Targets and Performance

Tables and charts our seafarers require to plan the safe delivery of cleaner energy to world markets

Responsible and transparent business practices

Which uphold our Vision, Purpose and Core Values and contribute to the UN Sustainable Development Goals.


Environmental Performance Dashboard

Sustainability PriorityEmissions to AirEnergy ManagementShip RecyclingSpills to Sea
UNSDG GoalUNSDG Goal 13 Climate ActionUNSDG Goal 7 Affordable and Clean EnergyUNSDG Goal 13 Climate ActionUNSDG Goal 15 Life on LandUNSDG Goal 14 Life Under WaterUNSDG Goal 15 Life on Land
2020
TARGETS
• Retrofit four vessels with LPG dual-fuel propulsion engines and prepare to retrofit another eight in 2021• Zero delay in planned drydockings to optimise vessel performance
• Actual fuel efficiency ≤ forecasted fleet performance
• Zero non-compliance with Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships• Zero spills to sea
• Zero non-compliance with IMO Ballast Water Management Convention
• Zero non-compliance with MARPOL Annex I (oil) and IV (sewage) regulations
• Zero non-compliance with BW LPG Waste Management Policy
2020
PROGRESS
• Successfully retrofitted four vessels with LPG
dual-fuel propulsion
engines
• Zero delay in planned drydockings
• Actual fuel efficiency within forecasted fleet performance
• No vessel was recycled in 2020• Zero spills to sea
• Zero non-compliance with IMO Ballast Water Management Convention
• Zero non-compliance with MARPOL Annex I (oil) and IV (sewage) regulations
• Zero non-compliance with BW LPG Waste Management Policy
2021
TARGETS
• Retrofit eight vessels with LPG dual-fuel propulsion engines
• Prepare to retrofit another three vessels
in 2022
• All Ship Energy Efficiency Management Plan (SEEMP) to be updated according to new requirements
• Upgrading of LED lights onboard vessels
• All vessels to have available onboard voyage optimisation tools and programs
• Actual fuel efficiency within 5% band of benchmark
• Zero non-compliance with Hong Kong International Convention for Safe and Environmentally Sound Recycling of Ships• Zero spills to sea
• Zero non- compliance with IMO Ballast Water Management Convention
• Zero non- compliance with MARPOL Annex I (oil) and IV (sewage) regulations
• Zero non-compliance with BW LPG Waste Management Policy

Social Performance Dashboard

Sustainability
Priority
Community EngagementHealth and SafetyEmployee RelationsDiversity and Inclusion
UNSDG GoalUNSDG Goal 3 Good Health and Well BeingUNSDG Goal 7 Affordable and Clean EnergyUNSDG Goal 3 Good Health and Well BeingUNSDG Goal 8 Decent work and economic growthUNSDG Goal 3 Good Health and Well BeingUNSDG Goal 8 Decent work and economic growthUNSDG Goal 8 Decent work and economic growth
2020
TARGETS
• Continue to participate in WLPGA initiatives
• Explore partnership
opportunities to bring LPG to communities
• 0 fatalities at sea and onshore while at work
• Lost Time Injury Rate (LTIR) ≤ 0.5
• Total Recordable Case Frequency ≤ 1.5
• Launch Visible Leadership Program to strengthen safety culture
• Develop Behavior based safety system and onboard training programs
• Implementation of revised Risk Assessment process
• ≤ 10% attrition rate
• Continue promoting from within
• Conduct Pulse Survey
• Conduct > 3 employee engagement events
• Launch training programs
• Participate in ≥ 1 university event
• Continued reinforcement of Vision and Values
• All new hires to attend a Vision and Values workshop within their first year
• ≤ 3 days to respond to discrimination complaints/ concerns raised
2020
PROGRESS
• Increased access to
LPG by commissioning of terminal in India and increasing number of vessels carrying LPG into India
• Sponsored 1600 LPG cylinders to low income families in Singapore
• 0 fatalities at sea and onshore while at work
• Lost Time Injury Rate (LTIR) - 0.14
• Total Recordable Case Frequency (TRCF) - 0.86
• All trainings and programs completed
• Behavior based Safety System developed
• Revised Risk Assessment process implemented
• Undesired attrition rate at 4%
• 13 internal promotions
• Successfully completed Pulse Survey with largely satisfactory ratings
• Conducted 19 employee engagement events
• Cancellation of university event due to COVID-19 restrictions
• Continued reinforcement of Vision and Values with employees through engagement events
• Cancellation of Vision and Values workshop due to COVID-19 restrictions; however all new hires were provided with one-to-one induction training
• Zero discrimination complaints / concerns raise
2021
TARGETS
• ≥ One community contribution in communities we operate in
• Explore partnership opportunities to increase access to LPG in communities
• ≥ Increase number of vessels carrying LPG cargo into India
• Zero fatalities at sea and onshore while at
work
• Lost Time Injury Rate (LTIR) ≤ 0.5
• Total Recordable Case Frequency ≤ 1.5
• Implement Zero Harm Safety Behavior Observation System
• Training campaign on process safety for activities onboard
• ≤ 10% attrition rate
• Implementation of training programs
• ≥ 70% satisfactory result on employee pulse survey on employee engagements
• ≥ 70% satisfactory result on employee pulse survey on
diversity and inclusion
• Maintain at least two female members on the Board of Directors
• Maintain broad diversity of nationalities and age with ±10% variance in gender
• ≤ 3 days to respond to discrimination complaints / concerns raised

