Gearbulk ESGreport 2024 Paperturn - Flipbook - Page 19
ESG REPORT 2024
SCOPE 1
DIRECT EMISSIONS:
CARBON DIOXIDE
Scope 1 emissions account for direct emissions from vessels
During 2024, Gearbulk therefore had two vessels that were
under our operational control. These vessels are involved in
under operational control, which yielded a 24% decrease in
business activities outside of the Open Hatch business and
emissions. The main drivers for such decrease relate primarily
Liquid Pitch trade. Vessels owned and deployed to our Open
to the upgrade to a high-range Anti Fouling system, installa-
Hatch business are chartered to our Joint Venture G2 Ocean
tion of solar panels on our 昀氀oating terminal and operational
and emissions from these vessels are recorded as Scope 3.
e昀케ciencies.
Direct Emissions
Unit
2023
Change from
Base Year
2024
Change from
Base Year
CO2
tCO2e
17,793
-21%
17,206
-24%
HFC
tCO2e
101
-34%
0.626*
-99%*
*Main driver of HFC from 2023 is excluded under scope 1 for 2024 numbers.
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