BW Group

BW Group, headquartered in BM and operating in sea and coastal water transportation services, reported Scope 1 emissions of 1,368,810,000 kg CO2e and Scope 2 emissions of 30,000 kg CO2e in 2024. This follows 2023 emissions of 1,420,060,000 kg CO2e for Scope 1 and 40,000 kg CO2e for Scope 2. In 2022, the company's Scope 1 emissions were 1,265,450,000 kg CO2e, with Scope 2 emissions at 70,000 kg CO2e. For 2021, BW Group's total reported emissions were approximately 7.1 billion kg CO2e, and in 2020, they were approximately 6.6 billion kg CO2e. Scope 3 emissions data is currently not available for any reported year.

BW Group's climate commitments are aligned with the International Maritime Organization (IMO)'s GHG reduction strategy. The company aims for a 40% reduction in carbon intensity by 2030 and a 50% reduction in total annual GHG emissions by 2050, both against a 2008 baseline. Additionally, the company is working towards a 20% reduction in Scope 1 and Scope 2 emissions by 2030, compared to 2008 levels, with an ultimate target of achieving net-zero emissions by 2050. These targets are cascaded from its parent company, Bw Group Limited.