Okeanis Eco Tankers Corp. – 2023 ESG Report

Rhea-AI Summary

Okeanis Eco Tankers Corp. (NYSE: ECO / OSE: OET) has released its third Environmental, Social and Governance (ESG) Report for 2023. The report follows the standards set by the Global Reporting Initiative (GRI 2021) and the Sustainability Accounting Standards Board (SASB) for Marine Transportation. Stakeholders can access the complete 2023 ESG Report through the company's website under the sustainability section.

ATHENS, Greece, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (“OET” or the “Company”) (NYSE: ECO / OSE: OET), announced today the publication of its 3^rd Environmental, Social and Governance Report (the “2023 ESG Report”), which has been developed in accordance with the Global Reporting Initiative (GRI 2021 Standards) and the Sustainability Accounting Standards Board (SASB) for Marine Transportation.

The 2023 ESG Report is available on the Company’s website: https://www.okeanisecotankers.com/sustainability/esg-reports/

Contacts

Company:

Iraklis Sbarounis, CFO
Tel: +30 210 480 4200
ir@okeanisecotankers.com

Investor Relations / Media Contact:

Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue, Suite 1540, New York, N.Y. 10169
Tel: +1 (212) 661-7566
okeanisecotankers@capitallink.com

About OET

OET is a leading international tanker company providing seaborne transportation of crude oil and refined products. The Company was incorporated on April 30, 2018 under the laws of the Republic of the Marshall Islands and is listed on Oslo Børs under the symbol OET and the New York Stock Exchange under the symbol ECO. The sailing fleet consists of six modern scrubber-fitted Suezmax tankers and eight modern scrubber-fitted VLCC tankers.

Forward-Looking Statements

This communication contains “forward-looking statements”, including as defined under U.S. federal securities laws. Forward-looking statements provide the Company’s current expectations or forecasts of future events. Forward-looking statements include statements about the Company’s expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts or that are not present facts or conditions. Words or phrases such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “hope,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will” or similar words or phrases, or the negatives of those words or phrases, may identify forward-looking statements, but the absence of these words does not necessarily mean that a statement is not forward-looking. Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. The Company’s actual results could differ materially from those anticipated in forward-looking statements for many reasons, including as described in the Company’s filings with the U.S. Securities and Exchange Commission. Accordingly, you should not unduly rely on these forward-looking statements, which speak only as of the date of this communication. Factors that could cause actual results to differ materially include, but are not limited to, the Company's operating or financial results; the Company's liquidity, including its ability to service its indebtedness; competitive factors in the market in which the Company operates; shipping industry trends, including charter rates, vessel values and factors affecting vessel supply and demand; future, pending or recent acquisitions and dispositions, business strategy, areas of possible expansion or contraction, and expected capital spending or operating expenses; risks associated with operations; broader market impacts arising from war (or threatened war) or international hostilities; risks associated with pandemics (including COVID-19), including effects on demand for oil and other products transported by tankers and the transportation thereof; and other factors listed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. Except to the extent required by law, the Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. You should, however, review the factors and risks the Company describes in the reports it files and furnishes from time to time with the U.S. Securities and Exchange Commission, which can be obtained free of charge on the U.S. Securities and Exchange Commission’s website at www.sec.gov.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

FAQ

When did Okeanis Eco Tankers (ECO) release its 2023 ESG report?

Okeanis Eco Tankers released its 2023 ESG report on November 11, 2024.

What reporting standards does Okeanis Eco Tankers (ECO) follow for its ESG report?

Okeanis Eco Tankers follows the Global Reporting Initiative (GRI 2021 Standards) and the Sustainability Accounting Standards Board (SASB) standards for Marine Transportation.

Where can investors find Okeanis Eco Tankers' (ECO) 2023 ESG report?

The 2023 ESG Report is available on the company's website under the sustainability section at okeanisecotankers.com/sustainability/esg-reports/

Which stock exchanges is Okeanis Eco Tankers (ECO) listed on?

Okeanis Eco Tankers is listed on the New York Stock Exchange (NYSE: ECO) and the Oslo Stock Exchange (OSE: OET).