ESG
Environmental, Social and Governance
BOC Aviation is committed to contributing to a more sustainable environment, enhancing our strong governance culture, and creating a positive impact on our communities.
Airlink
BOC Aviation is a long-term supporter of Airlink’s response relief programmes. Our recent support has gone to transporting medical supplies as part of relief efforts in response to COVID-19, an explosion in Beirut, and an earthquake and tsunami in Palu.
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Mike Morse Photography/
Global Outreach Doctors
Response Supported by Airlink
ORBIS
BOC Aviation supports ORBIS in bringing medical eye care directly to communities through its Flying Eye Hospital. Support ORBIS in its efforts to fight avoidable blindness.
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AACO
BOC Aviation proudly supports the Arab Air Carriers’ Organisation through seven sponsored scholarships every year for AACO-member airlines.
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A member of the Aviation Working Group
The AWG, of which BOC Aviation is a member, established a taskforce to assess and address ESG issues related to aviation financing and leasing.
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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$24 billion in
assets, our environmental impact is low as we employ only
186 employees in five offices around the globe.
100%
CARBON NEUTRAL FOR DIRECT EMISSIONS
100%
LATEST TECHNOLOGY AIRCRAFT IN OUR
ORDERBOOK
66%
LATEST TECHNOLOGY AIRCRAFT IN THE OWNED FLEET
3.9
Years
AVERAGE AGE OF OWNED AIRCRAFT FLEET
Ahead of Target
GREENHOUSE GAS EMISSIONS REDUCTION
Reduced
ENERGY CONSUMPTION
*All information as at 31 December 2021
53%
FEMALE REPRESENTATION IN
BOC AVIATION
2900+
TOTAL TRAINING HOURS COMPLETED
20
NATIONALITIES IN BOC AVIATION'S WORKFORCE
1400
VOLUNTEER HOURS IN LOCAL COMMUNITIES
US$50,000+
IN DONATIONS TO LOCAL AND GLOBAL CHARITABLE ORGANISATIONS
*All information as at 31 December 2021
3
FEMALE BOARD DIRECTORS,
ONE IS VICE CHAIRMAN
3
NATIONALITIES ON THE BOARD
100%
COMPLIANCE TRAINING CONDUCTED FOR ALL EMPLOYEES
*All information as at 31 December 2021
Environmental Sustainability
At BOC Aviation, we actively work to reduce our direct carbon emissions and environmental footprint. We emphasize 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 resources efficiency metrics in 2021 continued to remain stable when measured against headcount.
BOC Aviation achieved 100% carbon neutrality for direct emissions in 2021 by purchasing carbon credits from an accredited project, WWF Clean Cookstoves project in Ningshan County in China, 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 almost equal balance of male and female employees. At 31 December 2021, we employed people with 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 to reduce global carbon emissions by building a more efficient fleet to address climate changes. As at end of 2021, 100% of aircraft in our orderbook and 66% 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.
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.
16 Aug 2022
Environment
BOC Aviation Cares for Environment
We are proud of our New York and Tianjin teams for their hard work and dedication to creating a cleaner world. In New York, the team partnered with Hunters Point Parks Conservancy by cleaning, gardening and weeding in Hunter’s Point South Park. While the Tianjin team spent an afternoon collecting litter along Binhai Plaza.
06 Jul 2022
People
BOC Aviation Donates in 1H 2022
We are committed to creating a positive impact on our communities. In 1H 2022, BOC Aviation organised an internal donation drive in partnership with Global Village for Hope , where the team collected items such as pre-loved clothes, books and stationery and shipped them to children in Myanmar. The team also organised a donation of office chairs to Canossian School and St.Andrews Mission School in Singapore following our recent office move.
31 May 2022
Environment
Grand Canal Clean-up with Clean Coasts
The BOC Aviation Dublin team is pleased to partner with Clean Coasts once again in contributing to a cleaner environment. The team spent 27 May clearing up alongside the Grand Canal and collected 15kg of rubbish.
25 May 2022
Environment
Litter picking along River Thames
The BOC Aviation London team led our overseas offices in giving back to the community this month. The team spent a meaningful day picking litter along the River Thames, collecting around 27kg of rubbish.