ESG Overview
“Environmental, Social, Governance, or ESG, is deeply engrained in our company culture. At BW, we understand the need to act responsibly and empathetically especially in times of uncertainty. We are an agile, purpose-led company, and with each new project, hire, and development, we seek new ways to support general well-being, diversity, gender equality, as well as clean and affordable energy.”
In the fight against Covid-19 in Binh Duong, BW and ESR collaborated with Becamex and Binh Duong government officials to convert an 80,000 sqm-warehouse in BW My Phuoc 4 Industrial and Logistics Park into an 11,800-bed capacity, fully equipped field treatment.
- E
Environmental
- S
Social
- G
Governance
ESG is an integral part of our operation cycle and underpins every aspect of our culture, down to the partners with whom we choose to associate ourselves. It is the foundation on which our purpose and focus are built, with sustainability and the environment, people and our communities, and corporate governance and management placed at the core of everything we do.
We seek to meet global sustainability standards, ensuring each project is as safe as it is viable. We strive to create a welcoming, inclusive, and equal environment for all individuals across every aspect of the business. We continually challenge ourselves as individuals and as a team to improve with each passing year.
- 1.Environmental Due Diligence
- 2.Environmental Impact Assessment (EIA)
- 3.Decarbonization Application
- 4.Green Certificate Application & Product Innovation
- 5.HSE Execution Plan
- 6.Core Values, Code of Conduct & Internal Compliance
- 7.Work Environment
- 8.COVID-19 Vaccination Campaign
- 9.Donations toward Vaccines
- 10.Warehouse-Turned- Treatment Center
- 11.PPE Donations
Environmental Due Diligence
We assess the land plot of each new project for potential environmental risks, i.e., contamination or liabilities. This is an essential first step in our decision-making process, whether it be for land acquisition or building purchase.
Environmental Impact Assessment (EIA)
We ensure all new greenfield developments are environmentally sound and sustainable. Our EIA determines the environmental consequences of a given project prior to construction and the impact on the environment due to construction. Where the risk outweighs the benefit, the EIA allows us to examine alternative sites, plans, designs, and implementation through prevention, minimization, mitigation, or compensation to further impart positive impacts.
Decarbonization Application
We install solar LED streetlights for all new projects—weather-proof, water resistant, and longer life, this approach yields proven financial and environmental savings.
Green Certificate Application and Product Innovation
Adhering to the standards set out by green certifications, we plan and deliver projects in accordance with strict guidelines. BW remains ahead of the curve on product improvement and innovation, closely following clients’ requirements in conjunction with the country’s relevant codes and regulations.
HSE Execution Plan
BW’s HSE Management System has been carefully designed to protect our employees and visitors against all on-site injuries and incidents for under-construction projects. Zero incidents is our goal.
Core Values, Code of Conduct & Internal Compliance
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. Our Compliance Officer ensures the company adheres to government regulations and acts in conformity with BW’s internal policies.
Work Environment
Dedicated to creating a diversified and equal work environment, BW continually creates self-development opportunities for all staff, in addition to such staff activities as sponsored language-learning programs.
COVID-19 Vaccination Campaign
June 27, 2021 – BW plays a crucial role at the Tan Phu Trung Industrial Park facility, in support of HCM City’s largest-ever COVID-19 vaccination campaign.
Donations toward Vaccines
July 19, 2021 – BW donates VND 1 billion to the Vietnam Fatherland Front Committee of Binh Duong Province in response to a call for public donations to buy vaccines.
Warehouse-Turned- Treatment Center
July 30, 2021 – BW and strategic partner ESR convert an 80,000 sqm ready-built warehouse in the My Phuoc 4 Industrial Park into a COVID-19 field treatment center in the wake of the evolving pandemic.
With a capacity of 11,800 beds, the facility is one of the few field treatment centers in the country with the capacity to appropriately segregate and treat a range of COVID-19 patients, from asymptomatic to severe cases. Around 600 beds are equipped with ventilators that are connected to a central oxygen supply system.
PPE Donations
July 26, 2021 – BW donates 1,000 sets of PPE to Cu Chi and Thu Duc Hospitals to aid in the fight against COVID-19.
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.
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.
Reports
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.