Bw Offshore
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 68% 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 contributing 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 past few 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, which included both Scope 1 and Scope 2 emissions. This reduction reflects the company's ongoing efforts to enhance sustainability practices within its operations. The company has disclosed emissions data primarily for Scope 2 and Scope 3, with no reported Scope 1 emissions data for 2024. The GHG emissions intensity for Scope 3 in 2023 was approximately 0.547 kg CO2e per USD of revenue, indicating a focus on improving efficiency and reducing emissions associated with its supply chain and operational activities. BW Offshore's climate commitments are further supported by its participation in initiatives such as the CDP, although specific Science-Based Targets (SBTi) have not been established. The company continues to prioritise sustainability as part of its operational strategy, aiming for further reductions in its carbon footprint in the coming years.
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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 |
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 Offshore is not participating in any of the initiatives that 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.
