Sustainability

Sustainability

We aspire towards a Better World by delivering a cleaner source of energy to drive the world’s energy transition

Towards a Better World

 

At BW LPG, sustainability is about working with a long-term perspective in mind - collaborating with stakeholders to reduce and mitigate operational impacts on the environment, and contributing positively to the communities we serve. 

Energy is a key enabler of progress and prosperity, especially where we can deliver it in a clean and responsible fashion. LPG represents a cleaner fuel that will enable us to address the energy needs of the world while reducing the effects of particulate matter and greenhouse gases.

As the world's largest owner and operator of VLGCs, and being affiliated with BW Group, we have the responsibility and the ability to influence at scale. As we continue to pursue good shareholder returns to ensure the sustainability of our business, we will also take action to ensure the sustainability of the planet.

SUSTAINABILITY AT BW LPG

We align our ESG targets with the United Nations' Sustainable Development Goals and report on our impacts in accordance with the Global Reporting Initiative (GRI) standards.

Environment

Reducing our environmental impact though innovation and new technologies
7 and 14 and 15
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Social

Leading and supporting
initiatives to enhance
people’s lives
3 and 5 and 8
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Governance

Upholding responsible and transparent business practices to create sustainable economic value
13 and 16
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ANNUAL REPORTS

Since 2017, we have structured our Sustainability reporting within our Annual Reports in alignment with the United Nations Sustainability Development Goals, and made reference to the Global Reporting Initiative (GRI) Reporting Standards. Read our latest Reports below.

2019
Annual Report
Annual Report

The LPG shipping market turned positive after several years of poor earnings. The year started on a weak footing, but saw an improvement in the second quarter.

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2018
Annual Report
Annual Report

We continued to maintain an even keel in another challenging year. Against the backdrop of volatile oil and shipping markets, we remain committed to delivering long-term value for our shareholders.

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