Scorpio Bulkers Inc..
SALT.US | Sea and coastal freight water transport
Scorpio Bulkers Inc., now known as Eneti Inc., was a provider of marine transportation services, focusing on the seaborne transportation of dry bulk commodities. The company owned and operated a fleet of dry bulk carriers, including Kamsarmax and Ultramax vessels, transporting cargoes such as iron o...Show More
Better Health for All
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The provided articles do not contain specific, concrete data points directly attributable to SALT.US (Scorpio Bulkers Inc.) for any of the 'Better Health for All' KPIs. Multiple articles explicitly state that the information pertains to Scorpio Tankers Inc. or Scorpio Group, and that no specific data is provided regarding SALT.US or its health-related initiatives. Therefore, all KPIs are omitted due to lack of direct evidence for the assessed company.
Fair Money & Economic Opportunity
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Scorpio Bulkers Inc. (SALT.US) is a marine transportation services provider, focusing on dry bulk commodities. Its primary activity is freight water transport, not financial services. Therefore, all KPIs related to fair money and economic opportunity, such as lending, deposit services, financial product pricing, or financial literacy initiatives, are not applicable to the company's operations. The provided article explicitly states that it contains no data relevant to Fair Money & Economic Opportunity.
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Fair Pay & Worker Respect
40
The company reported a Lost Time Incident Frequency (LTIF) of 0.5 in 2022, which improved from 0.71 in 2021.
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There were five reported incidents in 2022.
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, with no serious marine casualties.
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Fair Trade & Ethical Sourcing
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No evidence was found in the provided article to assess SALT.US against any of the KPIs for Fair Trade & Ethical Sourcing. The article explicitly states that no quantitative data related to SALT.US or Fair Trade & Ethical Sourcing is provided.
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The regulatory action mentioned pertains to environmental violations by seafarers, which falls outside the scope of Fair Trade & Ethical Sourcing.
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Honest & Fair Business
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The company reported zero ethics-related regulatory fines and no monetary value for fines in 2020
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, 2021
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, and 2022
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. It maintains a formal whistleblower policy, available on its website
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, which utilizes a third-party platform (EthicsPoint) for submissions
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and protects employees who make good faith reports from retaliation
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. Supervisors are trained to manage concerns responsibly
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. As of December 31, 2022, 70% of the board of directors (7 out of 10 members) were determined to be independent
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. The company has a comprehensive anti-corruption policy and Code of Conduct and Ethics, complying with the U.S. Foreign Corrupt Practices Act and the UK Bribery Act
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. It provides formal and ongoing anti-corruption training to staff
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, holds third parties to the same standards
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, and is an active member of The Maritime Anti-Corruption Network (MACN)
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, adhering to its principles including risk assessments, monitoring, internal controls, and due diligence
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. No corruption or bribery incidents were reported in 2020
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.
Kind to Animals
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Scorpio Bulkers Inc. (now Eneti Inc.) is a marine transportation service provider focused on dry bulk commodities and later wind turbine installation
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. Its core business model does not involve animal products, animal testing, or animal agriculture. Therefore, the majority of animal welfare KPIs are not applicable. No evidence was found regarding specific wildlife conservation initiatives with measurable biodiversity impact or engagement in animal welfare policy.
No War, No Weapons
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The company's core business involves marine transportation of dry bulk commodities and, following a transition in 2021, wind turbine installation vessels, which are civilian activities.
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,
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The company states it operates in compliance with all sanctions laws and regulations, conducting sanctions checks and monitoring third parties for compliance.
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Scorpio adheres to the UN Guiding Principles on Business and Human Rights, and its Board of Directors maintains direct oversight of human capital management, receiving quarterly updates.
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There is no evidence of revenue from arms or defense contracts, dual-use technology development, military AI use, or exposure to controversial weapons.
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,
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The company also does not engage in defense-related lobbying or procurement, nor does it have assets requiring defense divestment.
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,
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Planet-Friendly Business
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No specific, concrete data points for SALT.US (Scorpio Bulkers Inc., now Eneti Inc.) were found across the provided articles for any of the Planet-Friendly Business KPIs. While several articles discuss the company's business transition from dry bulk shipping to offshore wind farm construction, they do not provide quantitative environmental performance metrics for SALT.US/Eneti. Data related to 'Scorpio Group', 'Scorpio Tankers', or 'Scorpion.co' was not explicitly attributed to SALT.US/Eneti and therefore could not be used.
Respect for Cultures & Communities
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Eneti Inc.'s 2021 ESG report stated that no cultural appropriation incidents were reported.
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Safe & Smart Tech
0
No information regarding data protection, cybersecurity, or responsible AI practices for Scorpio Bulkers Inc. (SALT.US) was found in the provided articles. Therefore, no KPIs under the 'Safe & Smart Tech' value can be assessed.
Zero Waste & Sustainable Products
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The company reported no waste disposal violations or citations for 2019, 2020, and 2021, and maintained a zero spill/discharge record during these years.
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Hazardous waste management includes ballast water treatment systems on 70% of the fleet and commitments to responsible ship recycling in accordance with the Hong Kong Convention.
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A waste reduction initiative for a managed service water system was implemented on one vessel.
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In 2019, the company set a target to reduce plastic water bottles by 600,000 annually, aiming for full implementation by Q3 2020.
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