Golden Ocean Group Ltd 2024 SR
The report highlights Golden Ocean's sustainability progress in 2024, achieving an 11.7% reduction in its Carbon Intensity Indicator (CII) compared to a 2019 baseline, surpassing its trajectory targets. The company modernized its fleet by taking delivery of four fuel-efficient Kamsarmax newbuildings and selling older vessels, maintaining an average fleet age of 7.3 years. Safety performance improved significantly, with the Lost Time Injury Frequency (LTIF) dropping to 0.07. Golden Ocean also maintained a record of zero oil spills and achieved a Seafarer Happiness Index of 8.1. Governance was strengthened through mandatory compliance training and the introduction of a Compliance Awareness Week.
Company: Golden Ocean Group Ltd
Sector: Industrials
Country: Bermuda
Year: 2024
Type: SR
Pages: 17
Golden Ocean Group Ltd
ESG Report
The report highlights Golden Ocean's sustainability progress in 2024, achieving an 11.7% reduction in its Carbon Intensity Indicator (CII) compared to a 2019 baseline, surpassing its trajectory targets. The company modernized its fleet by taking delivery of four fuel-efficient Kamsarmax newbuildings and selling older vessels, maintaining an average fleet age of 7.3 years. Safety performance improved significantly, with the Lost Time Injury Frequency (LTIF) dropping to 0.07. Golden Ocean also maintained a record of zero oil spills and achieved a Seafarer Happiness Index of 8.1. Governance was strengthened through mandatory compliance training and the introduction of a Compliance Awareness Week.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Workplace Fatalities
Net Zero Target
Employees