Safe Bulkers Inc 2020 Sustainability Report
The report highlights Safe Bulkers' sustainability performance for 2020, focusing on its response to the COVID-19 pandemic and its environmental initiatives. The company successfully retrofitted 50% of its fleet with Exhaust Gas Cleaning Systems (EGCS) and 31 vessels with Ballast Water Treatment Systems (BWTS). Safe Bulkers achieved a 3.7% reduction in its fleet's Annual Efficiency Ratio (AER) and a 75% reduction in sulfur oxide emissions compared to 2019. Socially, the company endorsed the Neptune Declaration to address crew change challenges and launched a scholarship program for maritime students. The report also details the company's alignment with six UN Sustainable Development Goals and its adherence to SASB standards for marine transportation.
Company: Safe Bulkers Inc
Sector: Transport & logistics
Country: Monaco
Year: 2020
Type: Sustainability Report
Pages: 65
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Safe Bulkers Inc
Sustainability Report
The report highlights Safe Bulkers' sustainability performance for 2020, focusing on its response to the COVID-19 pandemic and its environmental initiatives. The company successfully retrofitted 50% of its fleet with Exhaust Gas Cleaning Systems (EGCS) and 31 vessels with Ballast Water Treatment Systems (BWTS). Safe Bulkers achieved a 3.7% reduction in its fleet's Annual Efficiency Ratio (AER) and a 75% reduction in sulfur oxide emissions compared to 2019. Socially, the company endorsed the Neptune Declaration to address crew change challenges and launched a scholarship program for maritime students. The report also details the company's alignment with six UN Sustainable Development Goals and its adherence to SASB standards for marine transportation.
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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
Assurance
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Workplace Fatalities
Employees