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.

Download our Sustainability Report

Environmental Performance Dashboard

Sustainability Priority	Emissions to Air	Energy Management	Ship Recycling	Spills to Sea
UNSDG Goal
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 Engagement	Health and Safety	Employee Relations	Diversity and Inclusion
UNSDG Goal
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 Priority	Governance and Compliance	Operational Excellence and Effective Management	Anti-Bribery and Anti-Corruption	Economic Performance and Benefits
UNSDG Goal
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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Performance Metrics

We present data on our company, business activities and operations, grouped by Environmental, Social and Governance topics.

Framework Reporting

Steering our vessels and company with a long-term view of the business. Providing data in alignment with GRI and SASB reporting frameworks.

Policies and Guidelines

Communicating our standards for business conduct clearly and transparently through policies and guidelines.