Star Bulk Carriers Corp. Announces Publication of 2023 Environmental, Social and Governance (ESG) Report

Core Insights - Star Bulk Carriers Corp. has published its 2023 Environmental, Social, and Governance (ESG) Report, marking the sixth annual publication of such reports by the company [1][3]. ESG Report Overview - The 2023 ESG Report adheres to Global Reporting Initiative (GRI 2021) standards and Sustainability Accounting Standards Board (SASB) for Marine Transportation (2018), aligning with the United Nations' Sustainable Development Goals (SDGs) [2]. - The report includes specific GRI disclosures and SASB indicators that have received limited assurance from Ernst & Young (Hellas) Certified Auditors Accountants S.A. [2]. Sustainability Strategy and Performance - The report provides a comprehensive overview of the company's sustainability strategy, performance, and targets, guided by its ESG Committee [3]. - It highlights progress toward long-term ESG goals and includes detailed performance data through sustainability-related Key Performance Indicators (KPIs) [4]. Commitment to Sustainability - The company emphasizes its dedication to mitigating environmental impact, promoting social responsibility, and upholding high standards of corporate governance [4]. - CEO Petros Pappas stated the company's commitment to growing its fleet and operations while caring for human welfare and the environment, aiming for a more sustainable future for the industry [5]. Company Profile - Star Bulk is a global shipping company specializing in dry bulk transportation, with a fleet of 151 owned vessels and an aggregate capacity of 14.6 million deadweight tons (dwt) [5]. - The vessels transport major bulks such as iron ore, minerals, and grain, as well as minor bulks including bauxite, fertilizers, and steel products [5].