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 30 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 2023, BW Offshore, headquartered in Norway, reported total carbon emissions of approximately 9400000 kg CO2e for Scope 1, 20400000 kg CO2e for Scope 2, and a significant 900000000 kg CO2e for Scope 3 emissions. This represents a notable increase in Scope 1 emissions compared to 2022, where they were about 11600000 kg CO2e, while Scope 2 emissions decreased from 300000 kg CO2e in 2022. The Scope 3 emissions also saw a reduction from 1411000000 kg CO2e in 2022. BW Offshore has demonstrated a commitment to reducing its greenhouse gas emissions, achieving a 14% reduction in both Scope 1 and Scope 2 emissions from 2019 to 2020. This reduction reflects their ongoing efforts to enhance sustainability practices within their operations. The company has not publicly disclosed specific science-based targets (SBTi) but continues to report emissions data transparently, indicating a proactive approach to climate accountability. As part of their climate strategy, BW Offshore is focused on improving emissions intensity, with a reported GHG emissions intensity of approximately 1.981 kg CO2e per USD of revenue in 2023. Overall, BW Offshore's emissions data and reduction initiatives highlight their commitment to addressing climate change while navigating the complexities of the offshore energy sector.
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| 2018 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | - | 00,000,000 | 0,000,000 |
| Scope 2 | - | 000,000 | 000,000 | 000,000 | 00,000,000 |
| Scope 3 | 19,465,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 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.
