Performance Metrics

Environment

Description of MetricUnit of Measurement201920202021
Emissions - GHG Emissions
Total Scope 1 Emissions CO2 equivalent 1000 tonnes1,510.21,502.51,335.4
Owned FleetCO2 equivalent 1000 tonnes1,234.61,185.6938.5
India FleetCO2 equivalent 1000 tonnesN/AN/A89.4
TC-in FleetCO2 equivalent 1000 tonnes266.6316.9307.5
Total Scope 2 Emissions CO2 equivalent 1000 tonnes0.050.040.04
Office Emission - SingaporeCO2 equivalent 1000 tonnes0.020.010.01
Office Emission - OsloCO2 equivalent 1000 tonnes0.030.030.03
Emissions - Other Emissions
Total amount of Nitrogen Oxide (NOx) emitted1000 tonnes41.841.637.0
Owned Fleet1000 tonnes34.432.826.0
India Fleet1000 tonnesN/AN/A2.5
TC-in Fleet1000 tonnes7.48.88.5
Total amount of Sulphur Oxide (SOx) emitted1000 tonnes22.53.914
Owned Fleet1000 tonnes19.63.22.6
India Fleet1000 tonnesN/AN/A0.3
TC-in Fleet1000 tonnes2.90.71.1
Total amount of Particulate Matter (PM10) emitted1000 tonnes3.03.02.6
Owned Fleet1000 tonnes2.52.31.8
India Fleet1000 tonnesN/AN/A0.2
TC-in Fleet1000 tonnes0.50.60.6
Carbon Intensity Index
Average Energy Efficiency Design Index (EEDI)g CO₂ / (tonne ⋅ nm)N.AN.AN.A
Energy Efficiency Operation Index (EEOI)g CO₂ / (tonne ⋅ nm)17.218.117.6
Owned Fleetg CO₂ / (tonne ⋅ nm)17.418.417.9
India Fleetg CO₂ / (tonne ⋅ nm)N/AN/A20.0
TC-in Fleetg CO₂ / (tonne ⋅ nm)16.516.716.4
Annual Efficiency Ration (AER)g CO₂ / (tonne ⋅ nm)7.57.47.2
Owned Fleetg CO₂ / (tonne ⋅ nm)7.47.47.3
India Fleetg CO₂ / (tonne ⋅ nm)N/AN/A7.2
TC-in Fleetg CO₂ / (tonne ⋅ nm)7.67.26.9
Energy
Total renewable fuel consumption (Terajoules)TerajoulesN/AN/AN/A
Total non-renewable fuel consumption (Terajoules)Terajoules480.4477.7430.4
Total High Sulphur Fuel Oil (HSFO)1000 tonnes421.452.065.4
Owned Fleet1000 tonnes344.935.244.0
India Fleet1000 tonnesN/AN/AN/A
TC-in Fleet1000 tonnes76.416.821.4
Total Very Low Sulphur Fuel Oil (VLSFO)1000 tonnes26.8387.1318.7
Owned Fleet1000 tonnes23.9308.8215.2
India Fleet1000 tonnesN/AN/A33.4
TC-in Fleet1000 tonnes2.978.370.1
Total Low Sulphur Marine Gas Oil (LSMGO)1000 tonnes32.337.530.1
Owned Fleet1000 tonnes26.831.723.5
India Fleet1000 tonnesN/AN/A0.3
TC-in Fleet1000 tonnes5.55.86.3
Total Liquified Petroleum Gas (LPG)1000 tonnesN/A1.216.2
Owned Fleet1000 tonnesN/A1.216.2
India Fleet1000 tonnesN/AN/AN/A
TC-in Fleet1000 tonnesN/AN/AN/A
Percentage Heavy Fuel Oil (HFO)Percentage (%)N/AN/AN/A
Owned FleetPercentage (%)N/AN/AN/A
India FleetPercentage (%)N/AN/AN/A
TC-in FleetPercentage (%)N/AN/AN/A
Total energy consumption within the organizationTerajoules19,458.820,038.917,696.4
Total energy consumption for vesselsTerajoules19,458.320,038.517,696.1
Owned FleetTerajoules16,046.715,818.812,438.7
India FleetTerajoulesN/AN/A1,185.0
TC-in FleetTerajoules3,411.74,219.84,072.4
Total energy consumption for officeTerajoules0.430.360.35
Office Consumption - SingaporeTerajoules0.140.100.09
Office Consumption - OsloTerajoules0.290.260.26
Ship Recycling and Ecological Impacts
Number of vessels recycled Number100
Shipping duration in marine protected areas or areas of protected conservation statusNumber of travel daysN/AN/AN/A
Percentage of fleet implementing ballast water:
(1) Total ExchangePercentage (%)100100100
(2) Total TreatmentPercentage (%)40488
Owned FleetPercentage (%)283592
India FleetPercentage (%)N/AN/A14
TC-in FleetPercentage (%)100100100
Spills and releases to the environment
(1) Number ofNumber000
(2) Aggregate volume of Waste landed ashorem31,196.0966.31,241.2
Owned Fleetm31,196.0966.31,093.6
India Fleetm3N/AN/A77.3
TC-in Fleetm3N/AN/A70.4
Activity Metrics
Number of vesselsNumber434241
Owned FleetNumber353326
India FleetNumberN/AN/A7
TC-in FleetNumber898
Total distance travelled by vessels1000 Nautical Miles3,7273,4213,173
Owned Fleet1000 Nautical Miles2,8592,6642,177
India Fleet1000 Nautical MilesN/AN/A218
TC-in Fleet1000 Nautical Miles868757777
Operating daysDays15,37215,18214,322
Owned FleetDays12,81711,9649,931
India FleetDaysN/AN/A1,275
TC-in FleetDays2,5553,2183,116
Deadweight tonnage1000 Deadweight Tonnes2,4532,2922,204
Owned Fleet1000 Deadweight Tonnes2,0161,8041,367
India Fleet1000 Deadweight TonnesN/AN/A399
TC-in Fleet1000 Deadweight Tonnes437488438
Number of vessel port callsNumber1,1431,0741,019
Owned FleetNumber958861658
India FleetNumberN/AN/A173
TC-in FleetNumber185213188
Twenty-foot equivalent unit (TEU) capacityTEUN/AN/AN/A

