MASHINIi

BB BIOTECH.

BBZA.XETRA | Trusts, funds and similar financial entities

BB BIOTECH AG is an investment company primarily focused on investing in companies in the biotechnology sector. The company invests globally, with a focus on companies developing and marketing innovative medicines and therapies. BB Biotech actively manages its portfolio, making investment decisions ...Show More

Ethical Profile

Mixed.

BB Biotech AG, an investment company, focuses on advancing health by funding biotechnology firms developing new medicines, including Moderna's RSV vaccine and Casgevy. The company maintains formal exclusion criteria for controversial industries and aims for net-zero CO2 emissions by 2050, reporting low direct emissions (32 tCO₂e Scope 1, 44 tCO₂e Scope 2 in 2024). BB Biotech has an independent board, implemented a whistleblowing policy in 2022, and received an "A" MSCI ESG rating. However, reports suggest a lack of specific data on drug price accessibility, clinical trial ethics within its portfolio, and internal fair pay practices, limiting a comprehensive ethical assessment.

Value Scores

Better Health for All50
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect60
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business50
-100100
Kind to Animals0
-100100
No War, No Weapons10
-100100
Planet-Friendly Business-50
-100100
Respect for Cultures & Communities-20
-100100
Safe & Smart Tech-10
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

50

BB Biotech invests 100% of its assets in the healthcare sector, specifically in biotechnology companies developing novel drugs and therapies for unmet medical needs.

1
Its portfolio companies received multiple new drug approvals in 2024, including Casgevy for beta thalassemia and severe sickle cell disease, Nexletol for cardiovascular risk reduction, mResvia for RSV infection, Vyvgart Hytrulo for chronic inflammatory demyelinating polyneuropathy, Axatilimab for graft-versus-host disease, Crenessity for congenital adrenal hyperplasia, Tryngolza for familial chylomicronemia syndrome, and Alyftrek for Cystic fibrosis.
2
The company has maintained 0% revenue from controversial business segments such as weapons, thermal coal, tobacco, adult entertainment, gambling, and palm oil since its founding in 1993.
3
As an investment company, 100% of its capital allocation is directed towards health improvement.
4

Fair Money & Economic Opportunity

0

BB Biotech AG is an investment company focused on the biotechnology sector, not a financial institution that offers lending, insurance, or deposit services to consumers.

1
The provided articles consistently state that data related to 'Fair Money & Economic Opportunity' metrics, such as underserved client share, pricing fairness, exploitative fees, or inclusion initiatives, is not applicable to the company's core business.
2
Therefore, all KPIs are scored as 0, indicating that the company does not operate in the consumer financial services sector relevant to this ethical value.
3

Fair Pay & Worker Respect

60

The company reports no work-related fatalities or incidents. A salary analysis conducted in August 2023 using the federal government's standard software ("Logib") identified no gender effect.

1
The employee turnover rate was 2.90% in 2021.
2
Furthermore, no complaints or reports of discrimination have been received via the whistleblowing system.
3
All employees are on permanent contracts.
4

Fair Trade & Ethical Sourcing

0

BB Biotech AG is an investment company, and the provided articles primarily detail its ESG integration and exclusion criteria for its investment portfolio, rather than its own operational supply chain. There is no specific, quantifiable evidence regarding the company's direct procurement practices, such as the percentage of fair-trade certified spend, supplier audit frequencies, instances of forced or child labor in its own supply chain, traceability coverage, remediation speed for its own suppliers, ethical clauses in its supplier contracts, or the share of spend on high-risk materials. While the company states a preference for local suppliers and pre-qualifies them for compliance

1
, no specific metrics are provided to score against the rubric's KPIs.

Honest & Fair Business

50

All board members are independent, having no executive functions at the company or its subsidiaries in the last three years, nor serving as lead auditor of the Company's auditors in the last two years, and maintaining no business relations with the company or its subsidiaries.

1

Kind to Animals

0

No specific, concrete data points were found in the provided articles to assess BB Biotech (BBZA.XETRA) against any of the 'Kind to Animals' KPIs. The company is an investment firm, and while its portfolio companies operate in the biotechnology sector, the articles do not provide information on their animal welfare practices, animal testing policies or volumes, use of alternative testing methods, cruelty-free certifications, ethical sourcing, or engagement in animal welfare policy or conservation initiatives.

1

No War, No Weapons

10

BB Biotech maintains a 0% revenue threshold for the exclusion of companies involved in controversial weapons

1
and a 10% revenue threshold for conventional weapons from its investment portfolio
2
. As of December 2023, its portfolio had 0 companies involved in either category
3
, indicating a clear corporate ban on military sales in its investments. These ethical red lines are codified in its policy
4
. Bellevue Asset Management, BB Biotech's investment manager, updates an exclusion list quarterly
5
, which comprises nearly 900 issuers excluded from all investment universes
6
. Bellevue Asset Management is also committed to complying with the UN Guiding Principles for Business and Human Rights
7
and excludes companies that seriously contravene these principles
8
.

Planet-Friendly Business

-50

BB Biotech AG and its investment manager, Bellevue Asset Management, have a net-zero carbon emissions target by 2050

1
and aim to reduce CO2 emissions per employee by 30% by 2030,
2
but these targets are not stated as SBTi-validated. The company offsets 100% of its CO2 emissions through high-quality climate projects in Switzerland, achieving "Gold certificate" status from Swiss Climate for the fifth consecutive year.
3
BB Biotech has considered TCFD recommendations for the second consecutive year
4
and is working to identify and assess climate-related risks.
5

Respect for Cultures & Communities

-20

The investment manager, Bellevue Asset Management, recruited 11.4% of its workforce from local communities in 2024.

1

Safe & Smart Tech

-10

The company retains contract-related personal data for ten years beyond the termination of the contractual relationship.

1
It processes personal data in accordance with the Swiss Data Protection Act (FADP)
2
and is committed to transparency under the EU Sustainable Finance Disclosure Regulation (SFDR)
3
, as well as other legal and regulatory obligations in Switzerland and abroad.
4
All Bellevue employees complete annual e-learning modules in cybersecurity.
5
The company states it takes appropriate technical and organizational security measures to protect personal data from unauthorized access and misuse, with no documented incidents.
6
Users are provided with industry-standard data protection rights, including the right to revoke consent, access, rectify, erase, restrict processing, object, and data portability.
7

Zero Waste & Sustainable Products

-40

The company has implemented several waste reduction initiatives, including waste collection and recycling systems for materials like cardboard, PET, glass, paper, batteries, and IT equipment across all office locations.

1
Measures are in place to reduce paper consumption, such as using notebooks and tablets for presentations and video calls.
2
The company also uses water filtering devices to reduce PET bottle consumption
3
and washable dishes instead of disposables.
4
For hazardous waste, systems are established to collect and recycle batteries and IT equipment, ensuring waste is separated and disposed of properly.
5
There have been no reported waste disposal violations in 2023 or 2024.
6

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.