BeiGene - 1792 Exchange

Corporate Bias Rating

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Risk Level:

Medium Risk

Summary:

BeiGene is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. BeiGene occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria

Risk Level

Rationale

Corporate Weaponization

Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level

Rationale

BeiGene promotes divisive sex and gender policies. The company’s Supplier Code of Conduct requires international vendors to include sexual orientation in their nondiscrimination policy (1). However, the company has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs.

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level

Rationale

BeiGene’s charitable giving guidelines require that organizations abide by its nondiscrimination policy, including on the basis of sexual orientation and gender expression, thereby excluding some religious charities. The company evaluates employee matching “on a case-by-case basis” (1).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level

Rationale

BeiGene offers allyship training to its employees (1)(2). The company appears to prioritize diversity over merit in its recruitment and hiring. From its Environmental, Social, and Governance Report “We also worked to obtain more diverse candidate slates for positions in the U.S. and implemented training designed to eliminate bias during the interview process.” (2). The company does not provide viewpoint protections for its employees (3).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

BeiGene supports DEI within its business practices, hosting an Inclusion, Diversity, Equity, and Awareness (IDEA) Council (1). The company also offers a monthly Diversity, Equity, Inclsuion and Belonging (DEI&B) forum for its employees, covering topics including LGBTQ Pride. It employs a Global Head of Diversity & Health Equity (2). The company periodically reviews its corporate benefits to ensure they “are inclusive and support the needs of… the LGBTQ+ community” (3).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

BeiGene provides a benefits package for employees that covers travel/lodging costs for an abortion (1)(2). Otherwise, there are no publicly known cases of the company using corporate funds to advance ideological causes, organizations, or policies (3).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level

Rationale

BeiGene does not operate a PAC at this time and has not lobbied for ideological purposes (1)(2)(3).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.