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Corporate Social Responsibility
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2.20.2008 - 08:30am ET
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Merck Sets Target to Reduce Global Greenhouse Gas Emissions by 12 Percent
Company also Announces New Global Public Policy on Climate Change
(CSRwire) WHITEHOUSE STATION, NJ - February 20, 2008 - Merck & Co., Inc. today
announced plans to reduce greenhouse gas emissions from the Company's
global operations by 12 percent by the end of 2012, using 2004 as its base
year. The announcement was made as part of Merck's participation in the
U.S. Environmental Protection Agency's (EPA's) Climate Leaders program,
which Merck joined in 2006.
"We believe our greenhouse gas strategy and overall efforts to protect the
environment are consistent with Merck's mission of preserving and improving
human life," said Willie A. Deese, president, Merck Manufacturing Division.
"The goal we set is quite challenging yet achievable with aggressive
planning and implementation."
Karen Klimas, vice president, Global Safety and the Environment, explained
that Merck's target is an absolute goal, meaning that the Company's
greenhouse gas (GHG) initiatives will not only need to reduce 12 percent
from 2004 levels, but will also need to offset 100 percent of any
emissions due to increased production in order to achieve a net 12 percent
GHG reduction over the period.
"Merck's greenhouse gas emissions reduction plan will be achieved through
initiatives being implemented throughout our Company to reduce our demand
for energy," Klimas said. Klimas noted that Merck is on target to reach a
25 percent reduction in intensity of energy demand from the baseline year
of 2004 by the end of 2008 (measured in million BTUs per unit area).
Merck's greenhouse gas announcement coincides with the Company's adoption
of a global public policy position on climate change. The new global
policy position recognizes the potential public health implications that
may result from climate change and outlines Merck's
multi-faceted strategy to reduce its environmental footprint, including
energy and water reduction goals, evaluating the use of renewable energy
resources, and reporting to stakeholders on progress. The policy
statement is available at www.merck.com/cr.
Climate Leaders is a voluntary partnership between the EPA and industry,
which works to develop comprehensive climate change strategies. Companies
that join Climate Leaders commit to reducing their impacts on the
environment through a corporate-wide inventory of their greenhouse gas
emissions, setting aggressive reduction goals and annually reporting their
progress to EPA.
"By sharing best practices and challenging companies to take voluntary
action, the Climate Leaders program is helping to make progress in
achieving long-term greenhouse gas reductions," said Klimas. "Merck is
pleased to partner with the EPA on this important initiative."
About Merck
Merck & Co., Inc., located in Whitehouse Station, New Jersey, U.S.A., also
known as Merck Sharp & Dohme (MSD) in most countries outside the U.S., is a
global research-driven pharmaceutical company dedicated to putting patients
first. Established in 1891, Merck discovers, develops, manufactures and
markets vaccines and medicines to address unmet medical needs. The
Company devotes extensive efforts to increase access to medicines through
far-reaching programs that not only donate Merck medicines but help
deliver them to the people who need them. Merck also publishes unbiased
health information as a not-for-profit service. For more information,
visit http://www.merck.com.
For more information about Climate Leaders, visit http://www.epa.gov/climateleaders.
Forward-looking statement
This press release contains "forward-looking statements" as that term is
defined in the Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations and involve
risks and uncertainties, which may cause results to differ materially from
those set forth in the statements. The forward-looking statements may
include statements regarding product development, product potential or
financial performance. No forward-looking statement can be guaranteed,
and actual results may differ materially from those projected.
Merck undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events, or
otherwise. Forward-looking statements in this press release should be
evaluated together with the many uncertainties that affect Merck's
business, particularly those mentioned in the risk factors and cautionary
statements in Item 1A of Merck's Form 10-K for the year ended Dec. 31,
2006, and in its periodic reports on Form 10-Q and Form 8-K, which the
Company incorporates by reference.
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