At Merck, the foundation of our strategy is our unwavering commitment to values and integrity.
All employees are expected to behave ethically and in compliance with the Merck code of conduct and policies. The code of conduct, called “Our Values and Standards,” is the foundation of our Company’s ethics and compliance program.
We believe ethics and compliance training is an important part of creating a strong culture at Merck. The Global Compliance Training Series (GCTS) portfolio of required fundamental courses help build awareness of the Merck Code of Conduct. The GCTS includes Understanding the Merck Code of Conduct, Preventing Corruption and Bribery, Preventing Discrimination and Harassment, Protecting Trade Secrets, and several other courses that are mandatory for targeted employees.
We aspire to be the most trusted healthcare company in the world. Our Values and Standards are an essential part of how we build trust and confidence with customers, partners, employees, the general public and other stakeholders. We’re working every day to earn trust by engaging audiences on all sides of the issues that matter, and by going beyond mandatory disclosure to proactively communicate key information in greater detail.
We disclose information through a variety of mechanisms, including our financial and corporate responsibility reporting, participation in voluntary efforts such as the Carbon Disclosure Project, through the media, and through one-on-one stakeholder discussions.
|ETHICS & TRANSPARENCY||2011||2012|
|Employees trained on our Code of Conduct||90%||92%|
|Substantiated allegations to concerns/issues raised||65%||60%|
|Reported concerns regarding privacy practices, breaches of privacy, and losses of personal data and devices that were substantiated1||68%||23%|
|1 Privacy concerns include all concerns escalated to the Merck Privacy Office about the company’s privacy practices. Substantiated concerns are those that are determined to be inconsistent with Merck privacy standards or that involve loss of, theft of or unauthorized access to personal data.|
Last Updated October 22, 2013