Core Viewpoint - Star Bulk Carriers Corp. has published its 2024 Environmental, Social and Governance (ESG) Report, marking its seventh annual publication, which outlines the company's sustainability strategy, performance, and future goals [2][3]. Company Overview - Star Bulk is a global leader in dry bulk shipping, providing seaborne transportation solutions for major and minor bulk commodities, including iron ore, minerals, grain, bauxite, fertilizers, and steel products [4]. - The company was incorporated in the Marshall Islands in 2006 and is headquartered in Athens, Greece. Its common stock trades on the Nasdaq Global Select Market under the symbol "SBLK" [4]. - As of the release date, Star Bulk owns a fleet of 142 vessels with a total capacity of 14.2 million deadweight tons (dwt), including various types of vessels such as Newcastlemax, Capesize, Kamsarmax, and Ultramax [4]. ESG Report Highlights - The 2024 ESG Report emphasizes measurable progress towards long-term ESG objectives, supported by detailed action plans and sustainability-focused Key Performance Indicators (KPIs) [2]. - The report is developed in accordance with Global Reporting Initiative (GRI 2021) standards and Sustainability Accounting Standards Board (SASB) for Marine Transportation (2023), aligning with the United Nations' Sustainable Development Goals (SDGs) [3]. - Specific GRI disclosures and SASB indicators have received limited assurance from EY in Greece, reinforcing the company's commitment to transparency and accountability in its ESG practices [3]. Leadership Statement - CEO Petros Pappas stated the company's mission is to be a reliable partner in global trade while leading the transition towards a more sustainable maritime future [3].
Star Bulk Carriers Corp. Announces Publication of 2024 Environmental, Social and Governance (ESG) Report