WuXi AppTec Achieves Gold Medal in EcoVadis Sustainability Rating for the Second Year
WuXi AppTec Secures EcoVadis Gold Medal for Sustainability
WuXi AppTec, a prominent player in the pharmaceutical and life sciences sectors, has announced its achievement of the EcoVadis Gold Medal for the second consecutive year. This recognition is a testament to the company’s strong commitment to sustainability and its ongoing efforts to incorporate environmental and social responsibilities into its business framework.
EcoVadis, a well-regarded sustainability rating agency, assesses companies based on 21 criteria spread across four critical areas: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. Receiving the Gold Medal not only highlights WuXi AppTec's strategic initiative towards sustainability but also reinforces its position as a responsible entity in the industry.
Dr. Steve Yang, Co-CEO of WuXi AppTec and Chair of its Sustainability Committee, expressed pride in this accomplishment, stating, "We are honored to once again receive the EcoVadis Gold Medal. This recognition reflects the significant progress we have made in implementing sustainable development and robust practices throughout our entire value chain."
WuXi AppTec’s commitment to sustainability plays a pivotal role in its operations globally. The firm strategically integrates sustainable practices across various functions, enabling it to support its clients effectively while also making significant strides towards environmentally responsible business practices. Notably, WuXi AppTec has been recognized by several illustrious organizations over the past few years; it has maintained an MSCI ESG Leadership Rating for five consecutive years and has been part of the Dow Jones Sustainability Index for four years in a row.
In addition to the accolades from EcoVadis and others, WuXi AppTec has also achieved an A- Leadership rating in the CDP Climate Change assessment and has been recognized as a top-rated company by Morningstar Sustainalytics for its commitment to environmental, social, and governance (ESG) factors.
Furthermore, WuXi has successfully validated its near-term emissions reduction goals with the Science Based Targets initiative (SBTi). The company actively participates in global sustainability movements, including its involvement in the United Nations Global Compact (UNGC), reinforcing its dedication to ethical business practices.
With numerous partnerships across more than 30 countries and a vast network of nearly 6,000 partners, WuXi AppTec stands as a pivotal conduit for innovation within the healthcare sector. This multi-decade commitment not only helps advance healthcare innovation but also aligns with WuXi AppTec’s vision of making every drug and treating every disease more achievable through collaborative efforts.
As it moves forward, WuXi AppTec will continue to invest in and promote sustainability initiatives that contribute to global health solutions and responsible industry practices. With an ever-evolving landscape in the pharmaceutical industry, WuXi AppTec's persistent focus on sustainability positions it as a forward-thinking leader dedicated to fostering a healthier world for future generations.Through these efforts, the company is poised to remain a trusted and pivotal partner in fostering health innovation, ensuring they contribute positively to the communities they serve while maintaining high standards of environmental responsibility.