Blue Water Shipping

Blue Water Shipping, headquartered in Denmark and operating in sea and coastal water transportation services, reported total carbon emissions of approximately 975,099,000 kg CO2e in 2023. This total comprises Scope 1 emissions of around 2,908,000 kg CO2e, Scope 2 emissions of approximately 1,314,000 kg CO2e, and substantial Scope 3 emissions of about 970,877,000 kg CO2e. Key contributors to their Scope 3 emissions include upstream transportation and distribution, accounting for approximately 935,018,000 kg CO2e.

Looking back, in 2022, Blue Water Shipping's Scope 1 emissions were approximately 2,519,000 kg CO2e, Scope 2 emissions were around 1,267,000 kg CO2e, and Scope 3 emissions were approximately 946,021,000 kg CO2e. In 2021, their Scope 1 emissions were about 2,385,000 kg CO2e, Scope 2 emissions were around 1,237,000 kg CO2e, and Scope 3 emissions were approximately 864,449,000 kg CO2e. For 2020, Blue Water Shipping reported total emissions of roughly 4,162,000 kg CO2e, with Scope 1 emissions at approximately 268,000 kg CO2e and Scope 2 emissions at about 645,000 kg CO2e.

Blue Water Shipping has set ambitious Science Based Targets initiative (SBTi) commitments. They aim to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2031 from a 2022 base year. Additionally, they are committed to reducing Scope 3 GHG emissions by 51.6% per ton kilometre within the same timeframe (by 2031 from a 2022 base year). These near-term targets for Scope 1 and 2 emissions are consistent with reductions required to limit global warming to 1.5°C.