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 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Maritime Transport is among the most carbon-intensive industries
Industry performance
The Maritime Transport industry has reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
BW Group's reported carbon emissions
BW Group, headquartered in BM and operating within the sea and coastal water transportation services industry, is committed to reducing its carbon footprint. For the year 2024, the company reported Scope 1 emissions of approximately 1,368,810,000 kg CO2e and Scope 2 emissions of about 30,000 kg CO2e. In 2023, BW Group's Scope 1 emissions were approximately 1,420,060,000 kg CO2e, with Scope 2 emissions at around 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 about 70,000 kg CO2e.
BW Group's climate commitments are aligned with the International Maritime Organization's (IMO) environmental goals. The company aims for 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. Further targets include a 20% reduction in emissions by 2030, also based on a 2008 baseline, with an ultimate aspiration for net zero emissions by 2050.
The emissions data for BW Group is cascaded from its parent organisation, Bw Group Limited.
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BW Group’s Climate Goals (2030 & 2050)
4 goals2050
50% reduction in Scope 1
We are on track to meet the International Maritime Organization (IMO)’s environmental goal of a 40% reduction in carbon intensity by 2030 an…
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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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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BW Group
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