WuXi Biologics (“WuXi Bio”) (2269.HK), a global leader in Contract Research, Development, and Manufacturing Organization (CRDMO) services, has received an AAA rating from Morgan Stanley Capital International (MSCI) ESG Ratings for the second consecutive year. This prestigious recognition acknowledges the company’s exceptional performance in key areas including Product Safety and Quality, Human Capital Development, Corporate Governance, Corporate Behavior, and Climate Change.
MSCI ESG Ratings evaluate a company’s ability to manage long-term Environmental, Social, and Governance (ESG) risks, ranking them on an industry-relative scale from AAA (leaders) to CCC (laggards). WuXi Biologics’ AAA rating highlights its resilience and strong ESG management practices compared to peers. Earlier in 2024, WuXi Biologics was also included in several ESG & Climate Change Indexes, such as the MSCI 2024 ESG Leaders Indexes, recognizing its leadership in sustainability.
Dr. Chris Chen, CEO of WuXi Biologics and Chairman of the ESG Committee, stated, “We are proud to once again receive the highest MSCI rating, a testament to our unwavering commitment to sustainability and responsible business practices. This recognition further motivates us to advance our ESG efforts, pushing the boundaries of sustainability in the biologics CRDMO industry for a healthier, greener future.”
Aligned with the United Nations Sustainable Development Goals, WuXi Biologics continues to drive sustainable development through initiatives such as its participation in the United Nations Global Compact and the Science Based Targets initiative (SBTi).
The company’s commitment to sustainability has been recognized globally by major ESG rating agencies. It holds a Platinum Medal from EcoVadis, is listed in the DJSI World and Emerging Markets Indexes, and has been rated an Industry and Regional Top-Rated Company by Sustainalytics. WuXi Bio has also earned an “A-” CDP Climate Change score and is featured in the CDP Water Security A-list, FTSE4Good Index Series, and Hang Seng ESG 50 Index.
