- Geopolitical challenges in the Middle East and Ukraine.
- Climate change-induced drought in the Panama Canal.
- Backlash against ESG.
- Exposure to corruption risks in certain trading areas.
- Covid-19 pandemic and ensuing lockdowns and port disruptions leading to increased PSC detentions and deficiencies.
EuroDry Ltd
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, EuroDry Ltd disclosed greenhouse gas emissions of 165.9K tCO2e/year (Scope 1). By scope: Scope 1: 165.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
165.9K tCO2e/year (Scope 1)
2023
Renewable Energy
4.5%
of total energy
Energy Use
2.2K GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 165.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 165.9K tCO2e/year (Scope 1) |
| 2022 | 203.8K tCO2e/year |
| 2021 | 166.8K tCO2e/year |
| 2020 | 129.5K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Weighted average attained CII for all fleet decreased by 3.16% compared to 2022 due to speed reduction, better performance monitoring, and installation of engine power limiters (EPLs).
- 100% of vessels have Ballast Water Treatment Plants (BWTP) installed.
- 97% of supply shipments consolidated.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete installation of telemetric equipment on all vessels by 2024.
- Roll out Environmental Campaign across entire fleet by mid-2024.
📅 Medium-term
- Meet IMO's 2030, 2040, and 2050 GHG emission reduction targets.
🔭 Long-term
- Renew and expand fleet with younger, more modern, and environmentally friendly vessels.
🌱 ESG Focus Areas
Environmental ProtectionSafety, Diversity, and Equity in the WorkplaceEfficiency, Integrity, and Transparency in Operations