WuXi Biologics (“WuXi Bio”) (2269.HK), a global CRDMO service company, has been recognized as the Industry Top-Rated Company in 2022 by Sustainalytics, a global provider of Environmental, Social and Governance (ESG) related research, ratings and data. This is the second year in a row that WuXi Biologics has received this recognition.

Sustainalytics’ ESG Risk Ratings evaluate over 14,000 companies across 42 industries worldwide, measuring each company’s exposure to industry-specific material ESG risks and analyzing how well a company is managing them. As the results released in February 2022, WuXi Biologics was assessed as Low Risk by Sustainalytics and ranked top 4% in the industry.

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Dr. Chris Chen, WuXi Biologics’ CEO and Chairperson of the ESG Committee, commented, “We are very proud to receive such a positive rating from Sustainalytics. Sustainability is at the core of our business strategy, and we firmly believe that ESG plays a critical role in our long-term success. As a global biologics CRDMO service company, WuXi Biologics has been committed to enabling our partners to discover, develop, and manufacture biologics for the benefit of patients worldwide.”

WuXi Biologics regards ESG as the cornerstone of the company’s sustainable development. In 2021, the company established an ESG Committee at the board level and built a dedicated ESG team to ensure ESG guidelines are integrated into company strategies and daily operations. A recent third-party survey has shown that the company’s core competence – including compliance management, risk control, product quality, and social and environmental responsibility – is highly recognized by its stakeholders.

Source: WuXi Biologics