Latest news with #UNGC
Yahoo
26-05-2025
- Business
- Yahoo
FinVolution's BRAVOSHOPS to Boost 1,500 SMEs across Asia, Debuts at UN Global Compact BRI Action Platform Summit
JAKARTA, Indonesia, May 26, 2025 /PRNewswire/ -- FinVolution Group (NYSE: FINV), a leading fintech company, has launched its "BRAVOSHOPS" pilot initiative to support small and micro businesses across pan-Asian countries. The Company introduced the initiative at a summit held in Indonesia on May 25, co-organized by the Government of Indonesia and the UNGC BRI Action Platform. The summit brought together global stakeholders to advance sustainable development across key sectors, including SME empowerment, green innovation, education, and energy transition. During the summit, members of the UN Global Compact unveiled nine flagship pilot initiatives, with FinVolution presenting its BRAVOSHOPS initiative as part of this global effort. Notably, FinVolution's BRAVOSHOPS initiative seeks to empower community-rooted small businesses that demonstrate a commitment to social responsibility and cultural heritage. The initiative builds on FinVolution's experience supporting over 70 small shops in China since 2023. Through a combination of physical upgrades, public engagement, and targeted financial support, the program enhances the visibility, functionality, and impact of participating stores. As part of its regional expansion, BRAVOSHOPS aims to empower at least 1,500 small businesses across China, Indonesia, the Philippines, and other Asian countries between 2025 and 2030. The initiative reflects FinVolution's long-term commitment to inclusive growth and sustainable livelihoods. Building Change from the Ground Up As FinVolution actively expands the BRAVOSHOPS initiative, two newly supported businesses in Indonesia exemplify the model's impact. In Cianjur, West Java, young agricultural entrepreneur Agus Surya founded a tool shop after graduating from university. His store provides essential farming equipment to rural communities and serves as a hub for agricultural education. "Running an agribusiness is about more than profit and loss — it's about making a meaningful impact," Agus said. Responding to his needs, BRAVOSHOPS helped modernize his storefront and display units, giving his shop a fresh, professional look. Agus hopes his revitalized store will serve as a stronger support system for local farmers. Also, among the early beneficiaries of BRAVOSHOPS in Indonesia is Ms. Vonny Waty, a seasoned chef from Manado, Sulawesi, who has over 15 years of culinary experience. Currently based in Jakarta, she runs a small food stall serving traditional dishes to nearby office workers. However, Vonny had long struggled with limited resources. She faced challenges expanding her business due to a lack of refrigeration and storage, which limited her ability to preserve ingredients and diversify her menu. Through the BRAVOSHOPS initiative, FinVolution provided essential equipment — including a refrigerator, storage cabinets, and a large-capacity rice cooker — enabling Vonny to improve food safety, stabilize her operations, and expand her offerings. As a result, her income has grown, and she has become a role model for other aspiring women entrepreneurs in her community, demonstrating the transformative power of targeted, practical support. Scaling Impact Across Borders FinVolution's BRAVOSHOPS initiative was first launched in late 2023 in China as a public-interest initiative designed to support small businesses deeply rooted in their local communities. The program focused on identifying microenterprises that not only provided goods or services but also played a meaningful role in fostering social cohesion and local well-being. Early beneficiaries included a neighborhood barbershop offering monthly free haircuts to elderly residents, a rural reading space organizing volunteer-led literacy sessions for children, and a cafe that created employment opportunities for individuals with hearing impairments. By the end of 2024, BRAVOSHOPS had made a measurable impact, directly benefiting more than 15,000 people across a range of underserved groups, including seniors, children, and marginalized individuals. The initiative proved that even small-scale interventions — when guided by a deep understanding of community needs — can yield meaningful and lasting social value. This success laid the foundation for the program's expansion beyond China, demonstrating its potential as a replicable model for empowering local economies and advancing inclusive development. FinVolution's decision to expand BRAVOSHOPS to Southeast Asia further underscores the initiatives' broader relevance and affirms the Company's leadership in creating value through localized, socially responsible solutions. Leading the Way in Sustainable Financial Innovation Since joining the UN Global Compact in 2022, FinVolution has aligned its business strategies with the UN Sustainable Development Goals (SDGs), strengthening its ESG practices across its operations. The Company's ESG effort has earned international recognition, with Morningstar Sustainalytics rating the firm as a "Low Risk" performer — ranking it among the top 15% of diversified financial firms worldwide. FinVolution also achieved scores above the industry average in the S&P Global Corporate Sustainability Assessment. Looking ahead, FinVolution aims to scale its inclusive finance efforts by partnering with more organizations, and harnessing its technological and platform strengths to help create a more equitable, inclusive, and sustainable economic environment across Asia and beyond. View original content to download multimedia: SOURCE FinVolution Group
