Our Governance
WuXi AppTec has established a business ethics management structure comprising the Board of Directors, the Audit Committee, the Internal Audit Department and compliance management task force from each business and operation unit, to continuously maintain and improve the Company's business ethics management system and ensure that the Company's operations and decision-making comply with the principles of practicing social responsibility. Each business and operation unit takes the initiative to conduct business ethics risk management, promptly identifying, assessing, controlling, and mitigating potential risks. This provides information for the formulation and enhancement of the Company's overall business ethics management strategy, and promotes a corporate culture of ethics and compliance.
Our Approach
In accordance with the Code of Business Conduct, WuXi AppTec has established a comprehensive business ethics and compliance framework that encompasses a range of management practices aimed at proactively addressing business ethical and compliance risks. We maintain high standards of business integrity through ongoing training and communication, conducting effective ethical and compliance risk assessments and audits, and upholding a transparent reporting system.
Our Commitments and Goals
• Comply with all applicable laws and regulations and uphold the high standards of business ethics and compliance.
• Provide annual training on Code of Business Conduct and anti-corruption and bribery for all active employees, maintaining a completion rate of over 95%.
• Achieve 100% of main operational sites obtaining ISO/IEC 27001 Information Security Management System certification by 2030.
Our Key Initiatives
• Joined the United Nations Global Compact (UNGC) to support its ten sustainability principles.
• Regularly review and update our Code of Business Conduct to ensure its effectiveness in its implementation.
• Incorporate business ethics indicators into employee performance and remuneration reviews.
• Conduct annual compliance training and exams for all employees (including part-time employees).
• Conduct regular audits of business ethics across all business lines, as well as supplier audits, external audits, and internal audits. Develop and implement improvement plans based on audit results.