BEL exists to help elevate the standard of living for Indigenous residents of Bamaga and the Northern Peninsula Area (NPA). It is a public company and its objectives include relieving poverty and financial hardship of those in necessitous circumstances and supporting and assisting the community generally by way of sponsorships, donations and community infrastructure. This is achieved through its Socio Support Policy which reinvest profits back into the community.

Although BEL operates in a commercially profit-orientated environment, as an Indigenous community-owned company, BEL has objectives other than those related to profit maximisation. The organisation considers its social, charitable, environmental and community development responsibilities and carefully balances these two components.