SHANGHAI, Feb. 21, 2024 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a leading global Contract Research, Development and Manufacturing Organization (CRDMO), announced it has been recognized as a 2024 Industry Top-Rated and Regional Top-Rated Company by Morningstar Sustainalytics' Environmental, Social and Governance (ESG) Ratings, marking the fourth consecutive year the company has achieved this honor.

Sustainalytics is a leading ESG data, research, and ratings firm that supports global investors with the development and implementation of responsible investment strategies. Its 2024 ESG Ratings cover more than 14,000 companies across 42 industries worldwide, with Top-Rated Badges given to those companies with the strongest ESG achievements. WuXi Biologics ranks in the top 2% of the nearly 1,000 companies assessed in the pharmaceutical sector.

Dr. Chris Chen, WuXi Biologics CEO and Chairman of the ESG Committee, commented, "We are very pleased to once again receive this honor from Morningstar Sustainalytics, which is a strong validation of and recognition for our sustainability efforts. WuXi Biologics will continue to enhance its ESG capabilities through our comprehensive strategy and refined practices, and to further advance sustainable business growth initiatives for the common good of the global community."

WuXi Biologics regards sustainability as the cornerstone of its business development. Over the past year, it has made notable ESG achievements. In June 2023, it signed the Science Based Targets initiative (SBTi) commitment letter, a new milestone towards the goal of net-zero. In September 2023, the company became a signatory to the United Nations Global Compact, demonstrating its sustainability commitment. WuXi Biologics' ESG efforts have been well recognized by global rating agencies, including an S&P Dow Jones Sustainability™ World Index listing, an MSCI AAA Rating, and an EcoVadis Platinum Medal.

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