Merck 2010 Annual Report Download - page 126
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The Chairman of the Executive Board, Dr. Karl-Ludwig Kley, and the Chief Financial Officer,
Dr. Michael Becker, are both members of the Executive Board of E. Merck KG. This does not,
however, lead to conflicts of interest.
In its report to the General Meeting, the Supervisory Board discloses any conflicts of interest
involving its members and how they were dealt with. Consultancy agreements as well other
service and work contracts of a Supervisory Board member with Merck require the approval of
the Supervisory Board. In fiscal 2010, there were neither conflicts of interest nor consultancy
agreements or other service or work contracts with Merck involving Supervisory Board members.
Merck has set itself high social standards in the Merck Social Charter.
At Merck, closed-loop thinking guides the way in which we address environmental concerns
and environmental protection issues. To this end, we integrate precautionary measures into
our planning processes. Our Environment, Health and Safety Policy with its principles and
strategies implements the guidelines formulated by the national and international associations
of the chemical industry in the Responsible Care ® guidelines. The Responsible Care ® Global
Charter developed by the International Council of Chemical Associations (ICCA) in 2006 puts
even more emphasis than before on overall responsibility for products, supply chains and the
community. Merck signed this expanded version of Responsible Care ® for the entire Group in
February 2007.
Many guidelines specify how the sites and employees of the Merck Group are to observe the
principles in their daily work. The Group function Environment, Health, Safety, Security &
Quality steers these global activities and ensures compliance with regulatory requirements,
standards and business needs throughout the entire company. In this way, Group-wide risks
are minimized and continuous improvement is promoted in the areas of Environment, Health,
Safety, Security & Quality. Corporate Responsibility reports are also published at regular
intervals.
Merck Annual Report 2010 122