BW Group Sustainability Profile
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 26 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BW Group's reported carbon emissions
In 2024, BW Group reported carbon emissions of approximately 1,368,810,000 kg CO2e for Scope 1 and about 30,000 kg CO2e for Scope 2. This marks a decrease from 2023, where emissions were approximately 1,420,060,000 kg CO2e for Scope 1 and about 40,000 kg CO2e for Scope 2. The company has not disclosed any Scope 3 emissions data. BW Group is committed to significant carbon reduction targets aligned with the International Maritime Organization (IMO). The company aims for a 20% reduction in emissions by 2030, based on 2008 levels, with a long-term goal of achieving a 50% reduction in total annual greenhouse gas emissions by 2050. These targets are part of their broader environmental strategy, which includes a commitment to net-zero emissions by 2050. The emissions data is cascaded from BW Group Limited, reflecting their current subsidiary status. The company continues to focus on improving operational efficiency and reducing its carbon footprint in line with industry standards.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,265,450,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 70,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is BW Group's Industry?
How Carbon Intensive is BW Group's Location?
BW Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
BW Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
