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ESG

As Vietnam continues to strengthen its position as a global manufacturing and logistics hub, we believe industrial real estate developers have a responsibility to support that growth in a more sustainable, resilient, and future-ready way.
As our platform grows, so will our ESG framework, our reporting capabilities, and our operational standards. Our ambition is clear: to build not only modern industrial facilities, but a more sustainable and responsible industrial ecosystem for Vietnam.

ESG

Message from CEO

"At BW, we do not treat Environmental, Social, and Governance (ESG) as a compliance checkbox or a standalone initiative. ESG is integral to how we build and operate industrial infrastructure for Vietnam’s next phase of growth."

Sustainability Highlights

In 2024 and 2025, we turned this commitment into action across our entire portfolio, expanding green building certifications and rooftop solar initiatives, strengthening environmental due diligence, raising workplace safety standards, deepening governance practices, and investing meaningfully in our communities. These efforts help us meet evolving regulations and investor expectations while creating long-term value for our customers, partners, communities, and stakeholders.

As one of Vietnam’s leading industrial and logistics platforms, BW is uniquely positioned to contribute to the country’s energy transition and sustainable industrial development. At the same time, we remain deeply committed to building high-quality workplaces, fostering an inclusive culture, and supporting the communities where we operate.

BW’s ESG Footprint

01 Sustainable operations

With close to 3 million sqm of rooftop area across 60 projects, BW is one of the largest rooftop space owners in Vietnam. We have successfully implemented two rooftop solar (RTS) pilot projects in the South and plan to progressively roll out installations across the portfolio. In March 2026, we signed an agreement with Vietnam-Singapore Smart Energy Solutions JSC (VSSES) to develop a 30 MWp rooftop solar system at BW Bau Bang Industrial Hub, with the potential to scale to more than 100 MWp over time.

02 Green Building Certifications

BW’s green building certification journey began in 2023 with the Phu Nghia project. Since then, 7 projects have achieved LEED certification, with 4 additional projects currently in progress. As of December 2025, approximately 1 million sqm of ready-built factories and warehouses - completed, under construction, or in pre-construction—have been designed to pursue green building certification, representing approximately 22% of BW’s 4.5 million sqm portfolio.

03 Building Stronger Communities: Our Social Impact Efforts

At BW, we focus our community investment efforts on education, environmental initiatives, and local community support. Our belief is simple: sustainable industrial growth should create long-term positive impact far beyond our industrial properties. In 2024-2025, BW contributed approximately vnd 1.9 billion across 9 community initiatives.

04 Environmental Due Diligence for All New Projects

At BW, we assess every new project for contamination risks and hidden liabilities through environmental due diligence. Environmental Impact Assessments (EIA) ensure that every development plan is environmentally sound and sustainable. All 21 projects carried out in 2024/2025 conducted EIAs.

05 Health, Safety and Environment (HSE)

BW’s HSE Management System is designed to protect employees, contractors, and visitors across all projects under construction. Regular HSE training programmers are conducted for contractors and supply-chain partners to promote consistent safety standards and regulatory compliance across all sites.

06 Core Values, Code of Conduct and Internal Compliance

Our policies and training reflect the Foreign Corrupt Practices Act (FCPA), Anti-Bribery Compliance Policy, Code of Ethics, and Whistleblower Policy, and policies promoting a safe, respectful, and harassment-free workplace. A dedicated Compliance Officer ensures that every activity reinforces the integrity of our culture. All staff undergo compliance training and e-learning programs.

07 Work Environment

Despite industrial real estate being a male-dominated sector, 60% of our team is female and 50%(1) of department heads(2) are women.

(1) Figures as of Dec 2025
(2) Department head: a senior leader accountable for strategy, performance, headcount, budget, and operations of a specific function within the organization.

Roadmap

BW has set out a clear path of major objectives and strategies. Departments across the company are aligned to these initiatives and well prepared to bring them to fruition.

Strategy Framework & Targets

At BW, we have instituted a variety of short- and long-term goals and expectations for ourselves across three key categories – people, property, and corporate commitment. We remain tireless in our pursuit of achieving the goals.
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ESG Policies

Our ESG policies set out our corporate values in relation to our ESG responsibilities and management, which serve as the foundation of our ESG journey. These policies ensure that we do our part in addressing today’s environmental and societal challenges, to better serve our clients and community.

ESG Report

Transparency is crucial when setting ESG standards. Each year, we report on our activities and performance, holding ourselves to a high standard of responsibility and steadily increasing that commitment.