Merck & Co Inc
Pharmaceuticals
Company Summary
Merck & Co. is a leading global pharmaceutical company that has made notable advancements in ESG initiatives. The company has set ambitious targets for carbon reduction, with a focus on sustainable manufacturing and a commitment to achieving net-zero emissions by 2050. Merck’s ESG rating is supported by its pioneering work in cancer treatments and other life-saving medications, as well as its focus on global health access. However, Merck has faced criticism related to the high cost of its medicines and the accessibility of its treatments in low-income countries. Its ESG score is also impacted by concerns about its pricing policies and governance practices, including transparency around drug patents. For a full overview of Merck’s ESG practices, refer to the latest Merck ESG report, which provides an honest assessment of the company's progress and challenges.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Merck is average among 79 companies in the pharmaceuticals industry.
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News from Merck & Co Inc
Dr. Eliav Barr is appointed head of global clinical development and chief medical officer at Merck
Company executives highlight ESG performance and priorities
Merck Shares Priorities and Strategy for Environmental, Social, and Governance
Merck will host a conference to discuss long-term environmental, social, and governance priorities
Merck issues its first sustainability bond for $1 billion
FAQ
What is Merck's ESG rating?
Merck has an ESG rating of 71/100 (according to Sustainalytics), due to its commitment to environmental stewardship, health innovations, and social responsibility.
How does Merck rank in ESG performance?
Merck ranks highly in ESG performance, particularly in its social impact, healthcare access initiatives, and environmental sustainability efforts. The company has been recognized for its transparency and governance.
What are Merck's strategies for environmental sustainability?
Merck's strategies for environmental sustainability include reducing carbon emissions, improving energy efficiency in manufacturing processes, and utilizing renewable energy sources for operations.