Golden Ocean Group Limited.
GOGL.US | Sea and coastal freight water transport
Golden Ocean Group Limited is an international dry bulk shipping company. The company owns and operates a fleet of dry bulk vessels, transporting a range of major and minor bulk commodities, including iron ore, coal, grains, and fertilizers. Golden Ocean operates in the Capesize, Panamax, and Supram...Show More
Better Health for All
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No specific data was found in the provided articles regarding Golden Ocean Group Limited's performance against any of the 'Better Health for All' KPIs.
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Both articles explicitly state that no relevant data for GOGL.US or the specified value could be extracted.
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Therefore, all KPIs are omitted due to a lack of evidence.
Fair Money & Economic Opportunity
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No evidence available to assess Golden Ocean Group Limited on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess Golden Ocean Group Limited on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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The company reported no substantiated forced or child labor incidents.
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It has a Code of Business Ethics and Conduct that outlines policies for ethical sourcing, human rights, and modern slavery.
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Honest & Fair Business
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Golden Ocean Group Limited has a formal whistleblower policy that includes a secure, anonymous, third-party web-based solution (EthicsPoint) for reporting concerns.
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The policy explicitly commits to protecting employees from retaliation, referencing the US Sarbanes-Oxley Act and Norwegian Working Environment Act.
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Complaints are received by the Compliance Officer and Head of the Audit Committee, which assesses and investigates them, maintaining a log of receipt, investigation, and resolution, with periodic summaries provided to the Board of Directors.
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The company's board consists of six directors, four of whom are independent, resulting in approximately 67% independent directors.
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GOGL has a comprehensive Financial Crime Policy prohibiting bribery, corruption, money laundering, and sanctions violations, covering all entities, employees, and business partners.
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It mandates training and ongoing monitoring, and the company is a member of the Maritime Anti-Corruption Network (MACN), reporting incidents to MACN and the flag state quarterly.
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For third-party verification, the company uses third-party monitoring tools like Infospectrum and Dow Jones RiskCenter for due diligence on business partners.
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Kind to Animals
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No evidence available to assess Golden Ocean Group Limited on Kind to Animals.
No War, No Weapons
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No evidence available to assess Golden Ocean Group Limited on No War, No Weapons.
Planet-Friendly Business
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No evidence available to assess Golden Ocean Group Limited on Planet-Friendly Business.
Respect for Cultures & Communities
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The provided articles, including the 2022 and 2023 ESG reports and a 2024 ESG report announcement, explicitly state the absence of specific quantitative data or concrete facts relevant to any of the KPIs for 'Respect for Cultures & Communities'. For example, the 2022 ESG report notes that the 'Percentage of Operations with Documented Social License to Operate' is 'Not Reported', and consistently indicates a lack of data for metrics such as formal partnerships, revenue reinvestment, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, and grievance mechanisms.
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Therefore, no KPIs can be scored based on the available evidence.
Safe & Smart Tech
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The company's privacy policy indicates that users can opt-out of email communications and adjust browser cookie settings, which aligns with industry-standard user privacy controls.
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The policy also states a commitment to applicable data protection laws, including compliance with the EU General Data Protection Regulation (GDPR).
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Zero Waste & Sustainable Products
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Golden Ocean Group Limited reported no specific fines or waste disposal violations in its 2022 ESG report (covering 2020-2022), 2023 ESG report, and 2024 ESG report.
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