Genco Shipping & Trading Ltd 2020 SR
The report outlines Genco Shipping & Trading Limited's ESG performance for the 2020 fiscal year, marking its first comprehensive sustainability disclosure. Key highlights include the implementation of industry-leading COVID-19 safety protocols for crew rotations and the signing of the Neptune Declaration on Seafarer Wellbeing. The company reported a Scope 1 GHG emission total of 1,055,318 metric tons CO2e and achieved improvements in energy efficiency indices like AER and EEOI. Genco also aligned its reporting with SASB Marine Transportation Standards and conducted a climate risk review following TCFD recommendations. Furthermore, the company committed to the IMO's 2030 and 2050 decarbonization targets and explored ammonia as an alternative marine fuel.
Company: Genco Shipping & Trading Ltd
Sector: Industrials
Country: United States
Year: 2020
Type: SR
Pages: 28
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Genco Shipping & Trading Ltd
Sustainability Report
The report outlines Genco Shipping & Trading Limited's ESG performance for the 2020 fiscal year, marking its first comprehensive sustainability disclosure. Key highlights include the implementation of industry-leading COVID-19 safety protocols for crew rotations and the signing of the Neptune Declaration on Seafarer Wellbeing. The company reported a Scope 1 GHG emission total of 1,055,318 metric tons CO2e and achieved improvements in energy efficiency indices like AER and EEOI. Genco also aligned its reporting with SASB Marine Transportation Standards and conducted a climate risk review following TCFD recommendations. Furthermore, the company committed to the IMO's 2030 and 2050 decarbonization targets and explored ammonia as an alternative marine fuel.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Women on Board
Net Zero Target
Employees