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Sustainability Priority Governance and Compliance Operational Excellence and Effective Management Anti-Bribery and Anti-Corruption Economic Performance and Benefits
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