Yahoo
25-05-2025
- Business
- Yahoo
JA Solar with 23 Leading Solar Companies unveils the first Initiative for Global Solar Sustainable Alliance at UNGC's summit
JAKARTA, Indonesia, May 25, 2025 /CNW/ -- On May 25, 2025, at the UN Global Compact (UNGC)'s Inaugural Global Business Summit in Jakarta, a total of 24 global leading solar companies including JA Solar, Jinko Solar, Tongwei, LONGi, GCL Group and other core upstream suppliers, collectively released the initiative for "Global Solar Sustainable Alliance (GSSA)". Distinguished leaders across government, industry and academia attended the summit, including United Nations Global Compact Assistant Secretary-General and CEO Sanda Ojiambo, United Nations Resident Coordinator in China Siddharth Chatterjee , Chairman of the National Economic Council of the Republic of Indonesia H.E. Luhut B. Pandjaitan, Founder and co-chairman of Bridgewater Associates Ray Dalio, President of the China Electricity Council Bao'an Xin, Chairman of Xiamen Airlines Dong Zhao, Founder and Chairman of GCL Gongshan Zhu. At this critical juncture of global energy transition, the solar industry, as a cornerstone of renewable energy, serves as a pivotal solution to combat climate change and achieve carbon neutrality goals. Amid rapid industry growth, leading enterprises have jointly launched this initiative to address social and environmental challenges and advance sustainable development. Committed to delivering clean energy globally, the Initiative aims to strengthen sustainability across the entire value chain — promoting green mineral sourcing from the source, protecting ecosystems and biodiversity, building an equitable society for common good, and driving inclusive growth. Aligned with the UNGC Ten Principles and Sustainable Development Goals (SDGs), the Initiative outlines 9 actionable pathways across three pillars, advancing ESG progress across the solar value chain and promoting its positive impact on the international market. The GSSA initiative has garnered strong endorsement from the UNGC. Meng Liu, UNGC China Representative, stated: "We commend the global solar industry, particularly Chinese photovoltaic enterprises, for their contributions to advancing the global energy transition, and we welcome the launch of this initiative. Closely aligned with the principles of the United Nations Global Compact, the Initiative underscores corporate responsibilities in environmental protection, human rights safeguards, and sound governance. We look forward to the solar industry setting an exemplary model for global sustainable development through collective action." Jing Li, Vice President of Branding and Sustainability Officer of JA Solar, officially launched this GSSA Initiative at the event, and introduced JA Solar's newly constructed responsible supply chain strategy with the theme of "Together Towards Tomorrow", which aims to promote the multi-stakeholders along the industry's value chain to evolve towards a sustainable future. UNGC encourages more solar companies and supply chain partners to join this initiative and jointly advance the sustainable development of the industry. To truly fulfill the summit's vision of 'Better Business, Better World: Accelerating the SDGs', the first co-signatories pledge to collaboratively develop a concrete action roadmap with stakeholder engagement, to ensure effective implementation of the Initiative. Appendix : Global Solar Sustainable Alliance (GSSA) As the backbone of renewable energy, the global solar sector provides consumers, industries, and society with affordable and reliable clean energy. It has made remarkable contributions to advancing global energy transition and promoting sustainable development, with immense potential yet to be realized. On the other hand, after decades of growth, the social and environmental footprints of the solar industry, particularly the associated risks across its supply chain—have increasingly emerged. These challenges pose significant obstacles to unleashing the industry's full potential and achieving its own sustainable development. In light of this, we, as the undersigned photovoltaic enterprises and supply chain participants, guided by the Ten Principles of the United Nations Global Compact and the UN Sustainable Development Goals (SDGs), hereby launch the Global Solar Sustainable Alliance (GSSA). We call on all companies in the industry and its supply chains to adopt sustainability principles and strategies, and actively undertake the following actions: I. Just Transition: Safeguarding the green ecosystems and environment a) Reduce pollution, conserve resources, improve environmental management, implement clean production, and promote a circular economy. b) Cut energy consumption and carbon emissions, adapt to climate change, establish science-based greenhouse gas reduction targets, and achieve net-zero emissions as soon as possible. c) Protect biodiversity and ecosystems, promoting green mining from origins of materials, ensuring zero deforestation and no net loss of biodiversity. II. People-Centric Development: Building an Equitable Society for Common Good a) Respect and protect workers' fundamental rights, create gender-responsive, diverse, inclusive, safe, and healthy workplaces, and enhance employees' skills and development potential. b) Advance responsible procurement and marketing practices, implement human rights due diligence in supply