Gearbulk ESG Report 2023 - Report - Page 19
ESG REPORT 2023
SCOPE 1
DIRECT EMISSIONS:
CARBON DIOXIDE
Scope 1 emissions account for direct emissions from vessels
We therefore had two vessels that were under Gearbulk’s
under our operational control. These vessels are involved
operational control during 2023 which yielded a 24% decrease
in business activities outside of the Open Hatch business
in emissions. The main drivers for such decrease relate
and Liquid Pitch trade. Vessels owned and deployed to our
primarily to replacement of one vessel with a more e昀케cient
Open Hatch business are chartered to our Joint Venture G2
vessel and the upgrade to high range Anti Fouling system on
Ocean, and our liquid pitch vessels are chartered to our Joint
the second vessel.
Venture High Heat Tankers. Emissions from these vessels are
recorded as Scope 3.
Direct Emissions
Unit
CO2
tCO2e
HFC
tCO2e
Change from
Base Year
2023
17,158
-24%
17,793
-21%
103.2
-21%
101
-34%
2022
Change from
Base Year
19
