{"id":529629,"date":"2021-08-19T07:03:43","date_gmt":"2021-08-19T11:03:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/i-mab-announces-establishment-of-environmental-social-and-governance-committee\/"},"modified":"2021-08-19T07:03:43","modified_gmt":"2021-08-19T11:03:43","slug":"i-mab-announces-establishment-of-environmental-social-and-governance-committee","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/i-mab-announces-establishment-of-environmental-social-and-governance-committee\/","title":{"rendered":"I-Mab Announces Establishment of Environmental, Social and Governance Committee"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>\n          <i>I-Mab received highest first-time ESG rating among <span class=\"xn-location\">China<\/span>-based biotech companies from MSCI<\/i>\n        <\/li>\n<li>\n          <i>New majority independent ESG committee to set overall ESG strategies for the Company<\/i>\n        <\/li>\n<li>\n          <i>Women account for two-thirds of the total workforce and over 30% of I-Mab&#8217;s Board of Directors<\/i>\n        <\/li>\n<li>\n          <i>Committed to diversity, equity and inclusion, I-Mab has launched Women&#8217;s Leadership Council in 2020 and has been awarded T+ Excellent Employer for its accomplishments in diversity and innovation <\/i>\n        <\/li>\n<\/ul>\n<p>\n        <span class=\"xn-location\">SHANGHAI<\/span> and <span class=\"xn-location\">GAITHERSBURG, MD<\/span>., <span class=\"xn-chron\">Aug. 19, 2021<\/span> \/PRNewswire\/ &#8212; I-Mab (the &#8220;Company&#8221;) (Nasdaq: IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, today announced that its Board of Directors (the &#8220;Board&#8221;) approved establishment of an ESG (Environmental, Social and Governance) Committee.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1433981\/logo_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1433981\/logo_Logo.jpg\" title=\"(PRNewsfoto\/I-Mab)\" alt=\"(PRNewsfoto\/I-Mab)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The committee consists of Dr. <span class=\"xn-person\">Joan Shen<\/span>, executive director of the Board and CEO of I-Mab, and two independent directors, Mr. <span class=\"xn-person\">Chun Kwok Alan Au<\/span> and Prof. Rong Shao. Mr. Au will also chair the committee. As the oversight body for the Company&#8217;s ESG practices, the committee is responsible for supervising the ESG strategies, policies, long-term sustainability objectives and risks of the Company. In addition, the Company will also establish an ESG working group to address daily ESG workflows.<\/p>\n<p>I-Mab is committed to a corporate culture of diversity, inclusion, social responsibility and outstanding governance. In <span class=\"xn-chron\">July 2021<\/span>, I-Mab was granted a BBB rating, the highest newly initiated rating among <span class=\"xn-location\">China<\/span>-based biotech companies, by the MSCI ESG assessment.<\/p>\n<p>\u00a0&#8220;I-Mab has shown it values the principles of ESG since its founding,&#8221; said ESG Committee Chairman and independent director, Mr. <span class=\"xn-person\">Chun Kwok Alan Au<\/span>.\u00a0&#8220;The Company&#8217;s vision has been not only to bring innovative therapies to global patients and create value for shareholders, but also to continue its commitment to high corporate governance standards, diversity, green operations, sustainable development and transparent disclosures.&#8221;<\/p>\n<p>The company has made diversity and inclusivity part of its long-term strategy and has established a strong track record. In 2020, I-Mab launched a Women&#8217;s Leadership Council (WLC) globally to help future female leaders accelerate their career development. Women account for about two-thirds of its employees, with 57 percent holding a master&#8217;s degree or above, and over 30 percent of I-Mab&#8217;s Board of Directors are female. At the peak of COVID-19 outbreak in 2020, I-Mab donated urgently-needed medical supplies worth of <span class=\"xn-money\">RMB 800,000<\/span> to hospitals and healthcare workers in <span class=\"xn-location\">Wuhan, China<\/span> and <span class=\"xn-money\">US$ 50,000<\/span> to BayHelix, a non-profit organization focused on global life sciences and healthcare community, to fight against the pandemic globally. In 2021, I-Mab was honored with the T+ Excellent Employer award based on an assessment of best practices in areas such as technological leadership, organization and talent, and commitment to creating a diversified workplace. In <span class=\"xn-chron\">July 2021<\/span>, I-Mab donated <span class=\"xn-money\">RMB 1 million<\/span> to Henan Charity General Federation for the rescue and reconstruction of flood-hit regions in <span class=\"xn-location\">Henan Province<\/span>.