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 over US$23 billion in
assets, our environmental impact is low as we employ only
182 employees in five offices around the globe.
100%
CARBON NEUTRAL FOR DIRECT EMISSIONS
100%
LATEST TECHNOLOGY AIRCRAFT IN OUR
ORDERBOOK
100%
RECYLED ALL USED IT EQUIPMENT
3.5
Years
AVERAGE AGE OF OWNED AIRCRAFT FLEET
US$2.5
million
INVESTMENT IN NEW TECHNOLOGY AND DIGITAL INITIATIVES
Youngest Fleet
OUR OWNED PORTFOLIO IS ONE OF THE YOUNGEST IN THE AIRCRAFT OPERATING LEASE INDUSTRY
*All information as at 31 December 2020
51%
FEMALE REPRESENTATION IN
BOC AVIATION
1300+
TOTAL TRAINING HOURS COMPLETED
20
NATIONALITIES IN BOC AVIATION'S WORKFORCE
Employees Volunteered
AT FOOD FROM THE HEART AND WATERWAYS WATCH SOCIETY
Charitable Donations
MORE THAN US$80,000 IN DONATIONS TO LOCAL AND GLOBAL CHARITABLE ORGANISATIONS
*All information as at 31 December 2020
2
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 2020
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. In 2020, we invested nearly US$2.5 million in new technology and digital initiatives, which included the acceleration of our Digital Workplace Transformation programme.
BOC Aviation achieved 100% carbon neutrality for direct emissions in 2020 by purchasing carbon credits from two accredited projects. These projects also contributed 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 2020, 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. In 2020, we added US$3.9 billion of latest technology aircraft to our balance sheet, with average fuel efficiency improvements of more than 20% over previous generation models and our forward orderbook comprises these latest technology, fuel efficient aircraft.
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.
21 Jan 2022
Environment
Waterways Clean-up with Waterways Watch Society
BOC Aviation kickstarted its first CSR activity of the year with Waterways Watch Society. 18 of our colleagues made a great effort to collect waste and clean Singapore’s waterways.
22 Oct 2021
People
BOC Aviation Supports Orbis Race4Sight 2021
BOC Aviation is delighted to have completed the Orbis Singapore Race4Sight with a total distance of 61,977km. This was a great team effort from our 91 participants representing all of our five offices around the world! We hope to support Orbis Singapore in its future events to further raise awareness of the importance of good eye health.
02 Sep 2021
Environment
CSR Activities in Tianjin, China
The Tianjin Team became the fifth of our offices to contribute to society and the environment, marking a clean global sweep for BOC Aviation in our efforts to help the world in 2021. The team spent 2 September picking up litter at Taifeng Park and arranging shared bicycles along the road.
24 Aug 2021
Environment|People
BOC Aviation Cares
BOC Aviation has put together joint efforts across the Singapore, New York and Dublin team in contributing to the society in different ESG aspects.
09 Jul 2021
Environment
Litter picking along Putney Bridge
The BOC Aviation team cares in London! The team continues to contribute to society and the environment by spending 7 July 2021 picking litter alongside Putney Bridge.
02 Jul 2021
People
Packing with Food From The Heart
For the third year running, BOC Aviation is delighted to partner with Food From The Heart. We spent an afternoon preparing 100 food packs, helping to provide food security for its beneficiaries through its food distribution programme in Singapore.