chains, improve value chain transparency, traceability, and collaborative mechanisms, and strengthen supply chain resilience. c) Plan PV projects in alignment with local conditions, respect the rights of communities and residents, and leverage industry expertise to support community and social development. III. Governance Enhancement: Driving Inclusive Growth a) Optimize corporate governance structures, enhance professionalism and diversity in governance mechanisms, improve investor relations management, and protect the rights of minority shareholders. b) Operate with integrity and compliance, oppose all forms of unfair competition practices, proactively uphold a sound market order, and foster the healthy development of the industry. c) Strengthen internal and external oversight systems, conduct standardized information disclosure and regular tracking of progress and targets, and establish multi-channel stakeholder engagement and dialogue mechanisms. Building on the above consensus, we will pool wisdom and resources, engage in full collaboration, and establish a concrete action roadmap with the participation and support of multi-stakeholders to ensure the effective implementation of the GSSA Initiative. View original content to download multimedia: SOURCE JA Solar Technology Co., Ltd. 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Cision Canada
25-05-2025
- Business
- Cision Canada
JA Solar with 23 Leading Solar Companies unveils the first Initiative for Global Solar Sustainable Alliance at UNGC's summit
JAKARTA, Indonesia, May 25, 2025 /CNW/ -- On May 25, 2025, at the UN Global Compact (UNGC)'s Inaugural Global Business Summit in Jakarta, a total of 24 global leading solar companies including JA Solar, Jinko Solar, Tongwei, LONGi, GCL Group and other core upstream suppliers, collectively released the initiative for "Global Solar Sustainable Alliance (GSSA)". Distinguished leaders across government, industry and academia attended the summit, including United Nations Global Compact Assistant Secretary-General and CEO Sanda Ojiambo, United Nations Resident Coordinator in China Siddharth Chatterjee , Chairman of the National Economic Council of the Republic of Indonesia H.E. Luhut B. Pandjaitan, Founder and co-chairman of Bridgewater Associates Ray Dalio, President of the China Electricity Council Bao'an Xin, Chairman of Xiamen Airlines Dong Zhao, Founder and Chairman of GCL Gongshan Zhu. At this critical juncture of global energy transition, the solar industry, as a cornerstone of renewable energy, serves as a pivotal solution to combat climate change and achieve carbon neutrality goals. Amid rapid industry growth, leading enterprises have jointly launched this initiative to address social and environmental challenges and advance sustainable development. Committed to delivering clean energy globally, the Initiative aims to strengthen sustainability across the entire value chain — promoting green mineral sourcing from the source, protecting ecosystems and biodiversity, building an equitable society for common good, and driving inclusive growth. Aligned with the UNGC Ten Principles and Sustainable Development Goals (SDGs), the Initiative outlines 9 actionable pathways across three pillars, advancing ESG progress across the solar value chain and promoting its positive impact on the international market. The GSSA initiative has garnered strong endorsement from the UNGC. Meng Liu, UNGC China Representative, stated: "We commend the global solar industry, particularly Chinese photovoltaic enterprises, for their contributions to advancing the global energy transition, and we welcome the launch of this initiative. Closely aligned with the principles of the United Nations Global Compact, the Initiative underscores corporate responsibilities in environmental protection, human rights safeguards, and sound governance. We look forward to the solar industry setting an exemplary model for global sustainable development through collective action." Jing Li, Vice President of Branding and Sustainability Officer of JA Solar, officially launched this GSSA Initiative at the event, and introduced JA Solar's newly constructed responsible supply chain strategy with the theme of "Together Towards Tomorrow", which aims to promote the multi-stakeholders along the industry's value chain to evolve towards a sustainable future. UNGC encourages more solar companies and supply chain partners to join this initiative and jointly advance the sustainable development of the industry. To truly fulfill the summit's vision of 'Better Business, Better World: Accelerating the SDGs', the first co-signatories pledge to collaboratively develop a concrete action roadmap with stakeholder engagement, to ensure effective implementation of the Initiative. Appendix : Global Solar Sustainable Alliance (GSSA) As the backbone of renewable energy, the global solar sector provides consumers, industries, and society with affordable and reliable clean energy. It has made remarkable contributions to advancing global energy transition and promoting sustainable development, with immense potential yet to be realized. On the other hand, after decades of growth, the social and environmental footprints of the solar industry, particularly the associated risks across its supply chain—have increasingly emerged. These challenges pose significant obstacles to unleashing the industry's full potential and achieving its own sustainable development. In light of this, we, as the undersigned photovoltaic enterprises and supply chain participants, guided