BW Group
BW Group, headquartered in BM, is a leading player in the maritime and shipping industry, renowned for its innovative solutions in the transportation and storage of liquefied gases. Founded in 2003, the company has established a strong presence in key operational regions, including Asia, Europe, and the Americas. Specialising in the ownership and operation of a diverse fleet, BW Group offers unique services in gas shipping, floating storage, and regasification. The company is distinguished by its commitment to sustainability and safety, positioning itself as a trusted partner in the energy sector. With a robust market position, BW Group has achieved significant milestones, including expanding its fleet and enhancing operational efficiency, solidifying its reputation as a leader in the global maritime landscape.
DitchCarbon Score
How does BW Group'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.
Industry Average
Mean score of companies in the Maritime Transport 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.
Industry Benchmark
BW Group's score of 13 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BW Group's reported carbon emissions
In 2023, BW Group reported total carbon emissions of approximately 1,726,600,000 kg CO2e, comprising 1,710,387,000 kg CO2e from Scope 1 and 156,563,000 kg CO2e from Scope 2 emissions. This marks a slight decrease from 2022, where total emissions were about 1,697,281,000 kg CO2e, with Scope 1 emissions at 1,769,321,000 kg CO2e and Scope 2 at 169,358,000 kg CO2e. In 2021, the company recorded total emissions of approximately 7,104,379,000 kg CO2e, with Scope 1 emissions of 1,851,270,000 kg CO2e and Scope 2 emissions of 314,859,000 kg CO2e. The emissions for 2020 were about 6,581,455,000 kg CO2e, indicating a trend of increasing emissions prior to 2022. Despite these figures, BW Group has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or SBTi (Science Based Targets initiative) reduction targets suggests that while the company is tracking emissions, it may not have formal commitments in place to significantly reduce its carbon impact in the near future. Overall, BW Group's emissions data reflects a complex landscape of carbon management, with a need for clearer commitments to sustainability and emissions reduction strategies moving forward.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,851,270,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 314,859,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
BW Group is not committed to any reduction initiatives 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.
