Merit Medical Systems, Inc.
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:30,764 tCO2e/year
Scope 1 Emissions:2,837 tCO2e/year
Scope 2 Emissions:17,480 tCO2e/year
Scope 3 Emissions:10,447 tCO2e/year
Renewable Energy Share:4%
Total Energy Consumption:67.2 MWh/year
Water Consumption:215,300 m3/year
Waste Generated:15,000+ tons/year
Carbon Intensity:0.032 metric tons of CO2e/$1,000 revenue
ESG Focus Areas
- COVID-19 Response
- Enterprise Opportunity Management
- Health & Safety
- Diversity & Inclusion
- Compliance & Ethics
- Quality Assurance
- Environmental Sustainability
- Philanthropy
Environmental Achievements
- Four of eight manufacturing sites achieved ISO 14001 certification.
- Recycled more than 15,000 metric tons of waste.
- Reduced corrugated boxes and plastic bubble wrap materials by more than 100 tons per year through Merit Smart Shipping™.
Social Achievements
- Launched a Women’s Leadership Network in Merit Asia.
- Developed Merit Asia Academy for employee skills development.
- Partnered with various organizations to support low-income women, single mothers, and refugees.
- Maintained six consecutive years of zero increases to employee health insurance premiums.
Governance Achievements
- Improved grant policies and processes to ensure compliance with the US Office of Inspector General’s Corporate Integrity Agreement.
- Implemented a Global Complaint Management System.
- Deployed a Global Learning Management System.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- By 2030: 50% renewable energy, 10% reduction in energy intensity, 15% reduction in GHG emissions, 10% reduction in water intensity (all indexed to revenue).
Short-term Goals:
- Achieve ISO 45001 and ISO 14001 certifications at remaining manufacturing sites by end of 2021.
Environmental Challenges
- Supply chain disruptions due to the COVID-19 pandemic.
- Water risk varies significantly by operating location.
- Managing environmental impact of single-use medical devices.
Mitigation Strategies
- Increased production of syringes to support global vaccination efforts.
- Implemented water-efficiency projects at various sites (e.g., water-reutilization projects, low-flow faucets).
- Set 2030 goals for reducing energy intensity, GHG emissions, and water intensity.
Supply Chain Management
Supplier Audits: 25 audits in 2020
Responsible Procurement
- Supplier risk assessments and audits.
- Responsible sourcing practices.
- Partnership with FSC-certified supplier for packaging.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Investing in renewable energy.
- Improving energy efficiency.
Reporting Standards
Frameworks Used: COSO Enterprise Risk Management, ISO 31000:2018, ISO 13485:2016, ISO 9001:2015, ISO 45001, ISO 14001, ISO 50001, EU MDR, MDSAP, 21 CFR Part 11
Certifications: ISO 13485:2016, ISO 9001:2015, MDSAP, ISO 14001 (at four manufacturing sites), ISO 50001 (at Merit Galway)
Third-party Assurance: Not disclosed
Sustainable Products & Innovation
- Merit Smart Shipping™
Awards & Recognition
- National Irish Safety Organization Safety Quiz 2020 (Merit Galway)