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STAMFORD, Conn., May 09, 2022 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq: EGLE) (“Eagle Bulk”, “Eagle”, or the “Company”), one of the world’s largest owner-operators within the midsize drybulk segment, today announced the publication of its third annual Environmental, Social, and Governance (ESG) Sustainability Report.

The report, which has been prepared in accordance with the Marine Transportation Framework established by the Sustainability Accounting Standards Board (SASB), provides an overview of Eagle’s strategic priorities and performance with respect to various environmental, social, and governance-related matters.

Gary Vogel, Eagle Bulk’s CEO, commented, “Eagle Bulk advanced a number of important ESG-related initiatives in 2021, which are detailed in our report. We have embedded these initiatives across our company, as demonstrated by the sustainability-linked targets included in the new credit facility we entered into during the fourth quarter of 2021, which allow the Company to decrease its interest rate margin, subject to meeting fleet energy efficiency targets and making investments in decarbonization initiatives. I’m pleased to report that we have met these targets for 2021 and will benefit from a decrease in our margin starting this June, which will step down to 210 basis points over 3-month LIBOR.   Additionally, we improved our fuel efficiency profile by adding nine modern vessels to our fleet and completed our first ever sustainable biofuel voyage, sailing the M/V Sydney Eagle across the Atlantic and reducing the vessel’s net well-to-wake CO2 emissions by ~90% during the voyage.

From a Social perspective, our top priority has been to ensure the health and safety of our employees, both onshore and onboard our vessels. COVID-19 continued to impact our business in 2021. We have had some colleagues deal with illness personally, while others had to cater to family being impacted at home.

More recently, the tragic events taking place in Ukraine have significantly impacted our Ukrainian seafarers, and we are doing what we can to ensure their safety and well-being by providing assistance with temporary housing, transportation, and other needs.”

Eagle’s ESG Sustainability Report can be accessed on the Company’s website at www.eagleships.com/ESG.

CONTACT

Company Contact:
Frank De Costanzo
Chief Financial Officer
Eagle Bulk Shipping Inc.
Tel. +1 203-276-8100
Email: investor@eagleships.com

Media:
Rose and Company
Tel. +1 212-359-2228

PHOENIX, May 04, 2022 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today published its 2021 Environmental, Social, and Governance (ESG) Report, highlighting the healthy grocer’s ongoing progress in growing its business sustainably and responsibly.

"I’m very pleased with the meaningful achievements we made on our ESG initiatives in 2021,” said Jack Sinclair, chief executive officer of Sprouts Farmers Market. “Our accomplishments reinforce the commitment of our 31,000 purpose-driven team members in caring for each other, our customers, communities, and the planet. We look forward to continuing our progress in the years ahead as we execute on our long-term growth strategy that is rooted in ESG.”

Highlights from the 2021 ESG Report include:

Environment

Climate

• Reduced carbon emissions per square foot by nearly 10% from 2019
• Averted 49,000 MTCO₂e through food recovery programs

Waste

• Achieved an overall landfill diversion rate of 60% by repurposing and recycling 79,000 tons of food and other recyclables
• Recovered 78% of food waste generated and donated the equivalent of 26 million meals to help those struggling with hunger
• Recycled 500 tons of plastic film from customer and in-store use

Sourcing

• Sold $2.7 billion of products with a social or environmental attribute
• Committed to improving chicken welfare by providing environmental enrichments by 2024, reduced stocking density by 2025, and more humane processing through controlled-atmosphere stunning by 2026

Social

Team Member Development and Wellness

• Created 1,300 new jobs and promoted 22% of our team members of which 54% are female and 49% are racially/ethnically diverse
• Delivered 585,000 hours of in-store training
• Reduced worker safety claims by 22% from the prior year

Community

• Awarded $3 million to programs supporting youth nutrition education and food systems equity through the Sprouts Healthy Communities Foundation
• 70,000 children enrolled in Sprouts-funded nutrition education programs

Governance

Corporate Governance

• 86% of Sprouts’ board members are independent
• 29% of Sprouts’ board members are female and 14% are ethnically diverse

Risk Management and Cybersecurity

• Formed a board-level Risk Committee to monitor enterprise risk management program and provide oversight of risks related to cybersecurity, critical systems, and environmental and social matters, among others
• Experienced no cybersecurity or data privacy events in 2021

Sprouts has again published a table summary that aligns with the Food Retailers & Distributors industry standards of the Sustainability Accounting Standards Board (SASB) on its Investor Relations page located at investors.sprouts.com.

Corporate Profile

Sprouts is the place where goodness grows. True to its farm-stand heritage, Sprouts offers a unique grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. The healthy grocer continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. Headquartered in Phoenix, and one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, Sprouts employs approximately 31,000 team members and operates approximately 380 stores in 23 states nationwide. To learn more about Sprouts, and the good it brings communities, visit about.sprouts.com.

Source: Sprouts Farmers Market, Inc
Phoenix, AZ
5/4/22

Investor Contact:	Media Contact:
Susannah Livingston	media@sprouts.com
(602) 682-1584
susannahlivingston@sprouts.com