BW Group
BW Group, headquartered in BM, is a leading player in the maritime and shipping industry, renowned for its innovative solutions in the transportation and storage of liquefied gases. Founded in 2003, the company has established a strong presence in key operational regions, including Asia, Europe, and the Americas. Specialising in the ownership and operation of a diverse fleet, BW Group offers unique services in gas shipping, floating storage, and regasification. The company is distinguished by its commitment to sustainability and safety, positioning itself as a trusted partner in the energy sector. With a robust market position, BW Group has achieved significant milestones, including expanding its fleet and enhancing operational efficiency, solidifying its reputation as a leader in the global maritime landscape.
DitchCarbon Score
How does BW Group'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 Maritime Transport 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 Group's score of 8 is lower than 71% 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 Group's reported carbon emissions
In 2023, BW Group reported total carbon emissions of approximately 1,710,387,000 kg CO2e. This marks a decrease from 2022, when emissions were about 1,769,321,000 kg CO2e. The company has set ambitious climate commitments aligned with the International Maritime Organization (IMO) goals, aiming for a 40% reduction in carbon intensity by 2030 and a 50% reduction in total annual greenhouse gas (GHG) emissions by 2050, both compared to 2008 levels. BW Group's emissions data does not specify Scope 1, 2, or 3 emissions, and there is no detailed breakdown available. However, the company is actively working towards these reduction targets, which reflect a commitment to sustainability within the maritime industry. The reduction initiatives are part of a broader strategy to achieve net-zero emissions by 2050, with interim targets set for 2030. Overall, BW Group's efforts demonstrate a proactive approach to addressing climate change and reducing their carbon footprint in the shipping sector.
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 Group 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.
