MISSION
As a leading and experienced property developer, we are committed to designing and building fine-quality homes that satisfy the aspirations and lifestyles of our customers for generations to come.
MILESTONES
BSEL has built many of Singapore’s renowned and established residential developments comprising landed homes, private residences, and serviced apartments for over half a century.
COMMITMENT
We value every customer and family and shall remain dedicated to creating quality homes that property owners will love, cherish, and appreciate for generation after generation.
The Group prioritises providing high-quality homes with excellent value. We are committed to maintaining our reputation by constructing sustainable homes and neighbourhoods. We aim to present a comprehensive outlook of our sustainability journey, encompassing our yearly progress and dedication to sustainable expansion.
The Board continues to oversee EESG matters that are material to the Group, providing strategic direction and monitoring the effectiveness of the Group’s risk management and sustainability frameworks. By addressing challenges crucial to the Group’s business and stakeholders, the Group will be better positioned to build long-term sustainable value.
The Group also emphasises stakeholder inclusivity through regular interaction with the highest level of transparency. By consistently communicating with our stakeholders, we can identify their concerns, assess risks and opportunities, and recognise significant EESG matters.
The Group aims to create a long-term economic advantage for homeowners, shareholders, and stakeholders through property development and investment.
The Group have integrated sustainable design principles into our project planning and development to reduce the carbon footprint of our projects during the construction process and operational lifetimes. The following are the sustainability features incorporated into our property developments:
Good Building Ventilation
North-South Orientation
Natural Ventilation
Solar Panels and EV Charging Stations (Landed Homes)
Use of Green-Labelled Products in Projects
Water Efficient Fittings
Energy Efficient Fittings
Heat Recovery System
Rainwater Harvesting Tank
Use of EcoPlugs
The Group is committed to giving back to the Singapore community through our community engagement programmes. We formed a Sustainability Task Force (“STF”) that carries out our Corporate Social Responsibility (“CSR”) initiatives in accordance with the CSR criteria established by the Group.
The Group also gives back to the community by providing monetary assistance to non-profit groups and organisations that assist the less fortunate and handicapped.
|
List of communities and organisations the Group provided financial aid during the reporting period:
|
-
Cerebral Palsy Alliance Singapore
-
Singapore Association for the Deaf
-
SPD (formerly known as “Society for the Physically Disabled”)
-
Autism Resource Centre (Singapore)
-
Singapore Association of the Visually Handicapped
-
Guide Dogs Singapore
-
ARTDIS (Singapore) Ltd (formerly known as “VSA Singapore”)
-
MINDSG Ltd (formerly known as “Movement for the Intellectually Disabled of Singapore”)
-
Bright Hill Evergreen Home
-
Lions Home for the Elders
-
Dover Park Hospice
-
The National Kidney Foundation
-
Dementia Singapore (formerly known as “Alzheimer’s Disease Association”)
-
Chen Su Lan Methodist Children’s Home
|
The Group has a Sustainability Steering Committee (“SSC”), chaired by the Chief Executive Officer (“CEO”) and represented by all Heads of Departments (“HODs”), which regularly monitors the performance of climate-related risks and opportunities and reports the performance outcomes, emerging risks, and material matters to the Board. The STF, comprising representatives from relevant functions, are tasked with supporting the execution of sustainability and climate-related initiatives, coordinates sustainability data collection and reporting, and identifies operational-level sustainability and climate-related risks and improvement opportunities.
The Group recognises the importance of responsible energy consumption in reducing our carbon footprint. We are conscious of the significant environmental impact of our operations and, thus, adhere to ISO 14001:2015 Environmental Management System standards by monitoring and regulating monthly electricity consumption across our operations.
The Group recognises the positive and negative consequences of climate change on our business operations and overall growth. The Board is responsible for the oversight of the Group’s Sustainability-related Risks and Opportunities including material EESG topics and Climate-related Risks and Opportunities and the sustainability and climate considerations are integrated into the Group’s governance framework.
The Group acknowledges that our workforce plays a critical role in driving our business growth and achieving our objectives. Thus, we prioritise providing a secure and safe work environment, competitive compensation packages, continuous learning and development opportunities, and promoting work-life balance. We regularly evaluate employee benefits to ensure they remain relevant and competitive in attracting top talent.
The Group advocate for a workplace culture that values inclusivity, respect, diversity, and equity. Mutual respect is a core value of the Group and we have a zero-tolerance policy towards harassment and discrimination in the workplace. In FY2026, no incidents of workplace harassment or discrimination were reported.
Furthermore, we strive to provide equal career opportunities to all employees, encouraging them to explore and enhance their skill sets. The Group focus on investing in our employee's growth and development by providing role-specific training that enhances employees’ performance and learning opportunities that enable them to achieve their career aspirations.
The Group’s corporate ethics and governance standards serve as an established foundation. In this respect, the Board establishes the Company’s ethical standards, while the BSEL’s systems, processes, procedures, and policies have been developed to promote ethical behaviour within our organisation.
The Group adheres to all relevant laws and regulations in our business practices and internal procedures. We endeavour to sustain elevated levels of business integrity, corporate governance, transparency, and ethics through a top-down management approach. At no point do we tolerate any corrupt or unethical behaviour. Additionally, we have created a Whistle-Blowing channel to enable anyone to report any possible breaches of business ethics.
The Group ensure that we meet all the necessary authority requirements in accordance with the Group’s Standard Operating Procedures (“SOP”). We strive to uphold our commitment to ethical and responsible business practices while safeguarding the interests of our stakeholders and being transparent. During the reporting period, there were zero known incidences of corruption in any form. In FY2026, the Group received zero complaint concerning a personal data breach or business data loss from a regulatory body.
The Report is prepared in accordance with the Global Reporting Initiative (“GRI”) Standards 2021. We based our sustainability report on the GRI standards as it is a globally recognised sustainability reporting standard that allows for uniform and comparable data reporting that meets the needs of stakeholders. This Report has also been prepared in compliance with Singapore Exchange Securities Trading Limited (the “SGX-ST”) Mainboard Rules 711A and 711B.
In addition, the Group now reference to the International Financial Reporting Standards (“IFRS”) Sustainability Disclosure Standards (“SDS”), collectively known as the (“IFRS SDS”), developed by the International Sustainability Standards Board (“ISSB”), including IFRS S1 - General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 - Climate-related Disclosures, to enhance the integration of sustainability-related disclosures, including but not limited to climate-related disclosures, with our financial reporting.
In FY2026, BSEL conducted a desktop review of the EESG factors that are material and significant to the Company’s business strategy and operations, reaffirming that all material EESG factors identified in our FY2024 materiality assessment remain relevant. As a result, the final list of 13 material EESG topics has been endorsed and approved by the Board to be included in this year’s Sustainability Report.