Governance Performance Dashboard

Sustainability PriorityGovernance and ComplianceOperational Excellence and Effective ManagementAnti-Bribery and Anti-CorruptionEconomic Performance and Benefits
UNSDG GoalUNSDG Goal 16 Peace Justice and Strong InstitutionsUNSDG Goal 16 Peace Justice and Strong InstitutionsUNSDG Goal 16 Peace Justice and Strong InstitutionsUNSDG Goal 8 Decent work and economic growth
2020
TARGETS
• Zero non-compliance with laws and regulations• Zero detentions and ≤ 2 observations in port state control inspections
• Increase collaboration with industry bodies
• Maintain ISO certifications
• Unplanned off-hire < 2% of total calendar days
• On-time and on budget project execution
• Zero facilitation payments
• Zero non-compliance with UK Bribery Act 2020
• Global communication to commemorate UN Anti-Corruption Day
• Continue membership in MACN for commitment to Anti-Bribery and Anti-Corruption
• Commercial utilisation ≥ 95% of commercially
available days
• Outperform peers in TCE, OPEX and ROE
2020
PROGRESS
• Zero non-compliance with laws and regulations• Zero detentions and 0.27 observations in port state control inspections
• Maintained ISO certification
• Unplanned off-hire at 0.47% of calendar days
• All projects executed on-time and on budget
• Zero facilitation payments
• Zero non-compliance with UK Bribery Act 2020
• Launch of e-survey to commemorate UN Anti-Corruption Day
• Continued membership in MACN for commitment to Anti-Bribery and Anti-Corruption
• Commercial utilisation at 98% of commercially available days
• Outperformed peers in TCE, OPEX and ROE
2021
TARGETS
• Zero non-compliance with laws and regulations
• 100% suppliers sign on to BW LPG’s Code of Supplier Conduct
• Audit suppliers contributing to ≥ 80% of procurement spending
• Zero detentions and ≤ 2 observations in port state control inspections
• Increase collaboration with industry bodies
• Maintain ISO certifications
• Unplanned off-hire < 2% of total calendar days
• On-time and on budget project execution
• Zero facilitation payments
• Zero non-compliance with UK Bribery Act 2020
• Conduct Anti-Corruption and Anti-Bribery training for all seafarers and onshore staff
• Continue membership in MACN for commitment to Anti-Bribery and Anti-Corruption
• Commercial utilisation ≥ 95% of commercially available days
• Outperform peers in TCE, OPEX and ROE
• Continuous improvement in ESG efforts

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