- COVID-19 pandemic impacting employee health, well-being, and crew changes.
- Geopolitical challenges impacting crew sourcing from Ukraine and Russia.
- Lack of commercially viable zero-emission fuels and infrastructure.
Eagle Bulk Shipping Inc.
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, Eagle Bulk Shipping Inc. disclosed greenhouse gas emissions of 895.1K tCO2e. By scope: Scope 1: 895.1K tCO2e; Scope 2: 35 tCO2e. 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
895.1K tCO2e
2021
📊 Emissions by Scope (2021)
| 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). | 895.1K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 35 tCO2e |
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 |
|---|---|
| 2021 | 895.1K tCO2e |
| 2020 | 853.9K tCO2e/year |
| 2019 | 709.2K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced the M/V Sydney Eagle's net well-to-wake CO2 emissions by ~90% during a biofuel voyage across the Atlantic Ocean.
- Achieved its Sustainability Link KPI targets for 2021, resulting in an interest margin reduction benefit for 2022.
- 89% of owned fleet is scrubber-fitted, improving air quality.
🎯 Climate & Sustainability Targets
🔜 Short-term
- 40% reduction in emissions intensity by 2030 (relative to 2008 baseline).
🔭 Long-term
- 50% reduction in absolute emissions by 2050 (relative to 2008 baseline), zero emissions as soon as possible within this century.
🌱 ESG Focus Areas
Climate ChangeDecent Work and Economic GrowthIndustry, Innovation, and InfrastructurePartnership for the Goals