Strategy & Targets
With the future of our communities and environment in question, the importance of an ESG strategy cannot be overstated. 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 are tireless in our pursuit of a socially and environmentally conscious and risk-averse company culture, and we are proud to share our framework and targets with you.
People and culture are integral to our business; from employees and customers to communities and suppliers, we strive to create a positive and supportive environment. An essential facet of sustainable development is ensuring basic human needs are met today and in the future.
Focus Areas:
- Safety, Health and Well-being
Our staff and employees enjoy safe workplaces that institute and observe a healthy work-life balance. Furthermore, we uphold companies and corporations within our supply chain to the same protection standards, expecting that their employees enjoy a similar model. Our Supplier Code of Conduct is available here.
Target
Zero Workforce Fatalities
- Diversity & Inclusion
As our growth trajectory continues, we remain committed to fostering workplaces that embrace diversity and are free from all discrimination.
Target
Employ a roughly 50:50 ratio of women and men of various strengths and abilities.
- Community Investment
Giving back to the communities in which we operate is a crucial element of our corporate culture.
Target
Sponsor construction industry charities
Focus donations throughout the month of June
Plant trees annually
- Talent Attractions, Retention & Training
We sponsor programs to invest in tomorrow’s leaders. BW aspires to be an Employer of Choice:
– 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
– Seeking employee engagement and feedback
Train employees annually in ESG
Provide relevant training courses for all BW staff
Grant BW Talent Award to underprivileged students majoring in Civil Engineering, including annual financial support to cover tuition fees and book allowances
Playing a clear role in modern-day commerce, BW steadily improves owned and acquired assets while supporting the country in its transition to a low-carbon economy.
Focus Areas:
- Sustainable & Efficient Operations
Focusing on continuous improvement across our operations, we strive to do more with less.
Target
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.
80% of southern projects with renewable energy source by 2026
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
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 areas,
– Customizable features.
Target
To limit material degradation through efficient design, construction, and maintenance
We believe stable, dependable returns and balanced growth result from a solid culture and continued practice of strong year-on-year corporate performance.
Focus Areas:
- Corporate Governance
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.
Target
Foster a company culture that is agile, alert, inclusive, and supportive
- Risk Management
With the support of governance officers, BW’s management team annually seek to identify, verify, and assess various risk levels. Our team integrates an 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
Maintain ESG due diligence as a prerequisite for all investment decisions
Update strategies as more information and technology becomes available
Mandatory incident reporting
Regular and consistent engagement with business parties, especially on ESG matters
