Merck Sustainability Report 2021

General disclosures

TAG overview

GRI Standards and Disclosure Number

 

Comment

 

Reference

Organizational profile

102-1

 

Name of the organization

 

 

 

Company profile

102-2

 

Activities, brands, products, and services

 

 

 

Company profile
Products & Services

102-3

 

Location of headquarters

 

 

 

Company profile

102-4

 

Location of operations

 

 

 

Company profile
List of shareholdings

102-5

 

Ownership and legal form

 

 

 

Company profile

102-6

 

Markets served

 

 

 

Company profile
Macroeconomic and Sector-Specific Environment

102-7

 

Scale of the organization

 

 

 

Company profile
Net sales
Capitalization
Consolidated Balance Sheet

102-8

 

Information on employees and other workers

 

Supervised temporary staff is not logged in our employee data system.

 

Indicators: employees

102-9

 

Supply chain

 

 

 

Sustainable supply chain management
Mica supply chain

102-10

 

Significant changes to the organization and its supply chain

 

 

 

Company profile
Report profile
Fundamental Information about the Group

102-11

 

Precautionary Principle or approach

 

 

 

Sustainability strategy
Patient safety
Clinical studies
Plant, process & transport safety
Chemical product safety
Health & safety
Environmental stewardship
Climate action

102-12

 

External initiatives

 

 

 

Governance
Stakeholder dialogue
Sustainable Development Goals
Global health
Open innovation sharing
Compliance management
Human rights
Sustainable supply chain management
Mica supply chain
Clinical studies
Environmental stewardship
Climate action
Chemical product safety
Diversity, equity & inclusion

102-13

 

Membership of associations

 

 

 

Stakeholder dialogue
Compliance management
Animal welfare
Global health
Human rights
Mica supply chain
Clinical studies
Plant, process & transport safety
Diversity, equity & inclusion

Strategy

102-14

 

Statement from senior decision-maker

 

 

 

Letter from the CEO

102-15

 

Key impacts, risks, and opportunities

 

 

 

Sustainability strategy
Materiality analysis
Sustainable Development Goals
Report on Risks and Opportunities

Ethics and integrity

102-16

 

Values, principles, standards, and norms of behavior

 

 

 

Sustainability strategy
Animal welfare
Governance
Compliance management
Responsible interactions with health systems
Human rights
Sustainable supply chain management
Sustainable Development Goals
Bioethics
Digital ethics
Clinical studies
Product-related crime
Plant, process & transport safety
Chemical product safety
Attractive employer
Diversity, equity & inclusion
Leading & developing employees
Health & safety
Environmental stewardship
Climate action
Waste & recycling

102-17

 

Mechanisms for advice and concerns about ethics

 

 

 

Compliance management
Responsible interactions with health systems
Human rights
Bioethics
Digital ethics
Clinical studies
Animal welfare
Diversity, equity & inclusion
Health & safety
Indicators: business ethics

Governance

102-18

 

Governance structure

 

 

 

Sustainability strategy
Management
Statement on Corporate Governance

102-19

 

Delegating authority

 

 

 

Sustainability strategy
Statement on Corporate Governance

102-20

 

Zuständigkeit auf Vorstandsebene für ökonomische, ökologische
und soziale Themen

 

 

 

Sustainability strategy
Environmental stewardship
Compliance management
Diversity, equity & inclusion
Attractive employer

102-21

 

Consulting stakeholders on economic, environmental, and social topics

 

 

 

Sustainability strategy
Stakeholder dialogue
Materiality analysis
Global health
Bioethics
Digital ethics
Responsible interactions with health systems

102-22

 

Composition of the highest governance body and its committees

 

 

 

Management
Statement on Corporate Governance
The Executive Board
The Supervisory Board
Objectives of the Supervisory Board with respect to its composition

102-23

 

Chair of the highest governance body

 

 

 

Management
Statement on Corporate Governance

102-24

 

Nominating and selecting the highest governance body

 

 

 

Diversity, equity & inclusion
Management
Statement on Corporate Governance
Gender quota
Diversity policy
Objectives of the Supervisory Board with respect to its composition

102-25

 

Conflicts of interest

 

 

 

Compliance management
Responsible interactions with health systems
Information on corporate governance practices

102-26

 

Role of highest governance body in setting purpose, values, and strategy

 

 

 

Sustainability strategy
Values and compliance
Report of the Supervisory Board

102-27

 