by the Ten Principles of the United Nations Global Compact and the UN Sustainable Development Goals (SDGs), hereby launch the Global Solar Sustainable Alliance (GSSA). We call on all companies in the industry and its supply chains to adopt sustainability principles and strategies, and actively undertake the following actions: I. Just Transition: Safeguarding the green ecosystems and environment a) Reduce pollution, conserve resources, improve environmental management, implement clean production, and promote a circular economy. b) Cut energy consumption and carbon emissions, adapt to climate change, establish science-based greenhouse gas reduction targets, and achieve net-zero emissions as soon as possible. c) Protect biodiversity and ecosystems, promoting green mining from origins of materials, ensuring zero deforestation and no net loss of biodiversity. II. People-Centric Development: Building an Equitable Society for Common Good a) Respect and protect workers' fundamental rights, create gender-responsive, diverse, inclusive, safe, and healthy workplaces, and enhance employees' skills and development potential. b) Advance responsible procurement and marketing practices, implement human rights due diligence in supply chains, improve value chain transparency, traceability, and collaborative mechanisms, and strengthen supply chain resilience. c) Plan PV projects in alignment with local conditions, respect the rights of communities and residents, and leverage industry expertise to support community and social development. III. Governance Enhancement: Driving Inclusive Growth a) Optimize corporate governance structures, enhance professionalism and diversity in governance mechanisms, improve investor relations management, and protect the rights of minority shareholders. b) Operate with integrity and compliance, oppose all forms of unfair competition practices, proactively uphold a sound market order, and foster the healthy development of the industry. c) Strengthen internal and external oversight systems, conduct standardized information disclosure and regular tracking of progress and targets, and establish multi-channel stakeholder engagement and dialogue mechanisms. Building on the above consensus, we will pool wisdom and resources, engage in full collaboration, and establish a concrete action roadmap with the participation and support of multi-stakeholders to ensure the effective implementation of the GSSA Initiative.
Cision Canada
20-05-2025
- Business
- Cision Canada
NGEx Releases 2024 Sustainability Summary
VANCOUVER, BC, May 20, 2025 /CNW/ - NGEx Minerals Ltd. ("NGEx", "NGEx Minerals" or the "Company") (TSX: NGEX) (OTCQX: NGXXF) is pleased to announce the release of its 2024 Sustainability Summary which highlights the Company's ongoing efforts to integrate sustainability into its business practices as it advances the Lunahuasi and Los Helados copper-gold-silver projects in Argentina and Chile, respectively. PDF Version View PDF Wojtek Wodzicki, President and CEO, commented, "At NGEx, we recognize that our role and impact extend beyond exploration. Our Lunahuasi and Los Helados projects are key assets within the broader Vicuña District, with the potential to become an important part of the global effort to transition to a low-carbon economy, and as our projects grow, so does our focus on environmental, social and governance initiatives. Our 2023 Sustainability Summary provided evidence of our commitment to sustainability, but this year's Summary underscores the significant progress we have made and reflects our ongoing commitment and efforts to conduct responsible mineral exploration and development. We are proud of our accomplishments this year and have identified areas for continuous improvement in 2025 and beyond." Highlights from NGEx's 2024 Sustainability Summary: Zero fatalities across all operations and consistent implementation of health and safety protocols. Delivered 1,766 hours of safety training and awareness programs to employees and contractors in 2024. Conducted a comprehensive materiality assessment, that directly informed the development of NGEx's Sustainability Framework, which serves as the foundation for integrating sustainability priorities across departments, embedding key actions into operations through a phased approach. Established Board oversight and management accountability over sustainability matters and adopted a Responsible Mineral Exploration and Development Policy. Employed over 95% of our Workforce 1 from Argentina, including 65% from the Province of San Juan, in 2024. Joined the United Nations Global Compact ("UNGC"), committing to its ten principles and Sustainable Development Goals. NGEx's Sustainability Summary is guided by its Sustainability Framework, which is aligned with the principles of the UNGC. As a participant of the UNGC, the 2024 Sustainability Summary is part of our Communication on Progress commitment. NGEx's Sustainability Summary is available for download on the Company's website. _____________________________ 1 As defined in the 2024 Sustainability Summary About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada, focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina, and the nearby Los Helados copper-gold project located approximately nine kilometres to the northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 30% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 70% stake in Caserones. The Company's common shares are listed on the TSX under the symbol "NGEX" and also trade on the OTCQX under the symbol "NGXXF". NGEx is part of the Lundin Group of Companies. Additional information relating to NGEx may be obtained or viewed on SEDAR+ at Additional Information Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to, statements regarding: the emergence of the Vicuña District as a mining district of global significance and its role in the transition to a low-carbon economy; the potential importance or strategic value of the Company's assets in that context; the Company's continued participation in the United Nations Global Compact (UNGC); NGEx's goals and initiatives related to the environment, community engagement, and corporate governance; the ongoing integration of sustainability priorities into operations through NGEx's Sustainability Framework; the Company's commitment to maintaining strong health and safety practices, including workforce training and well-being initiatives; the Company's intention to uphold Board oversight and management accountability over sustainability matters; NGEx's ongoing commitment to responsible mineral exploration and development; and the Company's intention to pursue continuous improvement in its sustainability practices in 2025 and beyond. Generally, this forward-looking information can frequently, but not always, be identified by use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "projects", "budgets", "assumes", "strategy", "objectives", "potential", "possible", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "should", "might" or "will be taken", "will occur" or "will be achieved" or the negative connotations thereof. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management including that NGEx can access financing, appropriate equipment and sufficient labour; assumed and future price of copper, gold, silver and other metals; anticipated costs; ability to achieve goals; the prompt and effective integration of acquisitions, systems and policies; that the political environment in which NGEx operates will continue to support the development and operation of mining projects; and assumptions related to the factors set forth below. While these factors and assumptions are considered reasonable by NGEx as at the date of this document, in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity performance or achievements of NGEx to be materially different from those expressed or implied by any forward-looking information and forward-looking statements. The following are among the factors that could cause actual results, performance or achievements to differ materially from the forward-looking information: volatility in metal prices, namely copper, gold and silver; volatility in interest, inflation and currency exchange rates; government regulation limiting the free flow of currencies; failure of exploration efforts to establish new Mineral Resources at NGEx's projects; unexpected changes in business and economic conditions, including, but not limited to, the impacts of regulatory, fiscal or policy reforms enacted by the current president of Argentina and his administration; volatility in the market price of the common shares of NGEx; the ability to arrange financing; the ability to obtain regulatory approvals, permits and licenses when required to conduct operations; high altitude operations in the Andes Mountains where climactic conditions are subject to unforeseen and severe changes and productivity can be affected by altitude related effects; weather, including excessive snowfall in the Andes Mountains; infectious diseases, pandemics and health crisis; war or other forms of conflict affecting operating jurisdictions directly or otherwise having a global impact, such as through supply chain and international trade disruptions and increased market volatility; carrying on business in an emerging market that may be impacted by government instability, civil turmoil and economic instability; measures required to protect endangered species; deficient or vulnerable title to mining concessions and surface rights; potential for litigation; difficulty complying with tax or other regulatory regimes in Chile and Argentina; environmental, governmental and sociopolitical factors, including climate change and carbon pricing; compliance with environmental laws and liability for environmental contamination; opposition to mining, including by local communities and non-governmental organizations; exploration and development activity; illegal mining; recruiting and retaining key qualified personnel; availability of, and ability to import, skilled personnel, contractors, materials, equipment, supplies, power and water; access to reliable infrastructure; potential ability to sell future products; competition in the mining industry; the inadequacy of insurance; compliance with anti-corruption and anti-bribery laws; limitations of disclosure and internal controls; regulatory compliance; cybersecurity; failure to adequately use generative artificial intelligence in the Company's operations; fraud; potential influence of large shareholders; potential conflicts of interest; and other risks and uncertainties, including but not limited to those described in the "Risk Factors" section of the Company's annual information form for the year ended December 31, 2024 and in the "Risk and Uncertainties" section of the Company's annual management discussion and analysis for the year ended December 31, 2024, which are available on the Company's website and SEDAR+ at under the Company's profile. The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. SOURCE NGEx Minerals Ltd.
