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GRI index: Economic performance indicators

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UNGC

GRI indicator

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Reference

Status

 

 

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

 

 

Aspect: Economic performance

 

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 

 

 

Aspect: Market presence

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

 

 

Aspect: Indirect economic impacts

 

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

Legend:

This indicator is fully reported.

This indicator is not fully reported.

This indicator is currently not reported.

Indicators shown in light gray are additional indicators and may be addressed optionally.