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 increased its overall emissions by 30% since 2019
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 in sea and coastal water transportation services, has reported Scope 1 and Scope 2 emissions for recent years. In 2024, Scope 1 emissions were approximately 1,368,810,000 kg CO2e and Scope 2 emissions were approximately 30,000 kg CO2e. For 2023, Scope 1 emissions totalled about 1,420,060,000 kg CO2e and Scope 2 emissions were approximately 40,000 kg CO2e. In 2022, Scope 1 emissions were recorded at approximately 1,265,450,000 kg CO2e, with Scope 2 emissions at about 70,000 kg CO2e.
Earlier reporting shows total emissions for 2021 at approximately 7,104,379,000 kg CO2e and for 2020 at about 6,581,455,000 kg CO2e. Scope 3 emissions data is not currently available for these years.
BW Group has established climate commitments aligned with the International Maritime Organization (IMO). 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. Furthermore, BW Group is working towards achieving net-zero emissions by 2050, with an interim goal of a 20% reduction in emissions by 2030 against a 2008 baseline.
The emissions data is cascaded from its parent organization, 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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