Bw Offshore Sustainability Profile
Bw Offshore, headquartered in Norway, is a leading player in the offshore oil and gas industry, specialising in floating production storage and offloading (FPSO) units. Founded in 2003, the company has established a strong presence in key operational regions, including Brazil, West Africa, and the North Sea. With a focus on innovative solutions, Bw Offshore offers a range of services, including the design, construction, and operation of FPSOs, which are renowned for their efficiency and reliability. The company has achieved significant milestones, positioning itself as a trusted partner in the energy sector. Recognised for its commitment to sustainability and operational excellence, Bw Offshore continues to enhance its market position through strategic partnerships and a robust portfolio of projects, making it a prominent name in the offshore energy landscape.
DitchCarbon Score
How does Bw Offshore'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 Gas/Diesel Oil 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 Offshore's score of 32 is higher than 66% 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 Offshore's reported carbon emissions
In 2024, BW Offshore reported total carbon emissions of approximately 334,300,000 kg CO2e, with Scope 2 emissions accounting for about 1,600,000 kg CO2e and Scope 3 emissions comprising approximately 332,000,000 kg CO2e. This marks a significant reduction from 2023, where total emissions were about 929,800,000 kg CO2e, with Scope 2 emissions at approximately 20,400,000 kg CO2e and Scope 3 emissions at around 900,000,000 kg CO2e. Over the years, BW Offshore has demonstrated a commitment to reducing its greenhouse gas emissions. Notably, in 2020, the company achieved a 14% reduction in total GHG emissions compared to 2019 levels, specifically targeting both Scope 1 and Scope 2 emissions. This reduction reflects their ongoing efforts to enhance sustainability practices within their operations. The company has disclosed emissions data primarily for Scope 2 and Scope 3, with no reported Scope 1 emissions data for the most recent years. The GHG emissions intensity for Scope 3 in 2024 was reported at 0.547 kg CO2e per USD of revenue, indicating a focus on improving efficiency relative to their financial performance. BW Offshore's emissions data is sourced directly from BW Offshore Limited, with no cascaded data from parent or related organizations. The company continues to align its operations with industry standards for climate accountability and transparency.
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| 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | 00,000,000 | - | - | - |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 19,465,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Bw Offshore's Industry?
How Carbon Intensive is Bw Offshore's Location?
Bw Offshore'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 Offshore 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.
