Merz Therapeutics GmbH, Georg Simons GmbH, Merz Pharma Austria GmbH, Merz Therapeutics Iberia SL, Merz Therapeutics Nordics AB, Merz Pharma France S.A.S., Merz Pharma Italia S.r.l., Merz Pharma UK Ltd., Merz Pharma (Schweiz) AG, Merz Pharmaceuticals LLC, Merz Pharma Canada Ltd.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:139,640 t CO2e
Scope 1 Emissions:2,087.57 t CO2e
Scope 2 Emissions:770.97 t CO2e
Scope 3 Emissions:36,782.08 t CO2e
Waste Generated:308.2 t
ESG Focus Areas
- Mindful Treatment of Our Environment
- Attractive & Future-proof Employer
- Working Together for the Good of Patients
- Impact-Driven Responsible Business
Environmental Achievements
- Expanded and refined emission category analysis based on the GHG Protocol, improving data accuracy.
- Established detailed reduction roadmaps for top two carbon-emitting locations (Frankfurt headquarters and Raleigh office).
- Developed a Carbon Reduction Catalogue to empower local sustainability champions.
- Integrated environmental sustainability criteria and energy efficiency considerations into office space reconstruction.
- Collected comprehensive waste data from all locations, quantifying annual waste generation and categorizing waste types.
Social Achievements
- Launched Skyline Leadership Development Program.
- Offered Sustainability Learning Path in six languages.
- Provided access to digital learning platforms (LinkedIn Learning).
- Achieved Great Place to Work® certification in ten affiliates.
- Launched Access to Health Initiative to tackle healthcare access inequalities in low- and middle-income countries.
Governance Achievements
- Joined the UN Global Compact Initiative.
- Achieved EcoVadis bronze medal (74th percentile).
- Implemented a robust Compliance, Ethics and Privacy Program.
- Developed Business Partner Compliance Tool and Transparency Tool.
- Established a Global Product Safety Department.
Climate Goals & Targets
Medium-term Goals:
- Achieve a 24% reduction in total waste and a 76% recycling rate by 2035.
Short-term Goals:
- Reduce carbon footprint by 90% across Scopes 1 and 2 by 2035 (Note: This is not a Science-Based Target yet).
Environmental Challenges
- Business activities contribute to negative environmental impacts (GHG emissions and waste generation).
- Stringent regulatory requirements across several areas.
- Climate change-related hazards and human rights violations in the supply chain.
Mitigation Strategies
- Developing programs to minimize negative operational impacts (transition to green energy, improved packaging).
- Maintaining robust compliance and ethics policies and management systems.
- Enforcing Third-Party Code of Conduct, conducting supplier risk assessments, and engaging with suppliers.
Supply Chain Management
Supplier Audits: 1,523 suppliers underwent an abstract ESG risk screening; 6% selected for further engagement.
Responsible Procurement
- ESG risk assessment of suppliers.
- Supplier engagement to improve sustainability practices.
- Third-Party Code of Conduct requiring ethical practices.
Climate-Related Risks & Opportunities
Physical Risks
- Supply chain disruptions due to climate change-related hazards (sea level rise, extreme weather events).
Opportunities
- R&D innovations potentially leading to financial advantages.
Reporting Standards
Frameworks Used: GRI 2021 Standards
Awards & Recognition
- EcoVadis bronze medal