BW LPG Ltd

Common Name
BW LPG
Country
Singapore
Sector
Industrials
Industry
Marine Shipping
Employees
1,595
Ticker
BWLPG
Exchange
OSLO BORS
Description
BW LPG Ltd. is a leading global provider in the maritime transportation of liquified petroleum gas (LPG). As a prominent type of shipping company, BW LPG specializes in operating a large fleet of vess...

BW LPG's GHG Emissions Data Preview

In 2023, 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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind BW LPG’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore BW LPG’s data sources below and access millions more through our Disclosure Search.

a. BW LPG's Webpage captured from company’s website 2023
a. BW LPG's Webpage captured from company’s website 2023

Insights into BW LPG's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of BW LPG amounted to 1,414,020 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 2022, the total operational greenhouse gas (GHG) emissions of BW LPG increased by 11.73%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

BW LPG's Scope 1 Emissions Over Time

2021202220230400 k800 k1.2 M1.6 MtCO2e-7%+12%
  • Total Scope 1
  • Year-over-Year Change

What are BW LPG's Scope 1 emissions?

In 2023, the total Scope 1 emissions of BW LPG were 1,413,980 metric tons of CO₂ equivalent (tCO₂e). a

Has BW LPG reduced its Scope 1 emissions over time?

Since 2021, BW LPG's Scope 1 emissions have increased by 4.28%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), BW LPG's Scope 1 emissions increased by 11.74%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are BW LPG's Scope 2 emissions?

In 2023, BW LPG reported Scope 2 greenhouse gas (GHG) emissions of 40 tCO₂e using the market-based method. a

Has BW LPG reduced its Scope 2 emissions over time?

Since 2021, BW LPG's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 42.86%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), BW LPG's Scope 2 emissions (Market-Based) fell by 42.86% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does BW LPG use for Scope 2 reporting?

In 2023, BW LPG reported its Scope 2 emissions using the market-based method. a

BW LPG's Scope 2 Emissions Over Time

202120222023020406080tCO2e
  • Total Scope 2 Market-Based

Insights into BW LPG’s GHG Emissions Intensity Compared to Industry Peers

In 2023, BW LPG reported Scope 1 greenhouse gas (GHG) emissions of 1,413,980 tCO₂e and total revenues of USD 2,947 millions. This translates into an emissions intensity of 479.75 tCO₂e per millions USD. a

BW LPG's Scope 1 Emissions Intensity Compared to Peers

2005,000200,0005,000,000200,000,000Scope 1 Emissions (tCO2e)5050010,000100,0001,000,000Revenues (Millions of USD)LCTHQCSClarksonYear: 2023Scope 1: 1,014 tCO2eRevenue: $M 814Scope 1 Intensity: 1.25 tCO2e/$MLLLiaoning PortYear: 2023Scope 1: 185,894 tCO2eRevenue: $M 1,719Scope 1 Intensity: 108.12 tCO2e/$MCOSCO SHIPPING PortsYear: 2023Scope 1: 78,497 tCO2eRevenue: $M 1,454Scope 1 Intensity: 53.97 tCO2e/$MAP Moeller - MaerskYear: 2024Scope 1: 33,939,000 tCO2eRevenue: $M 353,848Scope 1 Intensity: 95.91 tCO2e/$MCCChina Merchants Port GroupYear: 2023Scope 1: 103,361 tCO2eRevenue: $M 2,216Scope 1 Intensity: 46.64 tCO2e/$MWallenius WilhelmsenYear: 2023Scope 1: 4,125,161 tCO2eRevenue: $M 5,149Scope 1 Intensity: 801.16 tCO2e/$MTTTangshan Port GroupYear: 2023Scope 1: 72,397 tCO2eRevenue: $M 822Scope 1 Intensity: 88.04 tCO2e/$MHutchison Port Holdings TrustYear: 2023Scope 1: 252,151 tCO2eRevenue: $M 169Scope 1 Intensity: 1,494.08 tCO2e/$MHafniaYear: 2024Scope 1: 2,200,393 tCO2eRevenue: $M 29,201Scope 1 Intensity: 75.35 tCO2e/$MBahriYear: 2023Scope 1: 2,794 tCO2eRevenue: $M 2,341Scope 1 Intensity: 1.19 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MQQQingdao Port InternationalYear: 2024Scope 1: 134,823 tCO2eRevenue: $M 2,595Scope 1 Intensity: 51.95 tCO2e/$MCCChina Merchants Port HoldingsYear: 2024Scope 1: 63,676 tCO2eRevenue: $M 1,525Scope 1 Intensity: 41.76 tCO2e/$MViking Line AbpYear: 2024Scope 1: 252,448 tCO2eRevenue: $M 500Scope 1 Intensity: 504.99 tCO2e/$MMatsonYear: 2023Scope 1: 1,101,300 tCO2eRevenue: $M 3,095Scope 1 Intensity: 355.88 tCO2e/$MSSSITC International HoldingsYear: 2024Scope 1: 1,701,433 tCO2eRevenue: $M 23,907Scope 1 Intensity: 71.17 tCO2e/$MWan Hai LinesYear: 2024Scope 1: 4,471,249 tCO2eRevenue: $M 4,939Scope 1 Intensity: 905.30 tCO2e/$MTallink GruppYear: 2024Scope 1: 422,115 tCO2eRevenue: $M 818Scope 1 Intensity: 516.20 tCO2e/$MLog-in Logistica IntermodalYear: 2022Scope 1: 142,985 tCO2eRevenue: $M 391Scope 1 Intensity: 365.55 tCO2e/$MAPSEZYear: 2025Scope 1: 150,398 tCO2eRevenue: $M 3,567Scope 1 Intensity: 42.17 tCO2e/$MMISCYear: 2024Scope 1: 3,800,082 tCO2eRevenue: $M 2,960Scope 1 Intensity: 1,283.63 tCO2e/$MKirbyYear: 2023Scope 1: 770,400 tCO2eRevenue: $M 3,092Scope 1 Intensity: 249.19 tCO2e/$MKawasaki Kisen KaishaYear: 2023Scope 1: 6,550,995 tCO2eRevenue: $M 7,077Scope 1 Intensity: 925.73 tCO2e/$MTranscoal PacificYear: 2023Scope 1: 2,323,331 tCO2eRevenue: $M 118Scope 1 Intensity: 19,630.64 tCO2e/$MCOSCO Shipping HoldingsYear: 2024Scope 1: 21,964,626 tCO2eRevenue: $M 32,044Scope 1 Intensity: 685.46 tCO2e/$MBW LPGYear: 2023Scope 1: 1,413,980 tCO2eRevenue: $M 2,947Scope 1 Intensity: 479.75 tCO2e/$M

How does BW LPG's GHG emissions intensity compare to its peers?

In 2023, BW LPG reported a Scope 1 emissions intensity of 479.75 tCO₂e per millions USD. Compared to the peer group median of 108.12 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does BW LPG rank on GHG emissions intensity within its industry?

In 2023, BW LPG ranked 17 out of 25 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

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