Core Insights - WuXi AppTec has received validation from the Science Based Targets initiative (SBTi) for its near-term science-based emissions reduction targets, aligning with the goal of limiting global temperature rise to 1.5°C [1][2] - The company commits to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from 2024 levels and aims for a 25% reduction in absolute Scope 3 GHG emissions within the same timeframe [2] Sustainability Commitment - WuXi AppTec is implementing measures such as process optimization, equipment upgrades, and technological innovations to enhance energy efficiency and reduce carbon emissions [4] - The company is increasing its use of renewable energy through green electricity purchases and photovoltaic power generation facilities [4] - Collaboration with suppliers is a key strategy to reduce GHG emissions associated with purchased goods and services, promoting a low-carbon supply chain [4] Industry Recognition - WuXi AppTec has achieved an AA rating in MSCI ESG ratings for four consecutive years and has been included in the Dow Jones Sustainability Index (DJSI) for the same duration [5] - The company has received an A- Leadership rating in the CDP Climate Change rating for three consecutive years and has been recognized as an Industry and Regional ESG Top-Rated Company by Morningstar Sustainalytics [5] Global Engagement - WuXi AppTec has joined the United Nations Global Compact (UNGC) and the Pharmaceutical Supply Chain Initiative (PSCI) as a supplier partner to further its sustainability commitment [6] Company Overview - WuXi AppTec operates globally, providing a broad portfolio of R&D and manufacturing services to the pharmaceutical and life sciences industry, enabling advancements in healthcare [7] - The company supports around 6,000 customers from over 30 countries, aiming to improve health outcomes and realize the vision that "every drug can be made and every disease can be treated" [7]
WuXi AppTec Earns SBTi Validation for Near-Term Emissions Reduction Targets