Collective knowledge of highest governance body

 

 

 

Sustainability strategy
The Executive Board
Statement on Corporate Governance

102-28

 

Evaluating the highest governance body’s performance

 

 

 

Board of Partners
The Supervisory Board
Articles of Association
Statement on Corporate Governance

102-29

 

Identifying and managing economic, environmental, and social impacts

 

 

 

Sustainability strategy
Materiality analysis
Compliance management
Report on Risks and Opportunities
Statement on Corporate Governance

102-30

 

Effectiveness of risk management processes

 

 

 

Sustainability strategy
Compliance management
Report on Risks and Opportunities
Report of the Supervisory Board

102-31

 

Review of economic, environmental, and social topics

 

 

 

Sustainability strategy
Compliance management
Report on Risks and Opportunities
Report of the Supervisory Board

102-32

 

Highest governance body’s role in sustainability reporting

 

 

 

Report profile

102-33

 

Communicating critical concerns

 

 

 

Compliance management
Values and compliance

102-34

 

Nature and total number of critical concerns

 

Due to the sensitive nature of critical concerns, these figures are only for internal use (except where external reporting is legally required).
Significant additions to or changes in the risk register are disclosed in due course to the Executive Board on an ad hoc basis, as per stipulations in the risk policy.

 

Compliance management
Indicators: business ethics
Values and compliance

102-35

 

Remuneration policies

 

 

 

Compensation report

102-36

 

Process for determining remuneration

 

 

 

Attractive employer
Compensation report

102-37

 

Stakeholders’ involvement in remuneration

 

 

 

Attractive employer
Compensation report
Voting results Annual General Meeting 2021

102-38

 

Annual total compensation ratio

 

Competitive salaries and additional benefits not only increase our attractiveness as an employer; they also motivate our people and build loyalty to the company. The compensation we offer is based on market analyses in the relevant field and the value of the respective position, and the employee's skill set and performance. Our Global Rewards Policy defines the framework for compensation and benefits across the entire Group. As far as possible, we strive to offer all our employees comparable compensation structures. Furthermore, we monitor compliance with minimum standards. We do not consider the information required under GRI 102-38 and GRI 102-39 to be relevant to assessing the fairness of our compensation structures.

 

Attractive employer

102-39

 

Percentage increase in annual total compensation ratio

 

Competitive salaries and additional benefits not only increase our attractiveness as an employer; they also motivate our people and build loyalty to the company. The compensation we offer is based on market analyses in the relevant field and the value of the respective position, and the employee's skill set and performance. Our Global Rewards Policy defines the framework for compensation and benefits across the entire Group. As far as possible, we strive to offer all our employees comparable compensation structures. Furthermore, we monitor compliance with minimum standards. We do not consider the information required under GRI 102-38 and GRI 102-39 to be relevant to assessing the fairness of our compensation structures.

 

Attractive employer

Stakeholder engagement

102-40

 

List of stakeholder groups

 

 

 

Stakeholder dialogue

102-41

 

Collective bargaining agreements

 

 

 

Attractive employer

102-42

 

Identifying and selecting stakeholders

 

 

 

Stakeholder dialogue

102-43

 

Approach to stakeholder engagement

 

 

 

Stakeholder dialogue
Materiality analysis
Attractive employer
Diversity, equity & inclusion

102-44

 

Key topics and concerns raised

 

 

 

Materiality analysis
Bioethics
Digital ethics

Reporting practice

102-45

 

Entities included in the consolidated financial statements

 

 

 

Report profile
Company profile
Notes to the Consolidated Financial Statements

102-46

 

Defining report content and topic Boundaries

 

 

 

Materiality analysis
Report profile

102-47

 

List of material topics

 

 

 

Materiality analysis

102-48

 

Restatements of information

 

 

 

Report profile

102-49

 

Changes in reporting

 

 

 

Materiality analysis
Report profile

102-50

 

Reporting period

 

 

 

Report profile

102-51

 

Date of most recent report

 

 

 

Report profile

102-52

 

Reporting cycle

 

 

 

Report profile

102-53

 

Contact point for questions regarding the report

 

 

 

Report profile

102-54

 

Claims of reporting in accordance with the GRI Standards

 

 

 

GRI Content Index
Report profile

102-55

 

GRI content index

 

 

 

GRI Content Index

102-56

 

External assurance

 

 

 

Report profile
Assurance Report

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