Welcome to our latest Sustainability Report, which documents our commitments and initiatives to operate our business responsibly for our people, our customers and the environment, and to give back to the communities where we work and have prospered.
We have detailed our governance processes, our sustainability performance against targets and international standards, how we are always working on continual improvement, our focus on safety, training and development and how we are sharing our knowledge with other shipping industry leaders to make a real difference.
It also gives the big picture view of the challenges and opportunities the shipping industry faces as it continues to move more than 90% of the world's freight while evolving socio-economic, political and environmental trends are rapidly changing the context in which the industry operates.
Our Carbon Footprint
At Gearbulk we track the fleet's carbon emissions using our in-house Carbon Footprint report.
This report follows IMO guidelines for measuring the CO2 emitted per tonne mile of cargo carried - the CO2 Index.
We set ourselves an ambitious target to reduce our CO2 Index by 20% from 2010 levels by the end of 2015 and managed to reach an 18.2% reduction.