Climate Change Data

WuXi XDC Cayman Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:25,374 tCO2e/year
Scope 1 Emissions:417 tCO2e/year
Scope 2 Emissions:24,957 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:45,168 MWh/year
Water Consumption:257,448 tonnes/year
Waste Generated:926 tonnes/year
Carbon Intensity:0.12 tCO2e/10,000RMB

ESG Focus Areas

  • Strengthening Governance
  • Contributing to Society
  • Environmental Sustainability
  • Empowering Our People

Environmental Achievements

  • 54% Reduction in GHG emission intensity from base year of 2021 (Scope 1 and Scope 2)

Social Achievements

  • More than 3 million HKD social welfare investment
  • 100% of employees participated in training on ethical standards and anti-corruption
  • 96% of employees received regular performance and career development reviews

Governance Achievements

  • Established a sound risk-management and internal-control system to enhance compliance
  • 100% Supplier Code of Conduct sign off
  • 100% Participation in business ethics and anti-corruption training

Climate Goals & Targets

Long-term Goals:
  • Achieve net-zero emissions from overall operations by 2050
Medium-term Goals:
  • Reduce Scope 1 and Scope 2 greenhouse gas (GHG) emissions intensity by 50% by 2030 from the baseline year 2021
  • Reduce waste intensity by 10% by 2027 from the base year 2022
Short-term Goals:
  • Reduce water consumption intensity by 30% by 2025 from the baseline year 2019

Environmental Challenges

  • Heightened severity and frequency of extreme weather occurrences
  • Chronic physical risks arising from climate change
  • Evolving GHG emission policies and regulatory measures
  • Need to invest in energy-efficient equipment and clean energy technologies
  • Increased client inclination towards environmentally sustainable products and services
  • Stakeholder expectations regarding contribution to a lower-carbon economy
Mitigation Strategies
  • Develop early warning systems, evacuation plans, and emergency response measures
  • Develop supply chain continuity plans
  • Transition to more efficient heating and cooling systems
  • Stay updated on the latest climate-related regulations
  • Explore clean energy alternatives
  • Maintain close communications with key customers
  • Strengthen communications with stakeholders

Supply Chain Management

Supplier Audits: annual audits for all significant suppliers and selected general suppliers

Responsible Procurement
  • Code of Business Conduct and Ethics of WuXi Biologics Business Partner
  • WuXi Biologics Procurement Policy
  • WuXi Biologics Supplier Management Standards

Climate-Related Risks & Opportunities

Physical Risks
  • extreme weather events
  • temperature rise
  • sea level rise
Transition Risks
  • GHG emission policies and regulatory measures
  • need to upgrade to low-carbon technologies
  • changes in client preference
  • stakeholder expectations
Opportunities
  • improved resource efficiency
  • renewable energy integration
  • low-carbon solutions
  • enhanced resilience

Reporting Standards

Frameworks Used: GRI Standards, TCFD Recommendations, SASB Accounting Standards

Certifications: ISO 14001, ISO 45001, ISO 27001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Best CDMO at the 2023 ADC Awards