Month: August 2025

PISCATAWAY, N.J., July 31, 2025 /PRNewswire/ — GenScript Biotech Corporation (HK.1548), a leading global provider of life science research and manufacturing services, today announced that its ESG rating has been upgraded to AA from A by MSCI in recognition of the company’s excellence in the areas of product safety & quality and human capital development, as well as continuous improvement in environment and governance practices.

MSCI, one of the world’s largest index providers, evaluates global public and private companies on a scale from CCC (laggard) to AAA (leader), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. MSCI ESG Ratings are a widely used benchmark for global capital markets. The AA rating recognizes GenScript as an ESG leader globally, showcasing its strong commitment to sustainability in the biotech industry.

“The AA rating from a globally recognized index is a testament to GenScript’s ESG performance. Embedding sustainability into our core business not only enhances our operational resilience but also creates long-term value for our investors and stakeholders worldwide,” said Sherry Shao, Rotating CEO of GenScript Biotech. “Going forward, we will continue to push the boundaries and drive sustainable growth of the industry, aligning with our mission to ‘Make People and Nature Healthier through Biotechnology’.”

The ongoing global recognition of GenScript’s sustainability initiatives underscores its commitment to responsible business practices. As a participant of the United Nations Global Compact (UNGC), GenScript adheres to its ten universal principles on human rights, labor, environment and anti-corruption. The company is also a supplier partner of the Pharmaceutical Supply Chain Initiative (PSCI), driving sustainable value chains for the pharmaceutical industry. This year, GenScript has achieved a Silver Medal from EcoVadis and a “Low Risk” ESG rating from Morningstar Sustainalytics, and has been included in the FTSE4Good Index Series. Additionally, its carbon reduction targets have been validated by the Science Based Targets initiative (SBTi), demonstrating GenScript’s strong commitment and actions toward combating climate change.

About GenScript Biotech Corporation

Founded in 2002 in New Jersey, GenScript Biotech Corporation accelerates innovation in healthcare and consumer goods by providing researchers and companies with the building blocks needed to develop groundbreaking treatments and products. Guided by its mission to Make People and Nature Healthier Through Biotechnology, and its role as a trusted global leader, GenScript has a team of over 5,500 employees and has served more than 200,000 customers across 100 countries and regions.

Learn more here: https://www.genscript.com

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SOURCE GenScript Biotech Corporation

WEST PALM BEACH, Fla. , July 31, 2025 /PRNewswire/ — Elliott Investment Management L.P. (“Elliott”) today released the following statement on behalf of Partner John Pike and Portfolio Manager Bobby Xu regarding Rakesh Gangwal’s decision to step down from his role as Chair at Southwest Airlines Co. (NYSE: LUV) (the “Company” or “Southwest”):

We thank Mr. Gangwal for his leadership and contributions as Southwest’s independent Chair during a transformational period for the company and we are grateful that he will continue to serve as a member of the Board. We remain confident in Southwest’s trajectory and we look forward to continuing our constructive engagement as the Company executes its plan to drive long-term value.

About Elliott

Elliott Investment Management L.P. (together with its affiliates, “Elliott”) manages approximately $72.7 billion of assets as of December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. 

Media Contact:         
Casey Friedman                                             
Elliott Investment Management L.P.                                     
(212) 478-1780                                              
cfriedman@elliottmgmt.com

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SOURCE Elliott Investment Management L.P.