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Safe Bulkers Inc

Common Name
Safe Bulkers
Country
Monaco
Sector
Industrials
Industry
Marine Shipping
Employees
941
Ticker
SB
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Safe Bulkers Inc. is a global shipping company that specializes in the seaborne transportation of dry bulk commodities. These commodities include essential goods such as coal, grain, and iron ore, whi...

Safe Bulkers's GHG Emissions Data Preview

In 2024, Safe Bulkers completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources).

However, Safe Bulkers has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Safe Bulkers’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2020, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Safe Bulkers’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Safe Bulkers’s data sources below and access millions more through our Disclosure Search.

a. Safe Bulkers's Sustainability Report 2024

Insights into Safe Bulkers's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Safe Bulkers amounted to 861,985 metric tons of CO2 equivalent. This figure reflects direct emissions from owned or controlled sources (Scope 1).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Safe Bulkers increased by 0.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Safe Bulkers's Scope 1 Emissions Over Time

202020212022202320240250 k500 k750 k1 MtCO2e-15%+16%0%0%
  • Total Scope 1
  • Year-over-Year Change

What are Safe Bulkers's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Safe Bulkers were 861,985 metric tons of CO₂ equivalent (tCO₂e).a

Has Safe Bulkers reduced its Scope 1 emissions over time?

Since 2020, Safe Bulkers's Scope 1 emissions have remained relatively, stable, indicating that Safe Bulkers's emissions have plateaued with no significant change in its operational footprint.a

Compared to the previous year (2023), Safe Bulkers's Scope 1 emissions remained relatively stable, indicating that Safe Bulkers's emissions have plateaued with no significant change in its operational footprint.a

Insights into Safe Bulkers’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Safe Bulkers reported Scope 1 greenhouse gas (GHG) emissions of 861,985 tCO₂e and total revenues of USD 308 millions. This translates into an emissions intensity of 2,801.99 tCO₂e per millions USD.a

Safe Bulkers's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,0005,000,000100,000,000Scope 1 Emissions (tCO2e)101001,00010,000100,000Revenues (Millions of USD)CYJSCDSSincere NavigationYear: 2023Scope 1: 287,919 tCO2eRevenue: $M 138Scope 1 Intensity: 2,088.12 tCO2e/$MPrecious ShippingYear: 2023Scope 1: 10,815 tCO2eRevenue: $M 148Scope 1 Intensity: 73.02 tCO2e/$MIrish Continental GroupYear: 2024Scope 1: 551,016 tCO2eRevenue: $M 628Scope 1 Intensity: 876.96 tCO2e/$MCCChina Merchants Port HoldingsYear: 2024Scope 1: 63,676 tCO2eRevenue: $M 1,525Scope 1 Intensity: 41.76 tCO2e/$MHavila ShippingYear: 2024Scope 1: 55,690 tCO2eRevenue: $M 49Scope 1 Intensity: 1,145.00 tCO2e/$MWestports HoldingsYear: 2024Scope 1: 134,181 tCO2eRevenue: $M 524Scope 1 Intensity: 255.95 tCO2e/$MBW LPGYear: 2024Scope 1: 1,368,810 tCO2eRevenue: $M 36,127Scope 1 Intensity: 37.89 tCO2e/$MWisdom Marine LinesYear: 2024Scope 1: 17,393 tCO2eRevenue: $M 19,293Scope 1 Intensity: 0.90 tCO2e/$MYYYang Ming Marine TransportYear: 2024Scope 1: 4,356,301 tCO2eRevenue: $M 6,798Scope 1 Intensity: 640.81 tCO2e/$MHapag-LloydYear: 2024Scope 1: 15,300,306 tCO2eRevenue: $M 19,888Scope 1 Intensity: 769.32 tCO2e/$MJJJames Fisher and SonsYear: 2024Scope 1: 48,584 tCO2eRevenue: $M 549Scope 1 Intensity: 88.45 tCO2e/$MSolstad OffshoreYear: 2024Scope 1: 159,103 tCO2eRevenue: $M 19Scope 1 Intensity: 8,246.93 tCO2e/$MViking Line AbpYear: 2024Scope 1: 252,448 tCO2eRevenue: $M 500Scope 1 Intensity: 504.99 tCO2e/$MMatsonYear: 2024Scope 1: 1,040,900 tCO2eRevenue: $M 3,422Scope 1 Intensity: 304.20 tCO2e/$MSSSITC International HoldingsYear: 2024Scope 1: 1,701,433 tCO2eRevenue: $M 23,907Scope 1 Intensity: 71.17 tCO2e/$MCCCostamareYear: 2024Scope 1: 6,377,604 tCO2eRevenue: $M 2,084Scope 1 Intensity: 3,060.43 tCO2e/$MWan Hai LinesYear: 2024Scope 1: 4,471,249 tCO2eRevenue: $M 4,939Scope 1 Intensity: 905.30 tCO2e/$MTallink GruppYear: 2024Scope 1: 422,115 tCO2eRevenue: $M 818Scope 1 Intensity: 516.20 tCO2e/$MLog-in Logistica IntermodalYear: 2022Scope 1: 142,985 tCO2eRevenue: $M 391Scope 1 Intensity: 365.55 tCO2e/$MDDDiana ShippingYear: 2024Scope 1: 859,703 tCO2eRevenue: $M 228Scope 1 Intensity: 3,767.17 tCO2e/$MAPSEZYear: 2025Scope 1: 150,398 tCO2eRevenue: $M 3,567Scope 1 Intensity: 42.17 tCO2e/$MMISCYear: 2024Scope 1: 3,800,082 tCO2eRevenue: $M 2,960Scope 1 Intensity: 1,283.63 tCO2e/$MKirbyYear: 2024Scope 1: 757,500 tCO2eRevenue: $M 3,266Scope 1 Intensity: 231.94 tCO2e/$MKawasaki Kisen KaishaYear: 2024Scope 1: 6,923,162 tCO2eRevenue: $M 6,326Scope 1 Intensity: 1,094.48 tCO2e/$MSSSafe BulkersYear: 2024Scope 1: 861,985 tCO2eRevenue: $M 308Scope 1 Intensity: 2,801.99 tCO2e/$M

How does Safe Bulkers's GHG emissions intensity compare to its peers?

In 2024, Safe Bulkers reported a Scope 1 emissions intensity of 2,801.99 tCO₂e per millions USD. Compared to the peer group median of 510.59, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Safe Bulkers rank on GHG emissions intensity within its industry?

In 2024, Safe Bulkers ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Safe Bulkers among the least efficient performers, with one of the highest emissions intensities in its sector.a

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