ESG Overview
“Environmental, Social, Governance, or ESG, is deeply engrained in the BW company culture. 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, and clean, affordable energy.”
In the fight against Covid-19 in Binh Duong, BW and ESR collaborated with Becamex and the Binh Duong officials to convert 80,000 sqm warehouse in MyPhuoc 4 into an 11,800-bed capacity, fully equipped field treatment.
- E
Environmentally
Friendly - S
Social Corporate
Responsibility - G
Governance
Commitment
BW’s 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, putting sustainability and the environment, people and communities, and corporate governance and management 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, equal culture for men and women across all aspects of the business. And we 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.BW Work Environment
- 8.COVID-19 Vaccination Campaign
- 9.Donation toward Vaccines
- 10.Warehouse Turned Treatment Center
- 11.PPE Donation
Environmental Due Diligence
We assess the land area of each new project for any potential environmental risks, i.e., contamination or liabilities. This is an essential first step in our decision-making process, whether 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 risk and influence of a given project. 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 with a 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 to meet the 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 is in place to protect employees and visitors against all on-site injuries and incidents for under-construction projects. ZERO INCIDENTS is the goal.
Core Values, Code of Conduct & Internal Compliance
Our policies and training reflect the Foreign Corrupt Practices Act (FCPA), Anti-Bribery Compliance Policy, Code of Ethics, and Whistleblower Policy. BW’s internal Compliance Officer ensures the company’s activities reinforce the integrity of our company culture. All of our staff are subject to compliance training and e-learning programs.
BW Work Environment
Dedicated to creating diversified and equal work environments, BW creates self-development opportunities for all staff in addition to such staff activities as sponsored language-learning programs.
COVID-19 Vaccination Campaign
27 June 2021 – BW shows support at Tan Phu Trung Industrial Park facility, achieving HCM City’s largest-ever COVID-19 vaccination campaign.
Donation toward Vaccines
19 July 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
30 July 2021 – BW and strategic partner ESR convert 80,000 sqm ready-built warehouse in the My Phuoc 4 Industrial Park into COVID-19 field treatment center in response to 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 Donation
26 July 2021 – BW donates 1000 PPE sets 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, and we remain tireless in our pursuit of them
Policy
We are committed at a corporate, culture, and policy level. In addition to holding ourselves accountable, we expect those we work with to be proactive and solution-oriented in the advancement of sustainable, long-term growth.
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.
