GRI index: Economic performance indicators

Management approach

Economic performance , Products and climate protection, Pension plans , Supplier selection, Local executives, Indirect economic impacts: Access to health, Procurement of mica raw material, Dialogue and co-determination, Retrologistics

EC1

Direct economic value generated and distributed

Income Statement , Cash Flow Statement , Figures by division, country and region , Community investments, Personnel expenses 

7,8,9

EC2

Financial implications for the organization's activities due to climate change

In our response to the Carbon Disclosure Project, we describe the opportunities and risks that we see for Merck KGaA, Darmstadt, Germany as a result of climate change. Owing to the complexity of contents and the different probabilities of occurrence, we cannot make any meaningful estimate of the financial implications.

Climate protection,Carbon Disclosure Project

1

EC3

Company retirement pension

Pension plans , Indicators: Employees

EC4

Financial assistance received from government

Accounting policies for property, plant and equipment , Property, plant and equipment , Research and development spending 

1

EC5

Ratio of standard entry level salary compared to local minimum salary

According to the requirement of our Social Charter, all sites guarantee a salary above the local minimum salary.

Attracting and developing employees, Social Charter, Indicators: Employees

EC6

Locally based suppliers

Merck KGaA, Darmstadt, Germany does not have any specific, global policies and guidelines that are generally applicable for purchasing with local suppliers. We procure our raw materials globally, depending on availability and supply. However, there are cases in which local suppliers have a competitive advantage owing to their spatial proximity, for example technical purchases as well as purchases of packaging materials.

6

EC7

Local hiring

We promote local hiring of employees and international appointments at all levels of the hierarchy. The percentage of local executives is not recorded as it is not relevant to strategic personnel planning at Merck KGaA, Darmstadt, Germany.

Diversity, Indicators: Employees

EC8

Infrastructure investments and services provided for public purposes

Investments in infrastructure: Vocational school's technical unit, Hospital in Pakistan, Education and health care opportunities in India, Charitable activities: Social engagement, Indicators: Society

EC9

Indirect economic impacts

Access to health, Procurement of mica raw material, Dialogue and co-determination, Retrologistics