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Star Bulk Carriers Corp. Announces Publication of 2023 Environmental, Social and Governance (ESG) Report

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Star Bulk Carriers Corp. (SBLK) has released its 2023 Environmental, Social, and Governance (ESG) Report, marking its sixth annual publication. The report adheres to Global Reporting Initiative (GRI 2021) standards, SASB Marine Transportation (2018) guidelines, and aligns with UN Sustainable Development Goals. Ernst & Young has provided assurance for specific GRI and SASB indicators.

The report presents a detailed overview of Star Bulk's sustainability strategy, performance metrics, and targets. Under ESG Committee guidance, the company implements best practices while addressing key environmental, social, and governance challenges. CEO Petros Pappas emphasized the company's commitment to human welfare and environmental well-being while expanding fleet operations.

Star Bulk Carriers Corp. (SBLK) ha pubblicato il suo rapporto annuale 2023 su Ambiente, Sociale e Governance (ESG), segnando la sua sesta pubblicazione annuale. Il rapporto è conforme agli standard della Global Reporting Initiative (GRI 2021), delle linee guida SASB Marine Transportation (2018) e si allinea con gli Obiettivi di Sviluppo Sostenibile delle Nazioni Unite. Ernst & Young ha fornito garanzia per specifici indicatori GRI e SASB.

Il rapporto presenta una panoramica dettagliata della strategia di sostenibilità di Star Bulk, delle metriche di performance e degli obiettivi. Sotto la guida del Comitato ESG, l'azienda adotta le migliori pratiche affrontando al contempo le principali sfide ambientali, sociali e di governance. Il CEO Petros Pappas ha sottolineato l'impegno dell'azienda per il benessere umano e ambientale, mentre espande le operazioni della flotta.

Star Bulk Carriers Corp. (SBLK) ha publicado su informe anual 2023 sobre Medio Ambiente, Social y Gobernanza (ESG), marcando su sexta publicación anual. El informe cumple con los estándares de la Iniciativa de Reporte Global (GRI 2021), las directrices SASB Transporte Marítimo (2018) y se alinea con los Objetivos de Desarrollo Sostenible de la ONU. Ernst & Young ha proporcionado aseguramiento para indicadores específicos de GRI y SASB.

El informe presenta una visión detallada de la estrategia de sostenibilidad de Star Bulk, las métricas de rendimiento y los objetivos. Bajo la guía del Comité de ESG, la empresa implementa las mejores prácticas mientras enfrenta los principales desafíos ambientales, sociales y de gobernanza. El CEO Petros Pappas enfatizó el compromiso de la empresa con el bienestar humano y ambiental mientras expande las operaciones de la flota.

Star Bulk Carriers Corp. (SBLK)는 2023 환경, 사회 및 거버넌스(ESG) 보고서를 발표하며, 제6회 연례 발행을 기념했습니다. 이 보고서는 글로벌 보고 이니셔티브(GRI 2021) 기준, SASB 해양 운송(2018) 가이드라인을 준수하며, 유엔의 지속 가능한 개발 목표와 일치합니다. Ernst & Young은 특정 GRI 및 SASB 지표에 대한 보증을 제공했습니다.

이 보고서는 Star Bulk의 지속 가능성 전략, 성과 지표 및 목표에 대한 상세한 개요를 제공합니다. ESG 위원회의 지침에 따라, 회사는 주요 환경, 사회 및 거버넌스 문제를 해결하는 동시에 모범 사례를 구현합니다. CEO Petros Pappas는 회사의 인도적 복지와 환경적 웰빙에 대한 헌신을 강조하면서 함대 운영을 확장하고 있습니다.

Star Bulk Carriers Corp. (SBLK) a publié son rapport annuel 2023 sur l'Environnement, le Social et la Gouvernance (ESG), marquant ainsi sa sixième publication annuelle. Le rapport respecte les normes de la Global Reporting Initiative (GRI 2021), les lignes directrices de SASB Marine Transportation (2018) et est conforme aux Objectifs de Développement Durable des Nations Unies. Ernst & Young a fourni une assurance pour certains indicateurs GRI et SASB.

Le rapport présente un aperçu détaillé de la stratégie de durabilité de Star Bulk, des indicateurs de performance et des objectifs. Sous la direction du Comité ESG, l'entreprise met en œuvre les meilleures pratiques tout en abordant les principaux défis environnementaux, sociaux et de gouvernance. Le PDG Petros Pappas a souligné l'engagement de l'entreprise envers le bien-être humain et environnemental tout en élargissant les opérations de la flotte.

