Spotlight: Decarbonisation Roadmap
By 2030, we will not have any newbuilding that cannot achieve net-zero emissions during its lifetime.
Energy powers our world and our energy choices can protect our environment
Liquefied petroleum gas or LPG is a cleaner-burning fuel with plenty of uses.
When used for cooking, LPG provides smoke-free indoor cooking and reduces outdoor and urban air pollution.
When used for industrial purposes, LPG produces less carbon dioxide than coal, heating oil or petrol, and emits negligible black carbon.
In fact, LPG makes so much sense for the environment, we’ve pioneered the technology needed to power our vessels with LPG.
What does this mean? This means that we are protecting our environment by delivering cleaner energy to world markets, one voyage at a time.
Global action on climate change must
continue its momentum
LPG as a sustainable
source of energy
LPG is a portable, clean, efficient, and readily available energy source. LPG is primarily obtained from natural gas and oil production but is also increasingly produced from renewable sources. It directly saves lives when it substitutes wood, charcoal, and other harmful fuel sources.
Its unique properties make it a versatile energy source which can be used in over a thousand applications in our homes and in many industries such as manufacturing, chemicals, as well as agriculture.
Our Environmental Priorities
| Our Sustainability Priorities | What this means | What we want to achieve | Alignment with UNSDGs | Stakeholder Impacted |
|---|---|---|---|---|
| Emissions and Energy | The world needs a rapid transition to lower-carbon energy to meet the goals of the International Maritime Organisation (IMO) and the Paris Agreement. | Reduce direct and indirect GHG emissions from our operations, and support the global shift to cleaner energy. |    | Crew Employees Customers Suppliers Lenders Government and Regulators |
| Biodiversity and Waste Management | Respect the environment in which we operate, and the communities who depend on this environment for resources and livelihoods. | Ensure Zero Harm to people and the environment which includes no net loss to biodiversity when undertaking new projects in sensitive areas. |   | Crew Employees Customers Suppliers Lenders Government and Regulators |
Oversight and Management
Senior Management at BW LPG has oversight of environmental management and is committed to upholding our Environmental Policies. The environmental impact of BW LPG is assessed by comparing operational success with key performance parameters. Every quarter, the Board of Directors evaluates our environmental performance, including climate-related risks. The Heads of Technical and Operations departments lead and execute initiatives, reviewing fleet performance weekly where concerns are addressed and escalated to the Board when required.
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Social
Providing a conducive working environment, respecting employees and crew, uplifting communities with cleaner-burning energy.
Governance
Conducting our business with integrity and in compliance with relevant laws, and asking for the same standards from our business partners.
Targets and Performance
Committing ourselves to the transparent sharing of information on key ESG metrices so as to monitor our performance.
