BW LPG Ltd 2023 IR
The report highlights BW LPG's strong performance in 2023, which proved to be the best year ever recorded for the VLGC market. The company expanded its presence along the LPG value chain by establishing a joint venture with Confidence Petroleum and planning a state-of-the-art LPG storage terminal in Mumbai, India. Financially, the company achieved a record net profit after tax of US$493 million and a return on equity of 31%. On the sustainability front, BW LPG reduced its Scope 1 greenhouse gas emissions by 6% against the 2019 baseline and achieved a Carbon Intensity Index of 6.5 gCO2/tonne-nautical mile.
Company: BW LPG Ltd
Sector: Energy
Country: Singapore
Year: 2023
Type: IR
Pages: 182
BW LPG Ltd
Integrated Annual Report
The report highlights BW LPG's strong performance in 2023, which proved to be the best year ever recorded for the VLGC market. The company expanded its presence along the LPG value chain by establishing a joint venture with Confidence Petroleum and planning a state-of-the-art LPG storage terminal in Mumbai, India. Financially, the company achieved a record net profit after tax of US$493 million and a return on equity of 31%. On the sustainability front, BW LPG reduced its Scope 1 greenhouse gas emissions by 6% against the 2019 baseline and achieved a Carbon Intensity Index of 6.5 gCO2/tonne-nautical mile.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Net Zero Target
Employees