For a 5th consecutive year, Star Bulk releases its annual ESG Report, in accordance with the new Global Reporting Initiative Standards (2021) and the Sustainability Accounting Standards Board (SASB) for Marine Transportation (2018), and in consistency with the United Nations’ Sustainable Development Goals (SDGs).
The Report presents our ESG strategy, priorities and goals, discloses the Star Bulk’s performance through sustainability-related Key Performance Indicators, and provides extensive information about how we manage our impact on the environment, how we support our people and society, and how we safeguard ethics and integrity. Based on the new GRI 2021 requirements, Star Bulk has engaged its stakeholders to develop a new impact materiality assessment which identifies and prioritizes both positive and negative impacts towards the environment, people, and the wider economy.
“Along with delivering strong economic performance in 2022, Star Bulk notably enhanced its ESG practices and performance” noted Mr. Petros Pappas, Star Bulk CEO. “For the first time we measured and reported our Scope 3 emissions, we introduced an ESG Committee at a Board level, and we were the first dry bulk company worldwide to undergo a Dry-BMSA audit with RightShip. We actively contributed to the development of Green Corridors. Through the application of technical and operational measures, we improved our fleet’s energy efficiency and reduced our carbon footprint. We remain committed to leading the way in sustainable dry bulk shipping.”
The Report has been published on the Star Bulk website: