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WuXi Biologics (Cayman) Inc

Common Name
WuXi Biologics (Cayman)
Country
China (Mainland)
Sector
Healthcare
Industry
Biotechnology
Employees
12,575
Ticker
2269
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Wuxi Biologics (Cayman) Inc. is a major player in the biotechnology and medical research sector, specializing in providing comprehensive solutions for the discovery, development, and manufacturing of ...

WuXi Biologics (Cayman)'s GHG Emissions Data Preview

In 2024, WuXi Biologics (Cayman) completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

WuXi Biologics (Cayman) has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
0000000
Total Scope 2
Market-Based
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a
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0000000
Location-Based
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a
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a
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a
0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind WuXi Biologics (Cayman)’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore WuXi Biologics (Cayman)’s data sources below and access millions more through our Disclosure Search.

a. WuXi Biologics (Cayman)'s Sustainability Report 2024
a. WuXi Biologics (Cayman)'s Sustainability Report 2024
b. WuXi Biologics (Cayman)'s ESG Report 2022
b. WuXi Biologics (Cayman)'s ESG Report 2022

Insights into WuXi Biologics (Cayman)'s Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofWuXi Biologics (Cayman) amounted to198,654metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of WuXi Biologics (Cayman)increased by 9.2%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

WuXi Biologics (Cayman)'s Scope 1 Emissions Over Time

201920202021202220232024010 k20 k30 k40 ktCO2e+4%+171%+13%-3%+17%
  • Total Scope 1
  • Year-over-Year Change

What are WuXi Biologics (Cayman)'s Scope 1 emissions?

In 2024, the total Scope 1 emissions of WuXi Biologics (Cayman) were 38,346 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has WuXi Biologics (Cayman) reduced its Scope 1 emissions over time?

Since 2019, WuXi Biologics (Cayman)'s Scope 1 emissions have increased by 262.3%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), WuXi Biologics (Cayman)'s Scope 1 emissions increased by 17.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are WuXi Biologics (Cayman)'s Scope 2 emissions?

In 2024, WuXi Biologics (Cayman) reported Scope 2 greenhouse gas (GHG) emissions of 158,207 tCOâ‚‚e using the market-based method and 160,308 tCOâ‚‚e using the location-based method.a

Has WuXi Biologics (Cayman) reduced its Scope 2 emissions over time?

Compared to the previous year(2023), WuXi Biologics (Cayman)'s Scope 2 emissions(Location-Based) have remained relatively stable, indicating that WuXi Biologics (Cayman)'s emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does WuXi Biologics (Cayman) use for Scope 2 reporting?

In 2024, WuXi Biologics (Cayman) reported its Scope 2 emissions using the market-based method and using the location-based method.a

WuXi Biologics (Cayman)'s Scope 2 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into WuXi Biologics (Cayman)'s Value Chain Emissions

In 2024, WuXi Biologics (Cayman) reported 71,244 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of WuXi Biologics (Cayman) includes a breakdown across 6of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

WuXi Biologics (Cayman)'s Scope 3 Emissions Over Time

202220232024020 k40 k60 k80 ktCO2e+143%+9%
  • Total Scope 3
  • Year-over-Year Change

What are WuXi Biologics (Cayman)'s Scope 3 emissions?

In 2024, WuXi Biologics (Cayman) reported total Scope 3 emissions of 71,244 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), WuXi Biologics (Cayman)'s Scope 3 emissions remained relatively stable, indicating that WuXi Biologics (Cayman)'s emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does WuXi Biologics (Cayman) disclose?

In 2024, WuXi Biologics (Cayman) reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of WuXi Biologics (Cayman)'s Scope 3 emissions?

In 2024, the largest contributors to WuXi Biologics (Cayman)'s Scope 3 emissions were:a

  • Fuel- and Energy-Related Services (Cat. 3): 39,468 tCOâ‚‚e(55.4%)
  • Employee Commuting (Cat. 7): 19,176 tCOâ‚‚e(26.92%)
  • Waste Generated in Operations (Cat. 5): 5,868 tCOâ‚‚e(8.24%)

WuXi Biologics (Cayman)'s Scope 3 Emissions by Categories

Waste Generated inOperations (Cat. 5)(8.2%)Fuel- andEnergy-RelatedServices (Cat. 3)(55.4%)Employee Commuting(Cat. 7)(26.9%)

Insights into WuXi Biologics (Cayman)’s GHG Emissions Intensity Compared to Industry Peers

In 2024, WuXi Biologics (Cayman) reported Scope 1 greenhouse gas (GHG) emissions of 38,346 tCOâ‚‚e and total revenues of USD 2,779 millions. This translates into an emissions intensity of 13.8 tCOâ‚‚e per millions USD.a

