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BW Group, headquartered in BM, is a leading player in the sea and coastal water transportation services industry. Founded in 2003, the company has established a strong presence in key operational regions, including Europe, Asia, and the Americas. Specialising in the transportation of liquefied natural gas (LNG), crude oil, and other petroleum products, BW Group is recognised for its commitment to safety and environmental sustainability.
With a diverse fleet of modern vessels, BW Group stands out for its innovative approach to maritime logistics and its ability to adapt to changing market demands. The company has achieved significant milestones, including expanding its fleet and enhancing operational efficiency, solidifying its position as a trusted partner in the global shipping industry. Through its dedication to excellence, BW Group continues to set benchmarks in maritime transportation.
+9 vs industry average
BW Group’s score of 17 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Maritime Transport is among the most carbon-intensive industries
The Maritime Transport industry has reduced its overall emissions by 28% since 2018
Scope 3 accounts for ••• of total emissions.
BW Group, headquartered in BM and operating in sea and coastal water transportation services, has disclosed its carbon emissions for recent years. For the reporting year 2024, BW Group reported Scope 1 emissions of approximately 1,368,810,000 kg CO2e and Scope 2 emissions of about 30,000 kg CO2e. In 2023, Scope 1 emissions were approximately 1,420,060,000 kg CO2e, with Scope 2 emissions at about 40,000 kg CO2e. The preceding year, 2022, saw Scope 1 emissions of approximately 1,265,450,000 kg CO2e and Scope 2 emissions of around 70,000 kg CO2e.
BW Group is committed to aligning with the International Maritime Organization's (IMO) environmental goals. These include achieving a 40% reduction in carbon intensity by 2030 and a 50% reduction in total annual greenhouse gas (GHG) emissions by 2050, both compared to 2008 levels. The company is also working towards a 20% reduction in emissions by 2030 (baseline 2008), with an ultimate target of net zero by 2050.
Please note that Scope 3 emissions data is not yet disclosed.
BW Group's emissions data is cascaded from its parent organisation, Bw Group Limited.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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No scope 3 category breakdown has been disclosed yet.
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