficient shipping solutions, Safe Bulkers offers a range of services that cater to the needs of its diverse clientele. The company is recognised for its commitment to safety and environmental sustainability, setting it apart in a competitive market.
Notable achievements include a robust fleet expansion and a strong market position, making Safe Bulkers a trusted name in maritime logistics. As the company continues to grow, it remains dedicated to delivering high-quality transportation services while navigating the complexities of the global shipping landscape.
+4 vs industry average
Safe Bulkers’s score of 12 is lower than 48% 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 reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Safe Bulkers's reported carbon emissions
Safe Bulkers, a company providing sea and coastal water transportation services headquartered in Greece, has reported significant Scope 1 emissions for its operations. In 2024, its Scope 1 emissions were approximately 861,985,000 kg CO2e. This figure was slightly lower than the 857,973,000 kg CO2e reported for 2023 and similar to the 858,685,000 kg CO2e recorded in 2022. In 2021, Scope 1 emissions stood at approximately 825,087,000 kg CO2e, and in 2020, they were around 869,494,000 kg CO2e.
The company's climate commitments include ambitious long-term targets. Safe Bulkers aims for a substantial 70% reduction in emissions by 2040, with a baseline year of 2008. Furthermore, the company has set a goal to achieve net-zero emissions by 2050, with a target year of 2023.
Currently, Safe Bulkers' disclosed emissions data primarily covers Scope 1. Data for Scope 2 and Scope 3 emissions, including categories such as purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution, is not yet publicly available or has not been reported. The company's reporting year for emissions data is 2024, as indicated in the provided sustainability report.
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Safe Bulkers’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
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.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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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