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Star Bulk Carriers Corp. releases ESG report

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Dry Bulk,

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, has announced the publication of its 2020 Environmental, Social and Governance (ESG) Report, developed in accordance with the Global Reporting Initiative Standards (Core Option) and the Sustainability Accounting Standards Board (SASB) for Marine Transportation. The GRI and SASB disclosures of the report have been assured by EY’s Climate Change and Sustainability Services.

The Report has been published on the Company’s website.

This Report provides a transparent account of the Company’s sustainability performance, targets and strategy, and applies rigorous global standards for comparability and comprehensiveness. In formulating the Company’s targets and measuring its efforts, Star Bulk draws inspiration and guidance from the United Nations’ Sustainable Development Goals (SDGs). The Report presents Star Bulk’s priorities and goals, and provides extensive information about the Company’s activities, including corporate governance, operational excellence, and the ways in which it measures and manages its impact on the environment, its people and society. Highlighting the material issues as these have been identified by the Company’s stakeholders, the Report demonstrates the Company’s dedication to engaging its employees, investors, customers, banks and other constituents, in the formulation of its ESG strategy and the reporting of its performance.

Commenting on the publication of the Report, Mr. Petros Pappas, Star Bulk CEO, emphasised: “With this third annual ESG Report we continue to strengthen our commitment to lead the way in sustainable dry bulk shipping. The challenges of the pandemic have further highlighted the need for global cooperation, social cohesion, resilience, and protection of the environment. This report records our ongoing efforts to further strengthen our environmental stewardship, social contribution and solid governance.”

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