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

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Golden Ocean Group Ltd

Golden Ocean Group Ltd 2024 ESG Report

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