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 contributing approximately 332,000,000 kg CO2e. This marks a significant reduction from 2023, where total emissions were approximately 929,800,000 kg CO2e, with Scope 2 emissions at about 20,400,000 kg CO2e and Scope 3 emissions at around 900,000,000 kg CO2e. In 2022, the company recorded total emissions of about 1,411,300,000 kg CO2e, with Scope 2 emissions at approximately 300,000 kg CO2e and Scope 3 emissions at about 1,411,000,000 kg CO2e. The trend indicates a substantial decrease in emissions over the years, particularly in Scope 3 emissions, which are often the largest contributor in the oil and gas sector. BW Offshore has set reduction targets, achieving a 14% decrease in total GHG emissions in absolute terms from 2019 to 2020, based on their performance metrics. This commitment reflects their ongoing efforts to enhance sustainability and reduce their carbon footprint. The company does not currently report Scope 1 emissions data, and their climate commitments are not linked to any SBTi targets. However, they are actively engaged in initiatives to improve their emissions reporting and reduction strategies.
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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.
