Business leaders highlight ESG priorities and performance

Responsibility

Our ESG Investor Event focused on our company’s long-term strategies related to access to health, employees, environmental sustainability, ethics and values

Our company has a 130-year heritage of operating responsibly. Our inaugural Environmental, Social and Governance (ESG) investor event highlighted how we are building on this heritage to create lasting value for our business and society.

At the February 23 virtual event for investors, analysts, media and members of the public, members of our leadership team outlined our business priorities and performance within our four ESG pillars: Access to health, employees, environmental sustainability, and ethics and values. .

“Our drive to make a difference for humanity – through the responsible invention, manufacture and delivery of vaccines and medicines – has remained constant and central,” said CEO and Chairman Rob Davis. “Our ESG efforts help fuel the actions necessary for the success of our business and our stakeholders.”

Here is an overview of some of these efforts:

Access to health

“Meeting the world’s unmet medical needs is central to Merck’s purpose and our ability to sustain long-term growth. This not only includes our investments in the development of innovative new products, but also ensuring that our products reach those who need them. Expanding patient reach and access is at the heart of our business and our ESG strategy. »

Eliav BarrSenior Vice President, Global Medical Affairs

Eliav Barr

Our efforts include:

  • Access planning during the product development process
  • Expanding access to our medicines and vaccines through collaborations and patient assistance programs
  • Advance health equity for underrepresented populations and people in low- and middle-income countries

Employees

“Seven decades of fostering a culture that embraces different perspectives and values ​​has taught us that inclusion creates competitive advantage for the organization. Additionally, by prioritizing the well-being of our employees, it supports our ability to continuously attract and retain highly qualified people, strengthen our competitiveness and reduce employee turnover. »

Steve MizellExecutive Vice President and Chief Human Resources Officer

Steve Mizell

Our efforts include:

  • Determine where we can remove barriers for underrepresented groups in our hiring process
  • Work with various suppliers
  • Provide tools and resources to support the physical, emotional and mental health, financial well-being and safety of employees

Environmental sustainability

“Through our three [environmental sustainability] priority areas of improving the efficiency of our operations, reducing the environmental impact of our products and packaging, and reducing environmental risks throughout our supply chain, we are further contributing to sustainability of our business by reducing risk, lowering costs and presenting opportunities for innovation. ”

Sanat ChattopadhyayExecutive Vice President and President, Merck Manufacturing

Sanat Chattopadhyay

Our efforts include:

  • Adopt a new set of climate goals, which include achieving carbon neutrality across all of our operations by 2025
  • Create an “energy roadmap” to help our facilities reduce energy demand and associated greenhouse gas emissions
  • Engage with suppliers to reduce environmental impact

Ethics & values

“We maintain our reputation as a trustworthy company by ensuring adherence to our Code of Conduct and Values ​​and Standards, reducing risk in our supply chain and fostering trust through our Safeguarding and data privacy.”

Jennifer ZacharieExecutive Vice President, General Counsel and Corporate Secretary

Jennifer Zacharie

Our efforts include:

  • Foster a culture in which employees feel they can freely voice concerns and report incidents that may conflict with our code of conduct and policies
  • Employ a third-party risk management team to establish, implement and monitor responsible and ethical sourcing practices
  • Commit to maintaining 100% compliance with regulatory requirements for active incident monitoring, risk/damage analysis and timely notification of data breaches

See a replay of the event

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