MASHINIi

OceanPal Inc..

OP.US | Sea and coastal freight water transport

OceanPal Inc. is a global shipping company that owns and operates a fleet of dry bulk vessels. These vessels are primarily used to transport major bulks such as iron ore, coal, and grains, as well as minor bulks including bauxite, fertilizers, and steel products. The company focuses on providing sea...Show More

Ethical Profile

Mixed.

When considering OceanPal Inc.'s ethics, its environmental footprint is a primary concern. The company's fleet, averaging 19.3 years old, relies on fossil fuels, contributing to significant carbon emissions inherent in global shipping. Reports suggest a lack of public data on emissions reduction efforts or specific environmental initiatives. Regarding honest business, OceanPal has a Code of Ethics, a whistleblower policy prohibiting bribery, and uses Ernst & Young as independent auditors. However, critics point to an absence of data on regulatory fines and transparency, alongside potential policy gaps in regional offices.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-50
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess OceanPal Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

OceanPal Inc. is a global dry bulk shipping company and does not operate in the financial services sector.

1
The provided 20F filing explicitly states that data for all KPIs related to consumer financial products, lending, or financial inclusion initiatives is not applicable.
2
Consequently, there is no evidence to score these metrics, as they are designed for financial institutions, and the company's core business lies outside finance.

Fair Pay & Worker Respect

0

No specific, concrete data points were found in the provided articles for any of the Fair Pay & Worker Respect KPIs. The articles explicitly state that data for metrics such as living wage coverage, CEO median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, and health insurance coverage are not provided or addressed.

1

Fair Trade & Ethical Sourcing

0

No specific, quantitative data points were found across the provided articles to assess OceanPal Inc. against any of the Fair Trade & Ethical Sourcing KPIs. The articles discuss general industry trends

1
, academic studies on other companies
2
, or the company's internal code of ethics
3
, none of which provide concrete evidence regarding fair-trade certification, supplier audit frequency, forced/child labor incidents, supply chain traceability, remediation speed, ethical clause coverage in supplier contracts, materials risk index, or supplier diversity spend for OceanPal Inc.

Honest & Fair Business

-50

OceanPal Inc. has a formal whistleblower policy that includes a hotline and email, allows for anonymity, and prohibits retaliation.

1
However, there is no evidence provided regarding independent investigation processes, training frequency, or program effectiveness. The company also has an explicit prohibition against bribery and offering or receiving improper incentives.
2
The available information does not detail the policy's scope, specific guidance on payments, training, or enforcement mechanisms.

Kind to Animals

0

No evidence available to assess OceanPal Inc. on Kind to Animals.

No War, No Weapons

0

The provided articles do not contain specific data points for OceanPal Inc. regarding its involvement in arms manufacturing, military contracts, or conflict facilitation. The company's core business is described as global shipping transportation services, focusing on the ownership and operation of dry bulk vessels and product tankers.

1
No information was found on revenue from arms contracts, dual-use technology, sales to embargoed regimes, peacebuilding investment, or any other metrics related to the 'No War, No Weapons' value.

Planet-Friendly Business

0

No specific, quantitative data is available across any of the environmental KPIs to assess OceanPal Inc.'s performance as a Planet-Friendly Business. The provided articles explicitly state that there is no data on emissions, renewable energy use, water usage, waste diversion, biodiversity programs, or climate-related targets and initiatives.

1
While the company's Code of Ethics mentions environmental compliance, this is a policy statement and not a measurable outcome or specific action relevant to the quantitative KPIs.
2

Respect for Cultures & Communities

0

No specific, concrete data points or actions related to OceanPal Inc.'s respect for cultures and communities were found across the provided articles.

1
The articles primarily contained financial information, general discussions about ocean conservation and Indigenous rights (not specific to OceanPal), or explicitly stated that no sustainability data was available for the company.

Safe & Smart Tech

0

The provided articles discuss general cybersecurity risks and regulatory frameworks within the maritime industry (Articles

1
,
2
). is OceanPal Inc.'s Code of Ethics, which outlines principles but does not provide specific, concrete data points, actions, or performance metrics.
3
, an SEC filing, was inaccessible.
4
Consequently, no specific evidence directly attributable to OceanPal Inc. (OP.US) was found to score any of the Safe & Smart Tech KPIs.

Zero Waste & Sustainable Products

0

No specific, concrete data points regarding OceanPal Inc. (OP.US) and its performance against the 'Zero Waste & Sustainable Products' ethical value were found in the provided articles. The articles discuss general plastic pollution, regulatory actions, and initiatives by other companies such as Amazon, L'Oréal, IKEA, Walmart, Target, and SC Johnson, but do not contain any relevant information for OceanPal Inc.

1

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.