GOGL – 2024 Environmental, Social and Governance (ESG) Report
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Golden Ocean Group (GOGL) has published its seventh annual ESG Report for 2024, demonstrating significant progress in environmental performance. The report, aligned with SASB Marine Transportation framework and GRI Standards, highlights the company's commitment to sustainability and fleet modernization. CEO Peder Simonsen announced an impressive 11.7% reduction in CII emissions compared to 2019 baseline, surpassing the 2024 target. The company remains on track for its ambitious emission reduction goals of 15% by 2026, 30% by 2030, and achieving net zero by 2050. The comprehensive report covers ESG performance across operations and value chain, showcasing Golden Ocean's dedication to sustainable shipping practices.
Golden Ocean Group (GOGL) ha pubblicato il suo settimo Rapporto ESG annuale per il 2024, mostrando notevoli progressi nelle prestazioni ambientali. Il rapporto, conforme al quadro SASB Marine Transportation e agli standard GRI, evidenzia l'impegno dell'azienda verso la sostenibilità e la modernizzazione della flotta. Il CEO Peder Simonsen ha annunciato una riduzione impressionante dell'11,7% delle emissioni CII rispetto al 2019, superando l'obiettivo fissato per il 2024. L'azienda è sulla buona strada per raggiungere gli ambiziosi traguardi di riduzione delle emissioni del 15% entro il 2026, del 30% entro il 2030 e per ottenere la neutralità carbonica entro il 2050. Il rapporto completo copre le prestazioni ESG nelle operazioni e nella catena del valore, dimostrando la dedizione di Golden Ocean a pratiche di navigazione sostenibile.
Golden Ocean Group (GOGL) ha publicado su séptimo Informe Anual ESG para 2024, demostrando un progreso significativo en el desempeño ambiental. El informe, alineado con el marco SASB Marine Transportation y los Estándares GRI, destaca el compromiso de la empresa con la sostenibilidad y la modernización de la flota. El CEO Peder Simonsen anunció una impresionante reducción del 11,7% en las emisiones CII respecto a la línea base de 2019, superando la meta para 2024. La compañía mantiene el rumbo hacia sus ambiciosos objetivos de reducción de emisiones del 15% para 2026, 30% para 2030 y alcanzar la neutralidad neta para 2050. El informe integral cubre el desempeño ESG en operaciones y cadena de valor, mostrando la dedicación de Golden Ocean a prácticas de navegación sostenible.
골든 오션 그룹(GOGL)은 2024년 제7회 연례 ESG 보고서를 발표하며 환경 성과에서 큰 진전을 보였습니다. SASB 해상 운송 프레임워크와 GRI 기준에 부합하는 이 보고서는 회사의 지속 가능성과 선대 현대화에 대한 의지를 강조합니다. CEO 페더 시몬센은 2019년 기준 대비 CII 배출량을 11.7% 감축했다고 발표했으며, 2024년 목표를 초과 달성했습니다. 회사는 2026년까지 15%, 2030년까지 30%, 2050년까지 순배출 제로 달성이라는 야심찬 배출 감축 목표를 차질 없이 진행 중입니다. 이 포괄적인 보고서는 운영과 가치 사슬 전반에 걸친 ESG 성과를 다루며, 골든 오션의 지속 가능한 해운 실천에 대한 헌신을 보여줍니다.
Golden Ocean Group (GOGL) a publié son septième rapport annuel ESG pour 2024, démontrant des progrès significatifs en matière de performance environnementale. Le rapport, aligné sur le cadre SASB Marine Transportation et les normes GRI, met en avant l'engagement de l'entreprise envers la durabilité et la modernisation de sa flotte. Le PDG Peder Simonsen a annoncé une réduction impressionnante de 11,7 % des émissions CII par rapport à la référence de 2019, dépassant ainsi l'objectif fixé pour 2024. L'entreprise reste sur la bonne voie pour atteindre ses ambitieux objectifs de réduction des émissions de 15 % d'ici 2026, 30 % d'ici 2030 et la neutralité carbone d'ici 2050. Le rapport complet couvre la performance ESG à travers les opérations et la chaîne de valeur, illustrant le dévouement de Golden Ocean aux pratiques de navigation durables.
Golden Ocean Group (GOGL) hat seinen siebten jährlichen ESG-Bericht für 2024 veröffentlicht und dabei erhebliche Fortschritte in der Umweltleistung gezeigt. Der Bericht, der mit dem SASB Marine Transportation Framework und den GRI-Standards übereinstimmt, unterstreicht das Engagement des Unternehmens für Nachhaltigkeit und die Modernisierung der Flotte. CEO Peder Simonsen gab eine beeindruckende Reduktion der CII-Emissionen um 11,7 % im Vergleich zur Basislinie von 2019 bekannt und übertraf damit das Ziel für 2024. Das Unternehmen ist auf Kurs, seine ehrgeizigen Emissionsreduktionsziele von 15 % bis 2026, 30 % bis 2030 und Netto-Null bis 2050 zu erreichen. Der umfassende Bericht deckt die ESG-Leistung entlang der gesamten Wertschöpfungskette ab und zeigt das Engagement von Golden Ocean für nachhaltige Schifffahrtspraktiken.
Positive
- Achieved 11.7% reduction in CII emissions compared to 2019 baseline, exceeding 2024 trajectory
- Successfully progressing towards ambitious emission reduction targets (15% by 2026, 30% by 2030)
- Continued execution of fleet modernization strategy while maintaining operational efficiency
Negative
- None.
Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its seventh annual ESG Report.
The 2024 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB) and with reference to the Global reporting Initiative (GRI) Standards. The report covers ESG performance in our operations and value chain, along with how we manage material sustainability matters for the fiscal year 2024.
Peder Simonsen, CEO, comments: “We continue to deliver on our strategy of fleet modernisation while maintaining a strong focus on operational efficiency. As a result, we are pleased to report a
A copy of the report is attached hereto and available on the Company’s website at www.goldenocean.bm.
For further queries, please contact:
Peder Simonsen, CEO of Golden Ocean Management AS
Telephone: +47 22 01 73 40
Randi Navdal Bekkelund, CFO of Golden Ocean Management AS
Telephone: +47 22 01 73 40
June 11, 2025
Hamilton, Bermuda
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act
Attachment
FAQ
What are Golden Ocean Group's (GOGL) emission reduction targets for 2030?
Golden Ocean Group aims to reduce CII emissions by 30% by 2030, with intermediate targets of 15% reduction by 2026, and ultimately achieving net zero by 2050.
How much did Golden Ocean Group (GOGL) reduce its CII emissions in 2024?
Golden Ocean Group achieved an 11.7% reduction in CII emissions compared to the 2019 baseline year, exceeding their 2024 trajectory target.
What sustainability reporting frameworks does GOGL use for its ESG report?
GOGL's ESG report is prepared in accordance with the SASB Marine Transportation framework and with reference to the Global Reporting Initiative (GRI) Standards.
Who is the current CEO of Golden Ocean Group (GOGL)?
Peder Simonsen is the current CEO of Golden Ocean Group.
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