ESG
ESG Strategy & Targets
At BW, we believe that a robust ESG strategy is key to creating a positive impact on our communities and environment. 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 these goals.
People & Culture
Focus Areas:
Safety, Health and Well-being
At BW, we value a safe workplace that promotes a healthy work-life balance and expect companies and corporations within our supply chain to the observe the same standards. See our Supplier Code of Conduct here.
Target
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To maintain zero workforce fatalities |
Diversity & Inclusion
We remain committed to fostering an exceptional workplace that embraces diversity and inclusivity, to welcome a broader spectrum of ideas, perspectives, and approaches.
Target
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To achieve an overall balanced gender ratio with a focus on individuals’ unique strengths and abilities. |
Community Investment
Giving back to the communities in which we operate is a crucial aspect of our corporate culture.
Target
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To sponsor construction industry charities |
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To focus on making donations throughout the month of June |
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To plant trees annually |
Talent Attractions, Retention & Training
We sponsor programs to invest in tomorrow’s leaders. BW aspires to be an employer of choice through:
- Fostering a culture of active learning
- Delineating a clear path and process for career progression
- Ensuring total rewards and life insurance or contributions to retirement and social security schemes
Target
To seek employment engagement and feedback by means of:
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Training employees annually on ESG |
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Providing relevant courses to all staff |
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Granting BW Talent Award to underprivileged students in Civil Engineering, including annual financial support to cover tuition fees and book allowances |
Property
Focus Areas:
Sustainable & Efficient Operations
Focusing on continuous improvements across our operations, we strive to do more with less.
Target
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To test alternative energy reservation practices in line with Vietnam’s design codes and regulations, i.e., installing further insulation and double-glazed office windows on managed portfolios |
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To complete 80% of our southern projects with renewable energy source by 2026 |
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To implement garbage sorting in eligible parks |
Sustainable Building Certifications
BW strives to exceed the country’s compliance standards and obtain globally recognized certifications for developments.
Target
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To obtain 5 green-certified projects by 2030 |
Flexible and Adaptable Properties
We design each project with occupants in mind, ensuring:
- Optimal space utilization with high ceilings and wide column spacing
- Highly efficient loading and parking zones
- Customizable features
Target
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To limit material degradation through efficient design, construction, and maintenance |
Corporate Commitment
Focus Areas:
Corporate Governance
Our internal policies are developed in accordance with the Foreign Corrupt Practices Act (FCPA), Anti-Bribery Compliance Policy, Code of Ethics, and Whistleblower Policy, and are communicated to all of our staff through regular compliance training and e-learning programs.
Target
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To foster a company culture that is agile, alert, inclusive, and supportive |
Risk Management
With the support of governance officers, BW’s management team seeks to identify, verify, and assess various risk levels. Our team integrates the E&S system into related risks and governance practices, including climate change impact mitigation and adaptation, environmental management practices and duty of care, work and safety conditions, respect for human rights, anti-bribery and corruption practices, and compliance to relevant laws and regulations.
Target
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To set ESG due diligence as a prerequisite for all investment decisions |
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To update strategies in line with the latest information and technology |
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To make mandatory incident reporting |
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To carry out regular and consistent engagement with business parties, especially on ESG matters |
