- Reducing GHG emissions from business travel and supply chain; ensuring accurate and rigorous GHG emissions reporting; achieving consistent ESG improvements across the portfolio; addressing challenges related to limited resources in portfolio companies; combating deceptive practices such as greenwashing in the green fuels market.
Blue Water Energy LLP
Greenhouse gas emissions & sustainability report data
In its 2022-04-01 to 2023-03-31 reporting, Blue Water Energy LLP disclosed greenhouse gas emissions of 71.1K tCO2e/year (Bluewater only). By scope: Scope 1: 56.76 tCO2e/year; Scope 2: 60.73 tCO2e/year; Scope 3: 71.1K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
71.1K tCO2e/year (Bluewater only)
2022-04-01 to 2023-03-31
📊 Emissions by Scope (2022-04-01 to 2023-03-31)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 56.76 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 60.73 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 71.1K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Updated travel policy to reduce carbon footprint from business travel; portfolio companies increased measurement of Scope 1 & 2 GHG emissions; portfolio companies are starting to identify data for Scope 3 emissions calculations and exploring emissions reduction plans and offsetting.
- CRC Evans completed work on a 50km hydrogen pipeline in Romania.
- IMServ leveraged renewables for 65% of its energy and invested in solar panels, expected to contribute 15% to overall energy requirements.
- Galileo implemented a project with a third-party energy consultant to conduct an energy efficiency survey focusing on areas within its GES Klang LPG terminal where it can use its own solar energy supply.
- Unique Group eliminated single-use plastic within the workplace, rented electric vans and invested in digitalisation to eliminate paper use.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Further reduce Bluewater's carbon footprint from business travel; work with remaining portfolio companies to measure Scopes 1 & 2 emissions; review supply chain data to identify emission reduction opportunities.
📅 Medium-term
- Portfolio companies to start identifying data required to calculate Scope 3 emissions; portfolio companies to develop emissions reduction plans; portfolio companies to fully or partially offset their emissions.
🔭 Long-term
- Fund III to be registered as SFDR Article 8; reporting in line with TCFD recommendations.
🌱 ESG Focus Areas
Greenhouse Gas (GHG) EmissionsHealth, Safety & Well-BeingHuman & Labour RightsDiversity & InclusionAnti-Bribery & CorruptionPhilanthropy & CommunityCybersecurity