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Public Profile
Maritime Transport
GR
updated 18 days ago

Safe Bulkers Sustainability Profile

Company website

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.

DitchCarbon Score

How does Safe Bulkers'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.

17

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

Safe Bulkers's score of 17 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Safe Bulkers's reported carbon emissions

In 2024, Safe Bulkers, headquartered in Greece (GR), reported carbon emissions of approximately 861,985,000 kg CO2e, primarily from Scope 1 sources. This figure reflects a slight increase from 2023, where emissions were about 857,973,000 kg CO2e. Over the past few years, emissions have fluctuated, with 2022 recording approximately 858,685,000 kg CO2e and 2021 at about 825,087,000 kg CO2e. The highest emissions in this period were noted in 2020, with approximately 869,494,000 kg CO2e. Safe Bulkers has set ambitious climate commitments, aiming for a 70% reduction in emissions by 2040, starting from a baseline year of 2008. Additionally, the company is committed to achieving net-zero emissions by 2050. These targets encompass all scopes of emissions, demonstrating a long-term commitment to sustainability and climate action. The emissions data is not cascaded from any parent organization, indicating that Safe Bulkers independently reports its carbon footprint. The company continues to focus on reducing its environmental impact while navigating the challenges of the maritime industry.

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20202021202220232024
Scope 1
869,494,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
-
-
-
-
-
Scope 3
-
-
-
-
-

How Carbon Intensive is Safe Bulkers's Industry?

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

How Carbon Intensive is Safe Bulkers'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 Safe Bulkers is in GR, which has a low grid carbon intensity relative to other regions.

Safe Bulkers'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.

Safe Bulkers 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 Safe Bulkers's Emissions with Industry Peers

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Costamare Inc.

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Pangaea Logistics Solutions

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Updated about 19 hours ago

Hanjin Shipping Co., Ltd.

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Inland water transportation services
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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