Blue Water Shipping

Blue Water Shipping, a sea and coastal water transportation services company headquartered in Denmark, reported approximately 975,099,000 kg CO2e in total emissions for 2023. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

Scope 1 emissions for 2023 were approximately 2,908,000 kg CO2e, with mobile combustion accounting for about 552,520 kg CO2e and stationary combustion for roughly 261,720 kg CO2e. Scope 2 emissions totalled approximately 1,314,000 kg CO2e, primarily from purchased electricity (around 1,248,300 kg CO2e). The majority of emissions, approximately 970,877,000 kg CO2e, fall under Scope 3, with upstream transportation and distribution being the most significant category at about 935,018,000 kg CO2e.

In 2022, Blue Water Shipping reported total emissions of approximately 949,839,000 kg CO2e (Scope 1: 2,519,000 kg CO2e, Scope 2: 1,267,000 kg CO2e, Scope 3: 946,021,000 kg CO2e). For 2021, total emissions were approximately 868,071,000 kg CO2e (Scope 1: 2,385,000 kg CO2e, Scope 2: 1,237,000 kg CO2e, Scope 3: 864,449,000 kg CO2e). In 2020, emissions were approximately 4,162,000 kg CO2e, comprising Scope 1 (268,000 kg CO2e) and Scope 2 (645,000 kg CO2e). Scope 3 data was not reported for 2020.

Blue Water Shipping has set Science Based Targets (SBTi) for emissions reduction. They commit to reducing absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 46.2% by 2031, using a 2022 base year. Additionally, they aim to reduce Scope 3 GHG emissions by 51.6% per ton kilometre within the same timeframe. These targets are classified as 1.5°C aligned, indicating they are consistent with the reductions needed to limit global warming to 1.5°C.