Merck & Co Inc

Country
United States
Sector
Healthcare
Industry
Drug Manufacturers - General
Employees
73,000
Ticker
MRK
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Merck & Co., Inc. is a prominent player in the global pharmaceutical industry. It is primarily focused on the research, development, production, and marketing of drugs and vaccines. Known for its stro...

Merck & Co Inc Energy Data Preview

In 2023, Merck & Co Inc disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Merck & Co Inc also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Merck & Co Inc also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Merck & Co Inc also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Merck & Co Inc's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Merck & Co Inc's Energy Renewability

In 2023, Merck & Co Inc consumed a total of 17.4 million Gigajoules of energy across its operations. Of this total, 0.3% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.7% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Merck & Co Inc's Energy Renewability Rate

0%

How much of Merck & Co Inc's energy consumed is renewable?

In 2023, Merck & Co Inc consumed a total of 17.4 million Gigajoules of energy, of which 0.3% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Merck & Co Inc has considerable room to improve its energy sustainability strategy.

Are Merck & Co Inc's energy practices becoming more sustainable?

Since 2019, Merck & Co Inc's total energy consumption decreased by 1.18%, and remained stable in 2023, suggesting earlier reductions may have leveled off.

Over the same period, the share of renewable energy in Merck & Co Inc's consumption increased by 325.78%, including a 231.06% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Merck & Co Inc’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Merck & Co Inc's Renewable vs Non-renewable Energy Over Time

19.37 M9.37 M632.3 k19.37 MGigajoules (GJ)20192020202120222023100%100%100%100%100%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Merck & Co Inc's Energy Consumption & Production Mix

In 2023, Merck & Co Inc disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Merck & Co Inc's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Merck & Co Inc's Energy Consumed by Sources and Technologies

Natural Gas(62.8%)Electricity(Unspecified Source)(22.9%)Transport Fuel(9.0%)

What are the main sources and generation technologies behind Merck & Co Inc's energy consumption?

In 2023, Merck & Co Inc's total energy consumption was primarily sourced from

  • Natural Gas (62.81%)
  • Electricity (Unspecified Source) (22.93%)
  • Transport Fuel (8.97%)

How diverse is Merck & Co Inc’s energy consumption mix?

In 2023, Merck & Co Inc consumed energy from 8 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

What are the main sources or generation technologies used by Merck & Co Inc to produce energy?

In 2023, Merck & Co Inc's energy production came primarily from

  • Other Sources, Solar Energy and Wind Energy (100%)

How diverse is Merck & Co Inc’s energy production mix?

In 2023, Merck & Co Inc produced energy using 2 different sources or generation technologies. The energy production mix is highly concentrated, with Other Sources, Solar Energy and Wind Energy alone making up 100% of total output.

Merck & Co Inc's Energy Produced by Sources and Technologies

Other Sources, SolarEnergy and WindEnergy(100.0%)

Insights into Merck & Co Inc's Energy Inflows & Self-Sufficiency

In 2023, Merck & Co Inc reported total energy inflows of 4.58 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 4.52 million Gigajoules purchased from external suppliers and 52,197 Gigajoules generated through internal production. This corresponds to a production share of 1.14%, reflecting a 79.57% percentage point increase from the previous year (2022) and a 87.22% percentage point increase since 2019.

Merck & Co Inc's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.

Merck & Co Inc's Energy Purchased vs Produced Over Time

2019202020212022202301.5 M3 M4.5 M6 MGigajoules (GJ)100%100%100%100%99%
  • Total Energy Produced
  • Total Energy Purchased
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