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 24 is higher than 56% 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 reported total carbon emissions of approximately 918,000,000 kg CO2e, comprising 9,400,000 kg CO2e from Scope 1, 20,400,000 kg CO2e from Scope 2, and a significant 900,000,000 kg CO2e from Scope 3 emissions. This represents a notable increase in emissions compared to 2022, where total emissions were about 1,411,000,000 kg CO2e, with Scope 1 at 11,600,000 kg CO2e, Scope 2 at 300,000 kg CO2e, and Scope 3 at 1,411,000,000 kg CO2e. Bw Offshore has made strides in reducing its emissions, achieving a 14% decrease in total GHG emissions in 2020 compared to 2019 levels, specifically in both Scope 1 and Scope 2 emissions. This commitment to reducing carbon footprints aligns with industry standards and reflects a proactive approach to climate change. The company continues to focus on its climate commitments, although specific future reduction targets have not been disclosed. The GHG emissions intensity for Scope 3 in 2023 was reported at 1.981 kg CO2e per USD of revenue, indicating ongoing efforts to manage emissions relative to financial performance.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 16,600,000 | - | 00,000,000 | 0,000,000 |
| Scope 2 | 300,000 | 000,000 | 000,000 | 00,000,000 |
| Scope 3 | 1,421,000,000 | 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.
