Merck Healthcare, will cover 100% of its current electricity purchases in the EU and Switzerland with renewable energy certificates from 2025 onwards.
To this end, the company has signed virtual power purchase agreements for a total of around 300 gigawatt hours (GWh) of renewable energy per year with Matrix Renewables and Renantis.
This corresponds to almost one third of all electricity purchased by Merck worldwide in 2022.
“If humanity is to avoid the worst effects of the climate crisis, it’s vital that global industry leaders accelerate their transition to renewable energy. By covering 100% of our purchased European electricity with renewable energy certificates from 2025, and advancing our efforts across all other regions, Merck continues to demonstrate its global leadership. We remain fully on track to reach climate neutrality by 2040,” said Belén Garijo, Chair of the Executive Board and CEO of Merck.
Merck will receive sufficient energy certificates (Guarantee of Origin, as issued by the AIB as part of the European Energy Certificate System) to fully cover the electricity purchased in 2022 for its three business sectors Life Science, Healthcare and Electronics for all sites in the EU and Switzerland. In the selection process of the project developer, sustainability aspects such as the support of local communities and the promotion of good environmental and social practices throughout the supply chain were important criteria.
