HOW MERK IS TOGETHER FOR SUSTAINABILITY sustainable sourcing , and strive to minimise our environmental impact .
Q . WHAT STRATEGIES HAVE YOU USED TO BALANCE TRADITIONAL PROCUREMENT PERFORMANCE WITH MEETING SUSTAINABILITY TARGETS ?
ยป Just to name a few approaches that have worked well within our relationship with our partners : Sustainability aspects have become a regular exchange topic in our relationship with key suppliers alongside the classical procurement subjects . This is a two-way conversation and there is benefit on both sides . We have signed contracts with suppliers
As Mathias mentioned , Merck is on the front foot when it comes to sustainability , working closely with its suppliers to uncover sustainable solutions , prioritise sustainable sourcing , and strive to minimise its environmental impact . In line with its sustainability strategy , Merck aims for transparency in all its sourcing regions and fully integrates sustainability across its value chains . Two key indicators are used to measure the sustainability performance of relevant suppliers with valid sustainability assessments : In 2023 , 66 % of its relevant suppliers were covered by a valid sustainability assessment ; 94 % of the spend generated from these suppliers was covered by suppliers with a valid sustainability assessment .
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