WuXi Biologics Named to CDP Water Security "A List" for Second Consecutive Year
Rhea-AI Summary
WuXi Biologics (2269.HK) has been named to CDP's Water Security 'A List' for the second consecutive year, recognizing its leadership in corporate transparency and water security performance. The company achieved this distinction among over 25,000 evaluated companies based on CDP's 2024 Assessment Questionnaire.
As part of its environmental initiatives, WuXi Bio launched the Water Excellence Stewardship (WES) program, supporting UN Sustainable Development Goal 6. The company has set an ambitious target to reduce water consumption intensity by 30% by 2025 compared to 2019 levels. The WES program encompasses water governance, water balance, water quality, and safe water/environmental and personal hygiene (WASH).
The company has received multiple sustainability recognitions, including an MSCI AAA Rating, EcoVadis Platinum Medal, and inclusion in the Dow Jones Sustainability Indices. As a participant in the UN Global Compact and Pharmaceutical Supply Chain Initiative, WuXi Bio continues to demonstrate leadership in environmental stewardship.
Positive
- Achieved CDP Water Security 'A List' rating for second consecutive year
- Received multiple high-profile ESG ratings and recognitions (MSCI AAA, EcoVadis Platinum, DJSI listing)
- Clear environmental targets with 30% water consumption reduction goal by 2025
Negative
- None.
News Market Reaction
On the day this news was published, WXXWY declined 2.03%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Launching the Water Excellence Stewardship (WES) program to advance UN Sustainable Development Goal 6 (SDG6)
- Contributing to the 2025 World Water Day campaign to ensure the availability of water and sanitation for all
According to CDP's scoring methodology, companies are evaluated on their awareness of environmental issues, management methods and advancements in environmental stewardship. Assessments are conducted across four levels that represent the steps a company moves through on its action journey: Disclosure (D-/D score), Awareness (C-/C score), Management (B-/B score), Leadership (A/A- score).
Based on data reported through the CDP 2024 Assessment Questionnaire, WuXi Biologics achieved a score of "A" for Water Security, standing out among over 25,000 companies evaluated.
As a contributor to the United Nations Sustainable Development Goal 6 (SDG6), WuXi Biologics has adopted a systematic approach to enhance environment-friendly water management and help ensure the availability of water and sanitation for all. Various proactive measures regarding water are employed: measuring, avoiding, reducing and recycling. The company has set a target to reduce water consumption intensity by
Dr. Chris Chen, CEO of WuXi Biologics and Chairman of its ESG Committee, commented, "We are very pleased to be named once again on the CDP Water Security 'A' list, an acknowledgement that further inspires our steadfast dedication to enhancing our sustainability performance. As a global leader in Green CRDMO, we consistently deliver ESG excellence, enable partners worldwide to fulfill ESG commitments, and jointly work with all stakeholders to promote responsible practices throughout the entire value chain."
As a participant of the United Nations Global Compact (UNGC) and Pharmaceutical Supply Chain Initiative (PSCI), WuXi Biologics proactively advocates sustainability, and has earned widespread recognition for its efforts. It was granted an MSCI AAA Rating; awarded an EcoVadis Platinum Medal; listed in the Dow Jones Sustainability Indices (DJSI) for two consecutive years; included in the UNGC 20 Case Examples of Sustainable Development for 20 Years Collection for its world-leading green biologics solutions; recognized as a Sustainalytics industry and regional ESG top-rated company for five consecutive years; merited an "A-" CDP Climate Change score; selected as a Constituent of the FTSE4Good Index Series; and listed in the Hang Seng ESG 50 Index.
About CDP
CDP is a global non-profit that runs the world's only independent environmental disclosure system. As the founder of environmental reporting, the organization believes in transparency and the power of data to drive change. Partnering with leaders in enterprise, capital, policy and science, CDP surfaces the information needed to enable Earth-positive decisions. It helped more than 24,800 companies and 1,100 cities, states and regions disclose their environmental impacts in 2024. Financial institutions with more than a quarter of the world's institutional assets use CDP data to help inform investment and lending decisions. Aligned with the ISSB's climate standard, IFRS S2, as its foundational baseline, CDP integrates best-practice reporting standards and frameworks in one place. The team is truly global, united by a shared desire to build a world where people, planet and profit are truly balanced.
About WuXi Biologics
WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.
With over 12,000 skilled employees in
WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives green technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while consistently achieving excellence in Environment, Social and Governance (ESG). Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts and promote responsible practices that empower the entire value chain.
For more information about WuXi Biologics, please visit: www.wuxibiologics.com.
Contacts
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FAQ
What is WuXi Biologics' (WXXWY) water consumption reduction target for 2025?
What key components are included in WuXi Biologics' Water Excellence Stewardship program?
How many companies did CDP evaluate before awarding WuXi Biologics the A rating?
What major sustainability recognitions has WuXi Biologics received recently?
