Gulf Marine Services PLC 2024 Annual Report with Sustainability Disclosures
Company: Gulf Marine Services PLC
Sector: Mining & quarrying
Country: United Arab Emirates
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 156
The report describes a strong 2024 performance, with revenue of US$ 167.5 million and adjusted EBITDA of US$ 100.4 million, alongside reduced leverage. The company reports 727 employees at year-end and a strong safety outcome, including zero work-related fatalities and zero recordable injuries. It provides detailed carbon, energy and waste disclosures, including Scope 1 emissions of 52,841 tCO2e, total Scope 3 emissions of 23,046 tCO2e, and 9,278 tonnes of waste. The report also outlines Board-approved net-zero targets for selected Scope 3 categories by 2035 and Scope 1 plus other Scope 3 categories by 2050.
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