Associated Press
22-04-2025
- Business
- Associated Press
WuXi Biologics Recognized by CDP for Climate Change Leadership for Second Consecutive Year
SHANGHAI, April 22, 2025 /PRNewswire/ -- WuXi Biologics ('WuXi Bio') ( a leading global Contract Research, Development, and Manufacturing Organization (CRDMO), today announced it has been recognized by CDP, the world's foremost environmental non-profit reporting organization, for its leadership in disclosure transparency and performance excellence in the area of climate change. This marks the second consecutive year the company has achieved this honor. CDP is recognized as the global standard for corporate environmental reporting, and its annually published ratings are widely used to drive investment and procurement decisions toward a net-zero, sustainable and resilient economy. Companies are evaluated on their awareness of environmental issues, management methods and advancements in environmental stewardship. In 2024, nearly 25,000 companies — representing two-thirds of the global market value — reported their environmental data through CDP. WuXi Biologics stood out among these companies with an 'A-" score for leadership on climate change. Committed to the Science Based Target initiative (SBTi), WuXi Biologics has adopted an integrated strategy to tackle climate change issues, with measurable targets and a refined roadmap. The Company aims to achieve net-zero emissions from overall operations by 2050, and in 2024, it realized a 30% GHG (Scope 1 and Scope 2) emission intensity reduction from the base year 2020. The company also actively pursues opportunities to decrease energy consumption, advocating energy-saving initiatives from process optimization, equipment upgrade, and infrastructure replacement and renovation. The company actively deploys rooftop photovoltaic power projects, and has achieved a 100% renewable electricity supply at its Ireland site. Dr. Chris Chen, CEO of WuXi Biologics and Chairman of its ESG Committee, commented, 'We are very pleased to be recognized once again by CDP for climate change leadership, an acknowledgement that further inspires our steadfast dedication to enhancing our sustainability performance. It is fitting that we are making this announcement on Earth Day as we, along with organizations and communities around the world, put special focus on the importance of long-term ecological sustainability. As a global leader in Green CRDMO, we consistently deliver ESG excellence, enable partners worldwide with end-to-end solutions to fulfil their ESG commitments, and work together with all of our stakeholders to promote responsible practices throughout the entire value chain.' As a participant of the United Nations Global Compact (UNGC) and the Pharmaceutical Supply Chain Initiative (PSCI), WuXi Biologics proactively advocates sustainability, and has earned widespread recognition for its efforts. It was granted an MSCI AAA Rating; awarded an EcoVadis Platinum Medal; listed in the Dow Jones Sustainability Indices (DJSI) for two consecutive years; included in the UNGC 20 Case Examples of Sustainable Development for 20 Years Collection for its world-leading green biologics solutions; recognized as a Sustainalytics industry and regional ESG top-rated company for five consecutive years; merited an 'A' CDP Water Security score; selected as a Constituent of the FTSE4Good Index Series; listed in the Hang Seng ESG 50 Index; and rated as Prime by ISS ESG Corporate Rating. About CDP CDP is a global non-profit that runs the world's only independent environmental disclosure system. As the founder of environmental reporting, the organization believes in transparency and the power of data to drive change. Partnering with leaders in enterprise, capital, policy and science, CDP surfaces the information needed to enable Earth-positive decisions. It helped more than 24,800 companies and 1,100 cities, states and regions disclose their environmental impacts in 2024. Financial institutions with more than a quarter of the world's institutional assets use CDP data to help inform investment and lending decisions. Aligned with the ISSB's climate standard, IFRS S2, as its foundational baseline, CDP integrates best-practice reporting standards and frameworks in one place. The team is truly global, united by a shared desire to build a world where people, planet and profit are truly balanced. About WuXi Biologics WuXi Biologics (stock code: is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide. With over 12,000 skilled employees in China, the United States, Ireland, Germany and Singapore, WuXi Biologics leverages its technologies and expertise to provide customers with efficient and cost-effective biologics discovery, development and manufacturing solutions. As of December 31, 2024, WuXi Biologics is supporting 817 integrated client projects, including 21 in commercial manufacturing (excluding COVID CMO projects). WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives green technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while consistently achieving excellence in Environment, Social and Governance (ESG). Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts and promote responsible practices that empower the entire value chain. For more information about WuXi Biologics, please visit: View original content: SOURCE WuXi Biologics