Comments on Environment Data

Certain prior year data has been recalculated to include additional and/or missing data points

MetricsComments
Fleet
Owned FleetWholly owned and operated vessels of BW LPG during the given year
India FleetWholly owned and operated vessels of BW LPG India during the given year
Data is only presented from 2021 onwards when BW LPG India became a subsidiary in Q2 2021
TC-in FleetVessels chartered in and operated by BW LPG during the given year
Emissions
GHG Scope 1 EmissionsEmissions from the operation of our owned and operated vessels, calculated indirectly via conversion and emission factors for fuel consumption based on recommendations from IMO 3rd GHG study and US Environmental Protection Agency (EPA)
GHG Scope 2 EmissionsEmissions from purchased energy from utility provider for our office operations in Singapore and Norway
Conversion and emission factors are based on Tuas Power Plant (Singapore) carbon emission factor and Carbon Footprint Grid Electricity Emissions Factors v1.3 (Norway)
Nitrogen Oxide (NOx)Calculations, conversion and emission factors are based on recommendations from IMO 3rd GHG study
Sulphur Oxide (SOx)Calculated based on fuel oil consumption per type of fuel oil and the maximum mandatory limit of sulphur content per type of fuel oil
Calculations, conversion and emission factors are sourced from vessel performance suppliers and based on the IMO 3rd GHG study
Particulate Matter (PM10)Calculations, conversion and emission factors are based on recommendations from the IMO 3rd GHG study, US Environmental Protection Agency (EPA) and European Environment Agency air pollutant emission inventory guidebook 2019 with reference to ENTEC (2007)
Carbon Intensities
Annual Efficiency Ratio (AER)AER uses an approximation of cargo carried by utilizing the vessel’s designed deadweight capacity in place of actual cargo carried and assumes the vessel is continuously carrying cargo
AER of the fleet is calculated as the total CO2 emitted for all vessels / total Deadweight Tonnage X Distance Travelled for all vessels
Energy Efficiency Operational Index (EEOI)EEOI monitors the energy efficiency of the vessel
EEOI of the fleet is calculated as the total CO2 emitted for all vessels / total Amount of Cargo Carried X Cargo Distance Travelled for all vessels
Energy Efficiency Design Index (EEDI)Average Energy Efficiency Design Index (EEDI) for new ships is not applicable as no new vessels were added from 2019 to 2021
Energy efficiency design index for new ships is an IMO measure designed to ensure the use of more energy efficient equipment and engines. Disclosure as required under the Sustainability Accounting Standards Board (SASB) - Marine Transportation (TR-T-110a.4)
Energy
Fleet Fuel ConsumptionFuel oil consumption is monitored and measured in tonnes. It represents the consumption of all types of fuel used by the fleet - Heavy Sulphur Fuel Oil (HSFO), Very Low Sulphur Fuel Oil (VLSFO), Low Sulphur Marine Gas Oil (LSMGO) and Liquified Petroleum Gas (LPG)
Fleet Energy ConsumptionTotal energy consumption from BW LPG fleet, calculated from bunker consumption in the main engine, auxillary engine, boiler and tank conditioning in metric tonnes based on recommendations from 3rd party bunker management provider and IMO MEPC 70/18/Add.1 Annex 9
Office Energy ConsumptionTotal energy consumption from onshore offices (Singapore and Norway), calculated from electricity consumption in kwh based on universal kwh to TJ conversion factor
Percentage (%) Heavy Fuel OilDisclosure as required under the Sustainability Accounting Standards Board (SASB) - Marine Transportation (TR-MT-110a.3)
Not reported as data is not available
Ship Recycling and Ecological Impacts
Spill and ReleasesOil spills as defined in MARPOL Annex I
Waste Landed AshoreWaste generated by vessel and disposed onshore
Data for TC-in fleet and India fleet is tracked from 2021 onwards
Percentage of Fleet Implementing Ballast Water TreatmentNumber of vessels that have installed treatment / total number of vessels
Shipping Duration in Marine Protected AreasDisclosure as required under the Sustainability Accounting Standards Board (SASB) - Marine Transportation (TR-MT-160a.1)
Not reported as data is not available
Activity Metrics
Number of vesselsAs at year end
Number of operating days Vessel calendar days less number of days vessel is offhire
Number of port callsSingle instances where a vessel approaches a port for operations including but not limited to loading, discharging, ship-to-ship transfers, bunkering, dry docking and crew change

