The Work Index by Flexa

BYD Indonesia

BYD is a multinational company headquartered in China that specializes in renewable energy, green transportation, and high-technology manufacturing products and services.

https://en.byd.com/
5.0

/10

Transparency ranking

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Description

BYD, founded in 1995, is a multinational company headquartered in Shenzhen, China, known for its expertise in renewable energy, green transportation, and high-technology manufacturing. The company has a wide range of products and services, including battery-electric automobiles, buses, trucks, and forklifts; solar power generation and energy storage systems; and consumer electronics. They are known for their innovative use of lithium iron-phosphate batteries, which provide safe and reliable power for their vehicles and energy storage systems.

BYD is committed to corporate social responsibility, monitoring their supply chain for ethical labor practices, environmental safety, and intellectual property rights. They are also actively involved in community outreach, supporting apprenticeship programs and donating PPE during the COVID-19 pandemic. Their focus on clean energy and sustainable transportation has earned them recognition from organizations like Bloomberg, Business Week, Fortune Magazine, and the United Nations.

Mission

BYD, a global leader in renewable energy and green transportation, is committed to changing the world for the better by creating a complete, zero-emission ecosystem powered by clean energy. Their mission is to reduce the world's reliance on petroleum through innovative products in multiple sectors, including battery-electric automobiles, buses, medium- and heavy-duty trucks and forklifts, the SkyRail monorail system, solar power generation and energy storage systems, and consumer electronics.

Automation
Disruptor
Environmental impact driven
Improving quality of life/health
Science and research driven
Social impact led
Sustainability
Tech for good

Culture

BYD promotes a culture focused on innovation, sustainability, and community. They emphasize a commitment to developing green technologies and products that contribute to a cleaner future. This focus on positive social impact is reflected in their dedication to building a strong American workforce, investing in local communities, and promoting diversity and inclusion through their DBE and MWBE programs.

DE&I

BYD's approach to diversity, equity, and inclusion focuses on building a diverse workforce by creating job opportunities and training programs, particularly for underserved populations. Their commitment is reflected in their partnership with SMART Local 105 and Antelope Valley College to establish a manufacturing apprenticeship program. BYD also actively participates in state and local procurements, seeking to provide Disadvantaged Business Enterprises (DBE) and Minority Women Business and Enterprises (MWBE) with opportunities to participate in the sourcing of components and materials for their products. This commitment to a diverse and inclusive workforce is fundamental to BYD's philosophy of promoting local economic development and creating a more equitable society.

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