WuXi AppTec Named to FTSE4Good Index for Fourth Consecutive Year
WuXi AppTec, a global pharmaceutical R&D and manufacturing services company, has been included in the FTSE4Good Index Series for the fourth year running. This recognition highlights the company's sustained commitment to sustainability practices.
Shanghai-based WuXi AppTec, a contract research, development, and manufacturing organization (CRDMO), has been named a constituent of the FTSE4Good Index Series for the fourth consecutive year. The index, managed by FTSE Russell, tracks companies demonstrating strong sustainability practices.
In the latest assessment, WuXi AppTec achieved top scores of 5 points in Corporate Governance, Anti-Corruption, and Labor Standards. This inclusion underscores the company's ongoing efforts to integrate environmental, social, and governance (ESG) principles into its operations.
"We are honored to be recognized once again as a constituent of the FTSE4Good Index Series. This acknowledgement affirms the capital markets' confidence in WuXi AppTec's sustainable management practices," said Dr. Steve Yang, Co-CEO of WuXi AppTec. He added that the company will continue to strengthen its responsible business practices.
The company's sustainability performance has also been recognized by other rating agencies, including MSCI and CDP. WuXi AppTec's near-term greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi).