In 2024, BW LPG completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, BW LPG has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 1,368,810a | 1,420,060a | 1,265,450a | |
Total Scope 2 | ||||
Market-Based | N/A | 40b | 70b | |
Location-Based | 30a | 40a | 70a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 384.0929a | 481.8107a | 812.1626a |
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In 2024, the total operational greenhouse gas (GHG) emissions of BW LPG amounted to 1,368,840 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of BW LPG decreased by 3.61%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of BW LPG were 1,368,810 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, BW LPG's Scope 1 emissions have remained relatively, stable, indicating that BW LPG's emissions have plateaued with no significant change in its operational footprint.ab
Compared to the previous year (2023), BW LPG's Scope 1 emissions decreased by 3.61%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, BW LPG reported Scope 2 greenhouse gas (GHG) emissions of 30 tCO₂e using the location-based method.a
Compared to the previous year (2023), BW LPG's Scope 2 emissions (Location-Based) fell by 25% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, BW LPG reported its Scope 2 emissions using the location-based method.a
In 2024, BW LPG reported Scope 1 greenhouse gas (GHG) emissions of 1,368,810 tCO₂e and total revenues of USD 3,564 millions. This translates into an emissions intensity of 384.09 tCO₂e per millions USD.a
In 2024, BW LPG reported a Scope 1 emissions intensity of 384.09 tCO₂e per millions USD. Compared to the peer group median of 407.79, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, BW LPG ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
BW LPG is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a