Social

Description of MetricUnit of Measurement201920202021
Health & Safety
CrewNumber of fatalities as a result of
Work-Related Injury
Number000
Lost-Time Injury (LTI)Number222
Total Recordable Case(TRC)Number8610
Number of hours worked1000 Number7,5687,0867,051.8
Rate of fatalities as a result of
Work-Related Injuries
Percentage (%)000
Lost-Time Injury Frequency (LTIF)Frequency0.250.140.28
Total Recordable Case Frequency (TRCF)Frequency0.890.861.42
EmployeesNumber of fatalities as a result of
Work-Related Injury
Number
Number of high-consequence
Work-Related Injury (excluding fatalities)
Number000
Number of recordable
Work-Related Injury
Number000
Rate of fatalities as a result of
Work-Related Injuries
Percentage (%)000
Rate of high-consequence
Work Related Injury
Percentage (%)000
Rate of recordable
Work-Related Injury
Percentage (%)000
Accident & Safety Management
Marine Casualties(1) Number of marine casualtiesNumber222
(2) Percentage classified as very seriousPercentage (%)000
Number of Port State Control(1) DeficienciesNumber0.320.240.12
(2) DetentionsNumber000
Number of Conditions of Class or RecommendationsNumber015
Training
CrewTotal Training hoursNumberN/AN/A12,872.1
Average training hoursNumberN/AN/A6.1
EmployeesTotal Training hoursNumber2262031,150
Average training hoursNumber3.22.715.5
Permanent Staff
CrewTotalNumber1,8061,6402,096
MaleNumber1,8011,6332,075
FemaleNumber5721
Onshore StaffTotalNumber697373
Total MaleNumber374241
SingaporeNumber182120
NorwayNumber182020
HoustonNumber111
Total FemaleNumber323132
SingaporeNumber312928
NorwayNumber124
HoustonNumber000
Temporary Staff
Onshore StaffTotalNumber201
Total MaleNumber000
SingaporeNumber000
NorwayNumber000
HoustonNumber000
Total FemaleNumber201
SingaporeNumber201
NorwayNumber000
HoustonNumber000
Overall
Onshore StaffEmployee Turnover and New Hires
Employees at the start of yearNumber657173
Total Employee TurnoverNumber111311
Total New Employee HiresNumber171512
Employees at the end of the periodNumber717374
Rate of Employee New Hires
TotalPercentage (%)23.920.516.2
MalePercentage (%)27.023.812.2
FemalePercentage (%)20.616.121.2
Rate of Employee Turnover
TotalPercentage (%)15.517.814.9
MalePercentage (%)13.511.914.6
FemalePercentage (%)17.625.815.2
Employee Diversity
Senior-levelTotal Number of EmployeesNumber101314
MalePercentage (%)807771
FemalePercentage (%)202329
< 30 years oldPercentage (%)000
30 - 50 years oldPercentage (%)0.65457
> 50 years oldPercentage (%)0.44643
Mid-levelTotal Number of EmployeesNumber363536
MalePercentage (%)676967
FemalePercentage (%)333133
< 30 years oldPercentage (%)003
30 - 50 years oldPercentage (%)757775
> 50 years oldPercentage (%)252322
Entry-levelTotal Number of EmployeesNumber252524
MalePercentage (%)203229
FemalePercentage (%)806871
< 30 years oldPercentage (%)323221
30 - 50 years oldPercentage (%)686879
> 50 years oldPercentage (%)000
OverallTotal Number of EmployeesNumber717374
MalePercentage (%)525855
FemalePercentage (%)484345
< 30 years oldPercentage (%)11118
30 - 50 years oldPercentage (%)707073
> 50 years oldPercentage (%)181919