<\/p>\n<p>\n        <b>About I-Mab<\/b>\n      <\/p>\n<p>I-Mab (Nasdaq: IMAB) is a dynamic, global biotech company exclusively focused on discovery, development and soon, commercialization of novel or highly differentiated biologics in the therapeutic areas of immuno-oncology and autoimmune diseases. The Company&#8217;s mission is to bring transformational medicines to patients around the world through innovation. I-Mab&#8217;s innovative pipeline of more than 10 clinical and pre-clinical stage drug candidates is driven by the Company&#8217;s Fast-to-PoC (Proof-of-Concept) and Fast-to-Market development strategies through internal R&amp;D and global partnerships. The Company is on track to transition from a clinical stage biotech company toward a fully integrated global biopharmaceutical company with cutting-edge R&amp;D capabilities, world-class GMP manufacturing facilities, and commercial capability. I-Mab has offices in <span class=\"xn-location\">Beijing<\/span>, <span class=\"xn-location\">Shanghai<\/span>, <span class=\"xn-location\">Hangzhou<\/span>, <span class=\"xn-location\">Hong Kong<\/span>, and <span class=\"xn-location\">Maryland<\/span>, <span class=\"xn-location\">United States<\/span>. For more information, please visit <a target=\"_blank\" href=\"http:\/\/ir.i-mabbiopharma.com\/\" rel=\"nofollow noopener\">http:\/\/ir.i-mabbiopharma.com<\/a>\u00a0and follow I-Mab on <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/i-mab\/\" rel=\"nofollow noopener\">LinkedIn<\/a>, <a target=\"_blank\" href=\"https:\/\/twitter.com\/IMabBiopharma\" rel=\"nofollow noopener\">Twitter<\/a>,\u00a0and <a target=\"_blank\" href=\"https:\/\/mp.weixin.qq.com\/s\/_s634aizyQPuq1Vgf-hLGA\" rel=\"nofollow noopener\">WeChat<\/a>.<\/p>\n<p>\n        <b>For more information, please contact:<\/b>\n      <\/p>\n<p>\n        <b>I-Mab<\/b>\n      <\/p>\n<p>Jielun Zhu, Chief Financial Officer<br \/>E-mail: <a target=\"_blank\" href=\"mailto:jielun.zhu@i-mabbiopharma.com\" rel=\"nofollow noopener\">jielun.zhu@i-mabbiopharma.com<\/a><br \/>Office line: +86 21 6057 8000<\/p>\n<p>\n        <span class=\"xn-person\">Gigi Feng<\/span>, Chief Communications Officer<br \/>E-mail: <a target=\"_blank\" href=\"mailto:gigi.feng@i-mabbiopharma.com\" rel=\"nofollow noopener\">gigi.feng@i-mabbiopharma.com<\/a><br \/>Office line: +86 21 6057 5709<\/p>\n<p>\n        <b>Investor Inquiries:<\/b>\n      <\/p>\n<p>The Piacente Group, Inc.<br \/><span class=\"xn-person\">Emilie Wu<\/span><br \/>E-mail: <a target=\"_blank\" href=\"mailto:emilie@thepiacentegroup.com\" rel=\"nofollow noopener\">emilie@thepiacentegroup.com<\/a><br \/>Office line: + 86 21 6039 8363<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN80589&amp;sd=2021-08-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/i-mab-announces-establishment-of-environmental-social-and-governance-committee-301358777.html\">https:\/\/www.prnewswire.com\/news-releases\/i-mab-announces-establishment-of-environmental-social-and-governance-committee-301358777.html<\/a><\/p>\n<p>SOURCE  I-Mab<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN80589&amp;Transmission_Id=202108190700PR_NEWS_USPR_____CN80589&amp;DateId=20210819\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire I-Mab received highest first-time ESG rating among China-based biotech companies from MSCI New majority independent ESG committee to set overall ESG strategies for the Company Women account for two-thirds of the total workforce and over 30% of I-Mab&#8217;s Board of Directors Committed to diversity, equity and inclusion, I-Mab has launched Women&#8217;s Leadership Council in 2020 and has been awarded T+ Excellent Employer for its accomplishments in diversity and innovation SHANGHAI and GAITHERSBURG, MD., Aug. 19, 2021 \/PRNewswire\/ &#8212; I-Mab (the &#8220;Company&#8221;) (Nasdaq: IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, today announced that its Board of Directors (the &#8220;Board&#8221;) approved establishment of an ESG (Environmental, Social and Governance) Committee. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/i-mab-announces-establishment-of-environmental-social-and-governance-committee\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;I-Mab Announces Establishment of Environmental, Social and Governance Committee&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-529629","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>I-Mab Announces Establishment of Environmental, Social and Governance Committee - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/i-mab-announces-establishment-of-environmental-social-and-governance-committee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I-Mab Announces Establishment of Environmental, Social and Governance Committee - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire I-Mab received highest first-time ESG rating among China-based biotech companies from MSCI New majority independent ESG committee to set overall ESG strategies for the Company Women account for two-thirds of the total workforce and over 30% of I-Mab&#8217;s Board of Directors Committed to diversity, equity and inclusion, I-Mab has launched Women&#8217;s Leadership Council in 2020 and has been awarded T+ Excellent Employer for its accomplishments in diversity and innovation SHANGHAI and GAITHERSBURG, MD., Aug. 19, 2021 \/PRNewswire\/ &#8212; I-Mab (the &#8220;Company&#8221;) (Nasdaq: IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, today announced that its Board of Directors (the &#8220;Board&#8221;) approved establishment of an ESG (Environmental, Social and Governance) Committee. 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