Avance Gas
Avance Gas, officially known as Avance Gas Holding Ltd, is a prominent player in the maritime transportation sector, specialising in the transportation of liquefied petroleum gas (LPG). Headquartered in Bermuda, the company operates primarily in key regions including the Middle East and Asia, catering to a global clientele. Founded in 2013, Avance Gas has quickly established itself as a leader in the LPG shipping industry, boasting a modern fleet of high-capacity vessels designed for efficiency and safety. The company’s core services revolve around the reliable and environmentally responsible transportation of LPG, setting it apart with its commitment to sustainability and operational excellence. Avance Gas has achieved significant milestones, including a strong market position characterised by a robust fleet and strategic partnerships, reinforcing its reputation as a trusted provider in the LPG shipping market.
DitchCarbon Score
How does Avance Gas'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 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
Avance Gas's score of 27 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Avance Gas's reported carbon emissions
In 2023, Avance Gas reported carbon emissions of approximately 476,509,000 kg CO2e, primarily from Scope 1 emissions. This represents a slight increase from 2022, where emissions were about 446,727,000 kg CO2e, which included 6,500 kg CO2e from Scope 2 and 9,850 kg CO2e from Scope 3, specifically from business travel. In 2021, the company recorded emissions of around 471,450,000 kg CO2e, while in 2020, emissions were approximately 449,043,000 kg CO2e. The data indicates a fluctuating trend in emissions over the years, with a notable decrease in 2022 compared to 2021. Despite these figures, Avance Gas has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within an industry context that increasingly prioritises sustainability and carbon footprint reduction, yet it currently lacks formal commitments to align with these trends.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 449,043,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | - | 0,000 | 000 |
| Scope 3 | - | - | 0,000 | 0,000 |
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.
Avance Gas 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.
