A Member of Bank of China Group

ESG

Our Approach

We strive to be good corporate citizens within our environment and society, and foster a strong culture of governance.

Our Impact

While we are a global Company with US$22 billion in assets, our environmental impact is low as we employ only 192 employees in five offices around the globe.

100%

CARBON NEUTRAL FOR DIRECT EMISSIONS

100%

LATEST TECHNOLOGY AIRCRAFT IN OUR ORDERBOOK

71%

LATEST TECHNOLOGY AIRCRAFT IN THE OWNED FLEET

4.4
Years

AVERAGE AGE OF OWNED AIRCRAFT FLEET

New Targets

ON DIRECT GREENHOUSE GAS EMISSIONS REDUCTION

Reduced

RESOURCE CONSUMPTION

*All information as at 31 December 2022

50%

FEMALE REPRESENTATION IN
OUR WORKFORCE

More Than 4,200

TRAINING HOURS

20

NATIONALITIES IN BOC AVIATION'S WORKFORCE

1300 

VOLUNTEER HOURS IN LOCAL COMMUNITIES

Year-long

COACHING PROGRAMME LAUNCHED 

Supports Airlink

AND OTHER GLOBAL AND LOCAL NGOS

*All information as at 31 December 2022

3

FEMALE BOARD DIRECTORS

4

INDEPENDENT BOARD DIRECTORS

3

LINES OF DEFENCE IN RISK MANAGEMENT

360°

RISK MANAGEMENT FOCUS 

30%

FEMALES IN THE MANAGEMENT TEAM

100%

SUCCESSFULLY COMPLETED COMPLIANCE AND CYBER SECURITY TRAINING

NIL

REGULATORY BREACHES

*All information as at 31 December 2022

Environmental Sustainability

At BOC Aviation, we actively work to reduce our direct carbon emissions and environmental footprint. We emphasise the use of electronic communications and video conferencing to avoid unnecessary travel. We have taken a strong stand against the use of private jets, which are prohibited under our travel policy.

BOC Aviation continuously invests in digital transformation in order to reduce our impact to the environment as well as to improve productivity and reduce costs. As a result, our resource efficiency metrics continued to improve when measured against headcount. Electricity and paper consumption per average headcount in 2022 were down 58% and 67%, respectively, compared with 2019, which is the base year of our Environmental KPIs targets. 

BOC Aviation was 100% carbon neutral for direct emissions in 2022 through offset purchases from an accredited projects, WWF Clean Cookstoves project in Ningshan County in China and the Kasigau Corridor REDD+ Project in Kenya, to offset our direct carbon emissions and to contribute to the United Nations Sustainable Development Goals, which BOC Aviation is committed to supporting.

OUR CARBON OFFSET PROJECTS

Governance

BOC Aviation is committed to enhancing shareholder value by achieving high standards of corporate ethics, conduct, transparency and accountability. We are firmly committed to a culture of transparency and compliance and we conduct our business affairs with high standards of honesty and integrity through our policies including anti-bribery, anti-money laundering and fraud risk management.

The Board of Directors has overall responsibility for the Company’s ESG strategy, and is responsible for evaluating and determining the Company’s ESG-related risks, and ensuring that appropriate and effective ESG risk management and internal control systems are in place. The Board comprises the Chairman (who is also a Non-executive Director), four other Non-executive Directors, four Independent Non-executive Directors and two Executive Directors.

 

Anti-Corruption and Whistleblowing

Our Board

Workforce Diversity

As a global aircraft leasing Company with offices in five countries, we are proud to have a diverse workforce with an equal balance of male and female employees. At 31 December 2022, we employed people from 20 different nationalities in our Company.

Investing In Our People

Our people are our greatest resource, and we place great emphasis on talent development through training and performance coaching. The health and safety of our employees are of paramount importance. We are committed to continuously improve the health and safety awareness of all our employees and to create a culture where everyone shares responsibility for the safety and well-being of their fellow workers and the community.

A HEALTHY AND SAFE WORKPLACE

A Modern And Efficient Fleet

BOC Aviation is committed to supporting the aviation industry in reducing global carbon emissions by building a more efficient fleet to address climate changes. As at end of 2022, 100% of aircraft in our orderbook and 71% of aircraft in our owned fleet comprised the latest technology aircraft with average fuel efficiency of 20% compared to prior technology. 

Investment In The Community

BOC Aviation participates in various trade, business and industry associations to contribute to the growth and governance of the aviation industry. We also make donations to various non-profit organisations for humanitarian and charitable purposes. We do not provide any donations of a political nature.

Our volunteering activities

At BOC Aviation, we participate in Corporate Social Responsibility activities so that we have a direct, positive impact on the communities around us in our offices around the world.

18 Jan 2023

People

BOC Aviation visits Red Cross Home for the Disabled

BOC Aviation kickstarted its first Singapore Corporate Social Responsibility activity for 2023 with the Red Cross Home for the Disabled.

20 Dec 2022

People

BOC Aviation’s Dublin office delivered Christmas care packs to the Ronald McDonald House Charities Ireland

Our colleagues from the Dublin office packed Christmas care packs filled with necessities such as cereal, diapers and toothpaste to be delivered to less privileged families in the community.

16 Dec 2022

People

BOC Aviation’s London office supports Samaritan’s Purse's Operation Christmas Child's mission

BOC Aviation’s London office got into the Christmas spirit by providing their support to Samaritan’s Purse in their yearly Operation Christmas Child mission.

25 Nov 2022

People

BOC Aviation and ING APAC organise zoo visit for children from Feiyue Family Service Centre

On 25 November 2022, 20 volunteers from ING APAC and BOC Aviation brought 16 children between the ages 5 and 12 years old from Fei Yue Family Service Centre to the Singapore zoo.

08 Nov 2022

People

BOC Aviation supports Orbis 40-day Race4Sight Challenge 2022

Ready, Set, Go! 100 men and women representing BOC Aviation joined the 40-day Orbis Race4Sight Challenge 2022 and clocked 12,774 kilometres by running and cycling for a good cause.

23 Sep 2022

People

BOC Aviation supports food distribution programme

BOC Aviation is pleased to support Food From The Heart’s food distribution programme in Singapore. Colleagues from various departments gathered to put together food packs for 141 beneficiaries in the community.