Comments on Social Data

Certain prior year data has been recalculated to include additional and/or missing data points

MetricsComments
Health and Safety
Lost-Time Injury (LTI) / Lost-Time Injury Frequency (LTIF)LTI is the sum of lost workday cases, permanent patial and total disabilities and fatalities due to work injuries
LTIF is the ratio of the number of lost-time injuries occuring in a workplace per 1 million hours worked
Total Recordable Case (TRC) / Total Recordable Case Frequency (TRCF)TRC captures the sum of all cases of lost time injuries, restricted work injuries medical treatment Injuries, first aid cases and work-related fatalities
TRCF is the sum of total recordable cases per 1 million hours worked over the quantity of hours worked
Marine CasualtiesAs defined in accordance with each vessel flag state
Disclosure as required under the Sustainability Accounting Standards Board (SASB) - Marine Transportation (TR-MT-540a.1)
Port State DetentionsNumber of Port State Control inspections resulting in a detention
Port State Control DeficienciesRatio between the number of reported deficiencies relative to the number of Port State Control Inspections as such the average number of deficiencies per inspection
Crew and Employee
TrainingTraining includes topics on diversity and inclusion, business ethics, cybersecurity, health and safety, upgrading and upskilling
Training hours for crew are tracked from 2021 onwards
Number of CrewIncludes crew from both externally and internally managed vessels
Rate of Employee Turnover / New HiresThe ratio of number of leavers / new hires over the total number of employees at the end of the relevant year
Management LevelEntry-level refers to employees who execute the day-to-day operations of the company (Assistants, Executives and Assistant Managers)
Mid-level refers to employees who plan and supervise the day-to-day operations of the company (Managers and Senior Managers)
Senior-level refers to employees who have a high level of experience, knowledge and responsibility within the company (General Managers and Executive Leadership Team)
Annual Efficiency Ratio (AER)AER uses an approximation of cargo carried by utilizing the vessel’s designed deadweight capacity in place of actual cargo carried and assumes the vessel is continuously carrying cargo
AER of the fleet is calculated as the total CO2 emitted for all vessels / total Deadweight Tonnage X Distance Travelled for all vessels
Energy Efficiency Operational Index (EEOI)EEOI monitors the energy efficiency of the vessel
EEOI of the fleet is calculated as the total CO2 emitted for all vessels / total Amount of Cargo Carried X Cargo Distance Travelled for all vessels
Energy Efficiency Design Index (EEDI)Average Energy Efficiency Design Index (EEDI) for new ships is not applicable as no new vessels were added from 2019 to 2021
Energy efficiency design index for new ships is an IMO measure designed to ensure the use of more energy efficient equipment and engines. Disclosure as required under the Sustainability Accounting Standards Board (SASB) - Marine Transportation (TR-T-110a.4)
Energy
Fleet Fuel ConsumptionFuel oil consumption is monitored and measured in tonnes. It represents the consumption of all types of fuel used by the fleet - Heavy Sulphur Fuel Oil (HSFO), Very Low Sulphur Fuel Oil (VLSFO), Low Sulphur Marine Gas Oil (LSMGO) and Liquified Petroleum Gas (LPG)
Fleet Energy ConsumptionTotal energy consumption from BW LPG fleet, calculated from bunker consumption in the main engine, auxillary engine, boiler and tank conditioning in metric tonnes based on recommendations from 3rd party bunker management provider and IMO MEPC 70/18/Add.1 Annex 9
Office Energy ConsumptionTotal energy consumption from onshore offices (Singapore and Norway), calculated from electricity consumption in kwh based on universal kwh to TJ conversion factor
Percentage (%) Heavy Fuel OilDisclosure as required under the Sustainability Accounting Standards Board (SASB) - Marine Transportation (TR-MT-110a.3)
Not reported as data is not available
Ship Recycling and Ecological Impacts
Spill and ReleasesOil spills as defined in MARPOL Annex I
Waste Landed AshoreWaste generated by vessel and disposed onshore
Data for TC-in fleet and India fleet is tracked from 2021 onwards
Percentage of Fleet Implementing Ballast Water TreatmentNumber of vessels that have installed treatment / total number of vessels
Shipping Duration in Marine Protected AreasDisclosure as required under the Sustainability Accounting Standards Board (SASB) - Marine Transportation (TR-MT-160a.1)
Not reported as data is not available
Activity Metrics
Number of vesselsAs at year end
Number of operating days Vessel calendar days less number of days vessel is offhire
Number of port callsSingle instances where a vessel approaches a port for operations including but not limited to loading, discharging, ship-to-ship transfers, bunkering, dry docking and crew change

