Twist Bioscience Corporation.
TWST.US | Manufacture of pharmaceuticals, medicinal chemical and botanical products
Twist Bioscience Corporation is a synthetic biology company focused on developing a DNA synthesis platform to industrialize the engineering of biology. The company manufactures synthetic DNA-based products, including synthetic genes, tools for next-generation sequencing (NGS) sample preparation, and...Show More
Better Health for All
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No evidence available to assess Twist Bioscience Corporation on Better Health for All.
Fair Money & Economic Opportunity
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Twist Bioscience Corporation is a synthetic biology company
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and does not operate in the financial services sector.
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Therefore, KPIs related to lending, deposit services, financial products, APRs, fees, customer credit, savings, or financial literacy programs are not applicable to its core business model. The company's reported initiatives focus on internal diversity and inclusion,
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workforce development,
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and environmental sustainability,
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rather than financial inclusion or economic opportunity for underserved populations through financial services.
Fair Pay & Worker Respect
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The company's CEO to median employee pay ratio was 37:1 in 2024.
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Employee engagement survey results showed high scores, ranging from 84% to 94% on various engagement metrics, with 87% employee participation.
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No specific regulatory actions, violations, fines, or compliance issues were mentioned in the provided articles.
Fair Trade & Ethical Sourcing
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No evidence available to assess Twist Bioscience Corporation on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Twist Bioscience has established a confidential and anonymous financial concern hotline for complaints regarding accounting, internal accounting controls, or auditing matters.
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Messages are encrypted and delivered to the Chief Legal Officer and Chief Ethics and Compliance Officer under the direction of the Audit Committee, with anonymity permitted where legally feasible.
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The company is ISO 27001-certified (2022 revision) and undergoes annual audits by an accredited independent certification body.
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However, the extent of independent verification of ethical claims beyond this certification is not specified.
Kind to Animals
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No evidence available to assess Twist Bioscience Corporation on Kind to Animals.
No War, No Weapons
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No specific, concrete data points were found in the provided articles to assess Twist Bioscience against the defined KPIs for the 'No War, No Weapons' ethical value. While some articles mention general compliance with laws and ethical practices, they do not provide the quantitative or specific qualitative evidence required by the rubric's thresholds for any of the KPIs.
Planet-Friendly Business
-40
Twist Bioscience reported Scope 1 emissions of 6.27 metric tons CO2e and Scope 2 emissions of 14,315 metric tons CO2e for fiscal year 2023 across its US sites.
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The company has not reported Scope 3 emissions. The company diverted over 24,795 pounds of nitrile gloves from landfills by June 2024.
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In 2022, it diverted over 21,760 pounds of waste and 7,635 pounds of single-use plastics from landfills.
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Its updated packaging materials in 2023 are 50% recycled, and shipping packaging uses 37% recycled material.
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No regulatory actions, violations, fines, or compliance issues were mentioned in the provided articles.
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Respect for Cultures & Communities
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Twist Bioscience has at least five formal partnerships with local community groups, including collaborations with the Claude Nobs Foundation and ArtTech Foundation for the preservation of the Montreux Jazz Festival, and partnerships with local community colleges in California, Oregon, and Massachusetts.
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The company has reported no cultural appropriation incidents.
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It explicitly states that FPIC processes are not applicable to its operations.
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The company's project to preserve audio recordings from the Montreux Jazz Festival, a UNESCO Memory of the World Archive, using DNA storage is a form of cultural preservation investment.
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Twist Bioscience provides all employees with eight fully paid hours each year for volunteer opportunities in the community.
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The company has reflected on language potentially appropriated from Indigenous cultures, discussing terms like "powwow" and "lowest on the totem pole," indicating an awareness of cultural sensitivity.
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All employees and managers are mandated to complete training to prevent workplace and sexual harassment, which is a standard diversity training without specific cultural sensitivity components.
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Safe & Smart Tech
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Twist Bioscience has no documented data breaches in the provided articles. The company holds ISO 27001:2022 certification for its Information Security Management System and ISO 13485:2016 for the quality management system governing specific products, with annual audits by an independent body.
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All company employees receive Cybersecurity Awareness training, which includes yearly training, quarterly testing, and weekly informational campaigns.
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The company implements encryption for data at-rest and in-transit using Key Management Service (KMS).
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Authentication security includes Single Sign-On, Multi-factor Authentication, VPN, and certificate-based authentication.
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Vulnerability management involves continuous scanning and mitigation in code and services.
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Security testing includes annual penetration testing by an accredited third-party agency and continuous vulnerability scanning.
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The company collects various personal information and retains it for the period necessary to fulfill outlined purposes, or as required by law.
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Twist Bioscience adheres to the U.S. Office of Science and Technology Policy (OSTP) Framework for Nucleic Acid Synthesis Screening and states its privacy policy and practices align with applicable data protection laws.
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The company's privacy policy outlines user rights including access, rectification, erasure, restriction, portability, and objection to data processing.
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While the company mentions using AI in protein engineering and for internal security, there is no specific evidence regarding AI ethics governance, audit practices, or algorithmic transparency for its products.
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Zero Waste & Sustainable Products
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No specific, concrete data points relevant to Twist Bioscience Corporation's performance on Zero Waste & Sustainable Products were found in the provided article.
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Therefore, no KPIs could be scored.