Public Profile

Safe Bulkers

Safe Bulkers, Inc., a prominent player in the maritime shipping industry, is headquartered in Monaco and operates extensively across key global shipping routes. Founded in 2008, the company has established itself as a leading provider of dry bulk shipping services, focusing on the transportation of commodities such as coal, grain, and iron ore. With a modern fleet of high-quality vessels, Safe Bulkers is renowned for its commitment to operational efficiency and environmental sustainability. The company’s strategic investments in advanced technologies and eco-friendly practices set it apart in a competitive market. Notable achievements include a robust market position, underscored by a strong track record of reliable service and a dedication to safety and compliance. Safe Bulkers continues to navigate the complexities of the shipping industry, ensuring the seamless delivery of essential goods worldwide.

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.

7

Industry Average

Mean score of companies in the Maritime Transportation 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.

8

Industry Benchmark

Safe Bulkers's score of 7 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

Safe Bulkers's reported carbon emissions

In 2023, Safe Bulkers reported carbon emissions of approximately 857,800 tonnes CO2e, continuing a trend of emissions reduction from previous years. In 2022, their emissions were about 862,984 tonnes CO2e, while in 2021, they recorded around 825,000 tonnes CO2e. The data indicates a slight decrease in emissions from 2021 to 2023, showcasing their commitment to reducing their carbon footprint. The emissions reported are classified under Scope 1, which includes direct emissions from owned or controlled sources. Notably, Safe Bulkers has not set specific reduction targets or initiatives as part of recognised frameworks such as the Science Based Targets Initiative (SBTi) or the Carbon Disclosure Project (CDP). Overall, while Safe Bulkers has demonstrated a commitment to monitoring and reducing their emissions, further clarity on specific reduction strategies and targets would enhance their climate commitments in the maritime industry.

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Add to project
2020
2021
2022
2023
Scope 1
869,494,000
000,000,000
000,000,000
000,000,000
Scope 2
-
-
-
-
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Safe Bulkers's primary industry is Sea and coastal water transportation services, which is high in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Safe Bulkers is headquartered in GR, which has a rank of medium, indicating medium grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Safe Bulkers is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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