WuXi Biologics (Cayman)'s Scope 1 Emissions Intensity Compared to Peers

0.5102005,000100,000Scope 1 Emissions (tCO2e)2201001,00010,000Revenues (Millions of USD)AASDAntengeneYear: 2023Scope 1: 45 tCO2eRevenue: $M 10Scope 1 Intensity: 4.37 tCO2e/$MShanghai Henlius BiotechYear: 2023Scope 1: 6,909 tCO2eRevenue: $M 830Scope 1 Intensity: 8.32 tCO2e/$MRemeGenYear: 2024Scope 1: 54 tCO2eRevenue: $M 234Scope 1 Intensity: 0.23 tCO2e/$MGenscript BiotechYear: 2024Scope 1: 39,377 tCO2eRevenue: $M 4,637Scope 1 Intensity: 8.49 tCO2e/$MAAAscentage PharmaYear: 2023Scope 1: 2,081 tCO2eRevenue: $M 34Scope 1 Intensity: 61.05 tCO2e/$MShanghai Junshi BiosciencesYear: 2024Scope 1: 5,308 tCO2eRevenue: $M 267Scope 1 Intensity: 19.88 tCO2e/$MEverest MedicinesYear: 2024Scope 1: 1 tCO2eRevenue: $M 106Scope 1 Intensity: 0.00 tCO2e/$MInnovent BiologicsYear: 2024Scope 1: 48 tCO2eRevenue: $M 1,409Scope 1 Intensity: 0.03 tCO2e/$MAkesoYear: 2024Scope 1: 6,408 tCO2eRevenue: $M 318Scope 1 Intensity: 20.17 tCO2e/$MAAAurisco PharmaceuticalYear: 2024Scope 1: 2,731 tCO2eRevenue: $M 202Scope 1 Intensity: 13.51 tCO2e/$MCARsgen Therapeutics HoldingsYear: 2021Scope 1: 117 tCO2eRevenue: $M 4Scope 1 Intensity: 28.91 tCO2e/$MZai LabYear: 2023Scope 1: 15 tCO2eRevenue: $M 267Scope 1 Intensity: 0.06 tCO2e/$MSSSichuan Kelun-Biotech BiopharmaceuticalYear: 2023Scope 1: 6,335 tCO2eRevenue: $M 237Scope 1 Intensity: 26.78 tCO2e/$MDDDaShenLin Pharmaceutical GroupYear: 2024Scope 1: 5,220 tCO2eRevenue: $M 3,631Scope 1 Intensity: 1.44 tCO2e/$MZhifeiYear: 2024Scope 1: 13,576 tCO2eRevenue: $M 3,572Scope 1 Intensity: 3.80 tCO2e/$MKintor PharmaceuticalYear: 2021Scope 1: 29 tCO2eRevenue: $M 5Scope 1 Intensity: 5.35 tCO2e/$MAscletis PharmaYear: 2023Scope 1: 422 tCO2eRevenue: $M 9Scope 1 Intensity: 48.50 tCO2e/$M3SBioYear: 2024Scope 1: 13,304 tCO2eRevenue: $M 1,364Scope 1 Intensity: 9.75 tCO2e/$MVIVA Biotech HoldingsYear: 2022Scope 1: 1,404 tCO2eRevenue: $M 373Scope 1 Intensity: 3.76 tCO2e/$MPharmaron BeijingYear: 2024Scope 1: 34,268 tCO2eRevenue: $M 1,682Scope 1 Intensity: 20.37 tCO2e/$MJacobio Pharmaceuticals GroupYear: 2023Scope 1: 34 tCO2eRevenue: $M 10Scope 1 Intensity: 3.48 tCO2e/$MAsymchem Laboratories (Tianjin)Year: 2024Scope 1: 31,787 tCO2eRevenue: $M 795Scope 1 Intensity: 39.96 tCO2e/$MAlphamab OncologyYear: 2023Scope 1: 3,970 tCO2eRevenue: $M 34Scope 1 Intensity: 117.90 tCO2e/$MEdding Genor Group HoldingsYear: 2022Scope 1: 18 tCO2eRevenue: $M 3Scope 1 Intensity: 7.17 tCO2e/$MWuXi Biologics (Cayman)Year: 2024Scope 1: 38,346 tCO2eRevenue: $M 2,779Scope 1 Intensity: 13.80 tCO2e/$M

How does WuXi Biologics (Cayman)'s GHG emissions intensity compare to its peers?

In 2024, WuXi Biologics (Cayman) reported a Scope 1 emissions intensity of 13.8 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.41, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does WuXi Biologics (Cayman) rank on GHG emissions intensity within its industry?

In 2024, WuXi Biologics (Cayman) ranked 16 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

WuXi Biologics (Cayman) is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into WuXi Biologics (Cayman)'s Total Carbon Footprint

In 2024, WuXi Biologics (Cayman) reported a total carbon footprint of 269,898 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.1% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to WuXi Biologics (Cayman)'s total carbon footprint was Scope 2 emissions, accounting for 59.4% of the company's total carbon footprint, followed by Scope 3 emissions at 26.4%.a

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