Bellevue Group and sustainability

Corporate sustainability and transparency

Bellevue Group is committed to sustainable, responsible and values-driven business practices. We regard good business practices as a key factor for our success and as absolutely necessary for achieving our strategic corporate goals and creating sustainable value for company stakeholders – clients, employees, and shareholders – while acting in the interest of the interested public, the environment, the local community and society at large. We are aware that our entrepreneurial activity will inevitably have direct or indirect consequences on environmental, social and corporate governance issues and that these consequences are our responsibility.

True to our company’s guiding principles ("independent", "entrepreneurial", "dedicated"), we have a established a binding policy for our organization and our employees as regards ethical, responsible and sustainable business practices. Our ESG policy sets the standards and best practices we adhere to with respect to environmental, social and governance issues.

Besides environmental and governance aspects, we attach considerable importance to social issues; as a services provider, the added value we create for our clients is generated by and through our people. Aspects ranging from work culture and employee health to individual responsibility and an entrepreneurial mindset have a material impact on motivation levels and on the quality of the services we offer. Therefore our ESG policy also sets standards in regard to equality and the promotion of employee well-being and includes our guiding principles for employee incentive plans.

Integration of ESG criteria in investment processes and portfolios

Bellevue is increasingly addressing the issue of sustainability not only at the corporate level, but also in its investment practices and solutions. After refocusing its operations exclusively on institutional asset management, Bellevue Group will systematically review all of its investment portfolios for sustainability risks and breaches of elementary human rights (as defined, for example, by UN Global Compact principles) from 2020 onward. The first step in the corresponding optimization of our investment processes will be to apply standardized ESG measurement criteria at the portfolio level as well as to specific investments. In a second step, risk-related considerations based on the results of sustainability analysis will be weighted more heavily in the selection process for specific investments and in the overall portfolio construction process. Towards this end, our portfolio managers and research analysts will be supported by an independent external sustainability specialist, Sustainalytics, and MSCI ESG Research, who will assist us with their long-standing expertise and extensive data pools.

Signatory of UN PRI

Our commitment to sustainability is reflected in Bellevue Asset Management AG’s status as a signatory of the UN Principles for Responsible Investment (UN PRI). As a responsible institutional investor, we have always been bound to act in the best interests of our stakeholders over the long run. In our role as a fiduciary, we recognize that environmental, social and corporate governance (ESG) topics will have even more of an impact on the risk/return profiles of investment portfolios and on performance. We acknowledge that applying these principles will lead to a better alignment of investor interests with the broader aims and interests of society.

Bellevue Asset Management AG is also a signatory to EUROSIF's transparency code for sustainable investment products and its BB Adamant Sustainable Healthcare (Lux) Fund has been awarded the Austrian Ecolabel for sustainable financial products.