WuXi AppTec Commits to Sustainable Pharmaceutical Practices

WuXi AppTec Partners with PSCI for Sustainable Practices

WuXi AppTec, a leading global organization dedicated to innovations in the pharmaceutical and life sciences sectors, recently made a significant move by becoming a Supplier Partner in the Pharmaceutical Supply Chain Initiative (PSCI). This partnership highlights the company's ongoing dedication to responsible business practices and building a resilient supply chain.

Understanding the Pharmaceutical Supply Chain Initiative

The PSCI stands out as a prominent non-profit association composed of various pharmaceutical and healthcare companies dedicated to promoting responsible value chains. It has developed three main areas of influence: Audit, Capability, and Projects, which collectively aim to improve safety, environmental standards, and social outcomes within the industry. WuXi AppTec's participation reflects its commitment to the principles upheld by PSCI.

Comments from Leadership

In expressing his enthusiasm for the partnership, Edward Hu, Vice Chairman of WuXi AppTec, stated, "We are pleased to join the PSCI as a Supplier Partner and reaffirm our commitment to fostering responsible business practices across the global supply chain. This partnership signifies our ongoing support for our customers, helping them deliver innovative new therapies to patients while working towards a more sustainable future."

WuXi AppTec's Commitment to ESG Principles

WuXi AppTec is not only recognized as an innovator and trusted partner in the global pharmaceutical field but also actively integrates Environmental, Social, and Governance (ESG) criteria into its business operations. The company has achieved notable distinctions, ranking first in the Global Life Sciences Tools & Services category during S&P Global’s Corporate Sustainability Assessment in 2024. Furthermore, WuXi AppTec received a gold medal in the EcoVadis sustainability rating, indicating its strong commitment to sustainable practices.

Recognition and Awards

In addition to its impressive rankings, WuXi AppTec earned a place on the 2024 Dow Jones Sustainability Indices and maintained an AA rating from MSCI ESG for four years in a row. In both 2023 and 2024, the company was acknowledged in the S&P Global Sustainability Yearbook and listed in the FTSE4Good Index Series. These accolades illustrate WuXi AppTec's tireless work toward sustainability and responsible practices.

Further Contributions to Global Sustainability

Aligned with its ongoing commitment to ecological and social responsibility, WuXi AppTec joined the United Nations Global Compact (UNGC) in 2024 to support its ten sustainability principles. Additionally, in 2023, the company became part of the Science Based Targets initiative (SBTi), which aims to provide a framework for reducing carbon emissions across industries. This participation reflects the company’s priority on implementing actionable measures for a sustainable future.

About WuXi AppTec

With a strong presence across Asia, Europe, and North America, WuXi AppTec offers an expansive range of research and development (R&D) and manufacturing services. It empowers the global pharmaceutical and life sciences sectors to innovate and deliver transformative therapies to patients. By leveraging its end-to-end service model that includes chemistry drug CRDMO (Contract Research, Development, and Manufacturing Organization), biology discovery, and advanced therapies CTDMO, WuXi AppTec provides cost-effective solutions that enhance productivity in health care delivery.

As of 2024, the organization received an AA ESG rating from MSCI for its continuing commitment to responsible practices. Through its open-access platform, WuXi AppTec supports over 6,000 clients across more than 30 nations, all aiming to improve health outcomes and contribute to the belief that every drug can be developed and every disease treated.

Frequently Asked Questions

What is WuXi AppTec’s new partnership about?

WuXi AppTec has joined the Pharmaceutical Supply Chain Initiative (PSCI) as a Supplier Partner, aiming to enhance responsible business practices in the pharmaceutical industry.

How does WuXi AppTec contribute to sustainability?

WuXi AppTec incorporates ESG principles in all operations and has received numerous sustainability rankings and awards for its commitment to responsible practices.

Who leads WuXi AppTec’s sustainability efforts?

Edward Hu, the Vice Chairman of WuXi AppTec, champions the company's sustainability initiatives and participation in organizations like PSCI and UNGC.

What is the significance of the PSCI?

The PSCI drives responsible value chains in the pharmaceutical sector through audits, capabilities enhancement, and impactful projects for safety and environmental standards.

Where does WuXi AppTec operate?

WuXi AppTec operates globally, with significant activities in Asia, Europe, and North America, offering a wide range of R&D and manufacturing services.

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