Babcock & Wilcox Enterprises, Inc., commonly referred to as B&W, is a leading provider of energy and environmental technologies headquartered in the United States. Founded in 1867, the company has established a strong presence in key operational regions, including North America and various international markets. Specialising in advanced steam generation systems, emissions control technologies, and renewable energy solutions, B&W is renowned for its innovative approach to sustainable energy. The company’s core products, such as its high-efficiency boilers and waste-to-energy systems, set it apart in the competitive energy sector. With a rich history marked by significant milestones, Babcock & Wilcox has solidified its market position through notable achievements, including its commitment to reducing carbon emissions and enhancing energy efficiency.
How does Babcock & Wilcox's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Babcock & Wilcox's score of 48 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Babcock & Wilcox (BW), headquartered in the US, has set ambitious climate commitments, aiming for net-zero emissions by 2030. The company has pledged to reduce its total greenhouse gas emissions across all scopes (1, 2, and 3) by 100% from a 2020 baseline. This target has been validated through the Science Based Targets initiative (SBTi) and is aligned with the 1.5°C climate goal. While specific emissions data for the most recent year is not available, BW's commitment encompasses all operational emissions, indicating a comprehensive approach to tackling climate change. The targets are particularly significant for a small to medium-sized enterprise (SME) in the construction and engineering sector, reflecting a proactive stance in reducing carbon footprints. BW's strategy includes a focus on both direct emissions (Scope 1) and indirect emissions from energy consumption (Scope 2), as well as value chain emissions (Scope 3). The company’s commitment to achieving net-zero by 2030 positions it as a leader in sustainability within its industry, demonstrating a clear roadmap for reducing its environmental impact.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Babcock & Wilcox is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.