Governance

Description of MetricUnit of
measurement
201920202021
Board Diversity
MaleNumber of individualsNumber422
Percentage of individuals within the organisation’s governance bodiesPercentage (%)674040
FemaleNumber of individualsNumber233
Percentage of individuals within the organisation’s governance bodiesPercentage (%)336060
Supply Chain
Supply Chain SpendingTotalUS$'00058,107.485,124.483,672.4
EuropeUS$'00045,538.676,179.249,021.5
Far East AsiaUS$'00010,016.24,005.927,666.4
North AmericaUS$'0000.5252.51,408.5
Middle EastUS$'0000.3492.162.5
OthersUS$'0002,551.84,194.75,513.5
Number of VendorsTotalNumber313398338
EuropeNumber164201147
Far East AsiaNumber489072
North AmericaNumber302425
Middle EastNumber111712
OthersUS$'000606682
Anti-Bribery and Anti-Corruption
Risk and Incidents
AfricaTotal number of port callsNumber585183
Total port calls assessed for corruption related risksPercentage (%)111
Total number of confirmed incidents of corruptionNumber413
Nature of confirmed incidents of corruptionDescriptionImmigration DocumentationImmigration DocumentationImmigration Documentation
Asia (incl. India and China)Total number of port callsNumber308241380
Total port calls assessed for corruption related risksPercentage (%)111
Total number of confirmed incidents of corruptionNumber903
Nature of confirmed incidents of corruptionDescriptionCustoms declarations / Health and Pratique-Immigration Documentation /
Cargo Bunkers
South America Total number of port callsNumber13512763
Total port calls assessed for corruption related risksPercentage (%)111
Total number of confirmed incidents of corruptionNumber201
Nature of confirmed incidents of corruptionDescription Customs declarations -Immigration Documentation
Number of port calls in countries that have the 20 lowest rankings in Transparency International's Corruption Perception Index.Number762
Total amount of monetary losses as a result of legal proceedings associated with bribery or CorruptionUS$'000000
Economic Performance and Contributions
Total RevenueUS$’000817,204811,734687,803
Total ExpensesUS$’000420,785409,309382,416
Staff CompensationUS$’00010,61212,16918,966
Manning CostUS$’00055,40152,00748,213
Other ExpensesUS$’000354,772345,133315,237
Political ContributionsUS$’000000
Community DevelopmentUS$’000N/A32.8314

Comments on Governance Data

Certain prior year data has been recalculated to include additional and/or missing data points

MetricsComments
Supply Chain
Number of Vendors and SpendingIncludes only suppliers supplying to internally managed vessels
Anti-Bribery and Anti-Corruption
% of port calls assessed for corruption related risksAll ports called upon in Africa, Asia (including India and China) and South America have been assessed for corruption related risks
Number of confirmed incidents of corruptionIncidents where bribery or corruption were encountered
Transparency International Corruption Perception IndexBased on the 2020 Transparency International Corruption Perception Index
Economic Performance
RevenueTotal revenue from spot and time charter voyages
ExpensesTotal voyage, charter hire, vessel operating, general and administrative expenses
Manning CostsFor crew working onboard vessels
Staff CompensationFor office employees in Singapore, Oslo and Houston
Economic Performance
Political ContributionsRefers to long and short term contributions to communities where BW LPG operates