Star Bulk Carriers Corp. (SBLK) hat ihren Jahresbericht 2023 über Umwelt, Soziales und Unternehmensführung (ESG) veröffentlicht, was die sechste jährliche Veröffentlichung markiert. Der Bericht folgt den Standards der Global Reporting Initiative (GRI 2021), den Richtlinien der SASB Marine Transportation (2018) und steht im Einklang mit den UN-Zielen für nachhaltige Entwicklung. Ernst & Young hat für spezifische GRI- und SASB-Indikatoren eine Prüfung durchgeführt.

Der Bericht bietet einen detaillierten Überblick über die Nachhaltigkeitsstrategie, Leistungskennzahlen und Ziele von Star Bulk. Unter der Leitung des ESG-Ausschusses implementiert das Unternehmen bewährte Verfahren und geht dabei auf wichtige Herausforderungen in den Bereichen Umwelt, Soziales und Unternehmensführung ein. CEO Petros Pappas betonte das Engagement des Unternehmens für das Wohlergehen der Menschen und die Umwelt, während die Flottenoperationen ausgeweitet werden.

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ATHENS, Greece, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK), a global leader in dry bulk shipping, today announced the publication of its 2023 Environmental, Social, and Governance (ESG) Report.

The report has been developed in accordance with the Global Reporting Initiative (GRI 2021) standards, the Sustainability Accounting Standards Board (SASB) for Marine Transportation (2018), and aligns with the United Nations’ Sustainable Development Goals (SDGs). Specific GRI disclosures and SASB indicators have received limited level of assurance from Ernst & Young (Hellas) Certified Auditors Accountants S.A. The 2023 ESG Report is now available on the Company’s website at www.starbulk.com.

The 2023 ESG Report, Star Bulk's sixth annual publication, offers a comprehensive overview of the company's sustainability strategy, performance, and targets. Guided by its ESG Committee, Star Bulk implements best practices to ensure business continuity while addressing key environmental, social, and governance (ESG) challenges.

The report highlights progress toward the company's long-term ESG goals and includes detailed performance data through sustainability-related Key Performance Indicators (KPIs). This commitment to transparency underscores Star Bulk's dedication to mitigating environmental impact, promoting social responsibility, and upholding the highest standards of corporate governance.

Commenting on the report, Mr. Petros Pappas, CEO of Star Bulk, stated: “We continue to grow our fleet and our operations in parallel with our care and commitment to human welfare and to the well-being of the environment. We are dedicated to advancing a more sustainable future for our industry.”

About Star Bulk
Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk’s vessels transport major bulks, which include iron ore, minerals and grain, and minor bulks, which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, New York, Limassol and Singapore. Its common stock trades on the Nasdaq Global Select Market under the symbol “SBLK”. Upon the delivery to its new owners, Star Bulk will have a fleet of 151 owned vessels, with an aggregate capacity of 14.6 million dwt, consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax and Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt.

Contacts

Company:
Simos Spyrou, Christos Begleris
Co ‐ Chief Financial Officers
Star Bulk Carriers Corp.
c/o Star Bulk Management Inc.
40 Ag. Konstantinou Av.
Maroussi 15124
Athens, Greece
Email: info@starbulk.com
www.starbulk.com

Investor Relations / Financial Media:
Nicolas Bornozis
President
Capital Link, Inc.
230 Park Avenue, Suite 1540
New York, NY 10169
Tel. (212) 661‐7566
E‐mail: starbulk@capitallink.com
www.capitallink.com


FAQ

What are the key features of Star Bulk's (SBLK) 2023 ESG Report?

Star Bulk's 2023 ESG Report follows GRI 2021 standards, SASB guidelines, and UN SDGs, with Ernst & Young providing assurance. It details sustainability strategy, performance metrics, and targets while highlighting the company's commitment to environmental and social responsibility.

How many ESG reports has Star Bulk (SBLK) published to date?

The 2023 ESG Report marks Star Bulk's sixth annual ESG publication, demonstrating their ongoing commitment to sustainability reporting and transparency.

What sustainability standards does Star Bulk's (SBLK) 2023 ESG Report follow?

The report follows Global Reporting Initiative (GRI 2021) standards, Sustainability Accounting Standards Board (SASB) for Marine Transportation (2018), and aligns with UN Sustainable Development Goals.

Where can investors access Star Bulk's (SBLK) 2023 ESG Report?

The 2023 ESG Report is available on Star Bulk's official website at www.starbulk.com.

Star Bulk Carriers Corp.

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