The Group aims to create a long-term economic advantage for homeowners, shareholders, and stakeholders through property development and investment.
We 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.
We continue to provide monetary assistance to selected local non-profit groups and organisations that assist the less fortunate and handicapped in FY2025.
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List of communities and organisations the Group provided financial aid during the reporting period:
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Dementia Singapore (formerly known as Alzheimer’s Disease Association)
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Autism Resource Centre (Singapore)
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Bright Hill Evergreen Home
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Cerebral Palsy Alliance Singapore
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Chen Su Lan Methodist Children’s Home
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Dover Park Hospice
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Guide Dogs Singapore
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Lions Home for the Elders
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Movement for the Intellectually Disabled of Singapore (MINDS)
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The National Kidney Foundation
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Singapore Association for the Deaf
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Singapore Association of the Visually Handicapped
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SPD (formerly known as Society for the Physically Disabled)
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ARTDIS (Singapore) Ltd, formerly known as Very Special Arts Singapore
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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 working progress to the Board. The STF, comprising support staff with diverse expertise, is tasked with supporting the implementation of climate-related initiatives and efforts as determined by the SSC.
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 identified EESG factors, including the climate-related risks and opportunities across the Group, and ensures that climate risk governance is integrated into its sustainability 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.
We 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 FY2025, 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.
We acknowledge the importance of practising good governance as part of our core principles to safeguard our shareholders’ interests and ensure the Group’s success. We strive to uphold compliance with the relevant environmental, socio-economic, and authority norms and regulations through systematic, robust, and transparent governance procedures.
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 whistleblowing channel to enable anyone to report any possible breaches of business ethics.
We 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. We aim to maintain zero known incidences of corruption in the Group every year.
In FY2025, the Group received 1 complaint concerning a personal data breach or business data loss from a regulatory body. Our Data Protection Officer (“DPO”) identified that the Group’s servers were compromised in a ransomware attack, which resulted in potential data security risks. In line with regulatory requirements, the DPO promptly reported the incident to the Personal Data Protection Commission (“PDPC”) to ensure full compliance with the PDPA.
Following this incident, the Group promptly notified the affected individuals and engaged IT forensic specialists to investigate the incident. As part of the response, the organisation upgraded its IT security infrastructure and password security as well as file encryption standards. To further safeguard data protection and ensure ongoing cybersecurity awareness, BSEL will periodically conduct internal training sessions and distribute newsletters to staff, reinforcing best practices in data protection.
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. Our climate disclosures are aligned with the Task Force on Climate-related Financial Disclosures (“TCFD”) recommendations.
In FY2025, 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.