SUSTAINABILITY
Merck Establishes External Expert Advisory Panel for Sustainability As part of the sustainability strategy of Merck, the company has established The Merck Sustainability Advisory Panel (MSAP), which is made of six independent international experts who will advise the company on sustainability issues.
M
erck has established an
Merck’s sustainability strategy
external expert committee
Merck presented its sustainability
for sustainability, The Merck
strategy in November 2020, which aims
Sustainability Advisory Panel (MSAP).
at pursuing specific goals in the areas
The new committee consists of six
of science and technology and value
independent international experts
chains as well as climate change and the
on sustainability-related topics who
environment:
will advise Merck on selected issues
• Goal 1: In 2030, Merck will achieve
and critically assess its sustainability
human progress for more than one billion
performance as well as the company’s
people through sustainable science and
planned activities.
technology.
The experts will also apply their
• Goal 2: By 2030, the company will
knowledge to help address societal and
integrate sustainability into all its value
political challenges and developments
chains.
that could impact the businesses of
• Goal 3: By 2040, Merck will achieve
Merck, covering a wide range of topics:
climate neutrality and reduce its resource
from shaping and implementing ideas
consumption.
for environmental and climate protection to entrepreneurial sustainability
Merck also wants to make a clearly
principles, future-oriented business
recognizable contribution to the
leadership, and sustainability
The members of the Merck Sustainability Advisory Panel
transformation as well as ESG key figures
• Glynda Bathan-Baterina (Philippines): Deputy
Over the past several months, the
and sustainable finance.
Executive Director of Clean Air Asia
company has made clear progress in the
“As a science and technology company,
• Michael Braungart (Germany): Founder and CEO
implementation. For example, the most
we want to find answers to the most
of Braungart EPEA Internationale Umweltforschung,
recent Annual General Meeting agreed
pressing challenges of our time. That’s
Professor at Leuphana University Lüneburg
to a resolution to integrate sustainability
why we have embedded sustainability as
• Todd Cort (United States): Faculty Co-Director of both
aspects into the compensation system of
a key element of our corporate strategy
the Center for Business and Environment (CBEY) and
the Executive Board.
and set ourselves ambitious goals. The
the Initiative on Sustainable Finance (YISF) of the Yale
The company is working to systematically
internationally renowned experts of the
School of Management
incorporate sustainability into all company
Merck Sustainability Advisory Panel will
• Maja Göpel (Germany): Expert for sustainability
processes.
support us in achieving these goals,”
policies and transformation research, Honorary
said Herwig Buchholz, Head of Group
Professor at Leuphana University Lüneburg
For further information:
Corporate Sustainability, who chairs the
• Ioannis Ioannou (United Kingdom): Associate
www.merckgroup.com/en/
MSAP for Merck.
Professor for strategy and entrepreneurship at the
sustainability
The MSAP supplements the existing
London Business School
expert panels on bioethics and digital
• Huiyao (Henry) Wang (China): Founder and President
ethics.
of Center for China and Globalization (CCG).
and international trade, sustainable
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N. 72 - NOVEMBER/DECEMBER 2021 - international PAINT&COATING magazine
Sustainable Development Goals of the United Nations.
