BW LPG Embarks on Sustainable Supply Chain Transformation with Achilles
Achilles, a global leader in supply chain risk management, today announced a strategic partnership with BW LPG, an Affiliate within the BW Group and a leading owner and operator of very large gas carriers (VLGCs). This partnership bolsters BW LPG’s commitment to Environmental, Social, and Governance (ESG) principles and responsible business practices across its extensive global supply chain.
Rick Ackermann, Head of Procurement at BW LPG, emphasized the significance of this partnership, stating, “Partnering with Achilles aligns perfectly with our newly developed supplier code of ethics and plastic reduction programs. Achilles’ expertise in proactively validating and managing suppliers and ensuring adherence to high ESG standards is invaluable to us. This collaboration will undoubtedly transform our supply chain, making it a model of sustainability and resilience while reinforcing our dedication to responsible business practices.”
Paul Stanley, CEO Achilles, added, “We are delighted to support BW LPG in its ESG and sustainability journey. Our platform offers the tools and insights needed to not only achieve regulatory compliance but also drive meaningful change throughout its supply chain. This partnership exemplifies how industry leaders can leverage data-driven solutions to build a more sustainable and resilient future.”
The partnership comes at an appropriate time when the maritime industry faces an “avalanche” of disclosure requirements due to regulations like the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS). These regulations necessitate comprehensive reporting on environmental and social metrics, prompting companies to optimize operations and enhance transparency. Achilles’ platform will empower BW LPG to navigate the complex landscape of ESG compliance effectively. By leveraging Achilles’ expertise in risk assessment, supplier engagement and data-driven insights, BW LPG can ensure its supply chain aligns with international standards, further solidifying its commitment to sustainability and responsible business practices.
“Achilles’ support in validating our suppliers’ credentials and ensuring compliance with international standards is pivotal for BW LPG,” added Ackermann. “This partnership not only strengthens our supply chain but also aligns seamlessly with our strategic goals of achieving sustainability and operational excellence.”
The collaboration between BW LPG and Achilles signifies a proactive approach to addressing the evolving ESG landscape in the maritime sector. By combining BW LPG’s industry leadership with Achilles’ proven expertise, this partnership sets a new benchmark for sustainability and responsible supply chain management in the global maritime industry.
