Genco Shipping & Trading Ltd 2022 SR
The report highlights Genco Shipping & Trading Limited's 2022 ESG performance, focusing on its strategy to modernize its fleet and reduce carbon emissions. The company achieved a 15% reduction in Scope 1 emissions compared to 2020 and invested $435 million in fuel-efficient vessels since 2018. Key initiatives included installing energy-saving devices and transitioning the fleet to a technical management joint venture, GS Shipmanagement. Genco also maintained its top ranking in the Webber Research ESG Scorecard for the third consecutive year.
Company: Genco Shipping & Trading Ltd
Sector: Industrials
Country: United States
Year: 2022
Type: SR
Pages: 42
Back to company
Genco Shipping & Trading Ltd
Sustainability Report
The report highlights Genco Shipping & Trading Limited's 2022 ESG performance, focusing on its strategy to modernize its fleet and reduce carbon emissions. The company achieved a 15% reduction in Scope 1 emissions compared to 2020 and invested $435 million in fuel-efficient vessels since 2018. Key initiatives included installing energy-saving devices and transitioning the fleet to a technical management joint venture, GS Shipmanagement. Genco also maintained its top ranking in the Webber Research ESG Scorecard for the third consecutive year.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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:
Scope 2:
Energy Consumption
Women on Board
Employees