Lean Mean Green

1
Lean Mean Green

• Tommi Elzey
• Justin Hughes
• Andra Huhulea
• Chris Hunter
• Ray Nedbal

2
What is a green economy?

• considered to be a component of and dependent
  upon the natural world of which is it a part
• includes impacts to nature, non human species,
  the planet, earth sciences, and the biosphere
• emphasizes on the ecosystem as the starting point
  for economics

3
What is a green economy?

• based on three theories
• it is impossible to expand forever into a finite
  space
• it is impossible to take forever from finite
  resources
• everything on the surface of the Earth is
  interconnected

4
Green economy principles

• It is impossible to expand forever into a finite
  space.
• It is impossible to take forever from a finite
  resource.
• Everything on the surface of the Earth is
  interconnected.

5
How would you design a green business model?

• the working space is very important to sustaining
  a green business
• the building should be designed with the green
  economy in mind
• Co-generation, paperless office practices

6
How would you design a green business model?

• green buildings cost more during the
  construction process, but are cheaper to operate
• designers and architects now have the means to
  construct an energy efficient building, which
  allows for savings in equipment

7
How would you design a green business model?

• green buildings minimize waste and conserve
  energy
• recycling and minimizing paper waste help sustain
  a green economy
• less use of fossil fuels also reduces global
  atmospheric gases that pollute the environment
  and poison the water

8
Are green business models successful?

• Green is in fashion
• Can lower costs and boost public opinion
• Green energy cuts costs by reducing a companies
  dependencies on foreign inputs
• Engineering new eco-friendly alternatives will
  increase the companies market share in the long
  run
• Auto manufacturers - the companies with the
  newest hybrid technology are quickly over taking
  the market. (honda, toyota)

9
Are green business models successful? (contd)

• Honda has also opened a 86.7 million dollar
  photovoltaic cell manufacturing plant in the U.S.
  to enter the solar panel market.

10
What is the role of green financing and green
investing?

• Green financing and investing are ways for people
  to
• Denote raise money
• Promote conscientiousness of environmental
  concerns.
• Supports the saving of our environment, thereby
  advancing a healthier environment.

11
What is the overall health benefit from a green
economy?

• A green economy will help ensure
• taxation and regulation
• discourage pollution
• wasteful use or overuse of finite resources is
  limited
• ecological sustainability
• in addition a green economy would help
  redistribute wealth from the rich to the poor

12
Merck Co.

• Merck Co. is a global research-driven
  pharmaceutical company, established in 1891.
  Merck discovers, develops, manufactures and
  markets vaccines and medicines to address unmet
  medical needs.
• Merck is one of the top 5 largest pharmaceutical
  companies in the world both by capital and
  revenue.
• Merck employees over 60, 000 people in over 120
  countries in 61 factories worldwide.
• Revenue in 2005 exceeded 22 billion
• dollars

13
Merck Products

• Products include
• Vytorin- cholesterol reducer
• Propecia used for male pattern baldness and
  prostatic conditions.
• Emend treats vomiting and nausea brought about
  by chemotherapy.
• Fosamax osteroporosis medication.
• Singulair an asthma medication that blocks
  leukotrines.
• Crixivan a protease inhibitor HIV medication.
• Maxalt - one of many triptans used to treat
  migraines.
• Cozaar/Hyzaar - used to treat hypertension and to
  reduce the risk of strokes.
• Cosopt - reduces intraocular pressure in people
  with glaucoma or ocular hypertension.
• Invanz - an injectable antibiotic used for those
  with diabetic foot infections.
• Gardasil - a vaccine against HPV
• Zostavax - a vaccine for prevention of shingles
  in adults older than 60 years of age.
• ProQuad - a vaccine for simultaneous vaccination
• against measles, mumps and rubella in children.
  
• Januvia - a for the treatment of diabetes

14
Merck Nonprofit

• Merck also publishes unbiased health information
  as a not-for-profit service.
• Merck has published the Guide to Making the Most
  of Your Annual Doctors Visit, a new free
  information resource designed to  help patients
  more effectively communicate with their doctors.
• The Merck Company Foundation
• has distributed over 160 million
• to educational and non-profit
• organizations since it was
• founded in 1957.

15
Green Merck

• Merck is committed to the efficient and
  responsible use of energy in its global
  operations.
• Merck continually seeks opportunities to promote
  energy conservation at our facilities worldwide.
• Merck also encourages employees
• to employ energy conservation
• practices both at work and at home

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Energy Use

• The Global Energy Team (GET) is a
  cross-functional organization formed to
  re-engineer how the company buys and consumes
  energy. GET also drives an expanded communication
  program to educate employees about the need to
  save energy.
• Merck will achieve a 25 percent reduction in
  energy use per unit area by the end of 2008. The
  reduction in energy per unit area will be
  measured against energy use per unit area use
  during the baseline year of 2004.

17
Water Conservation

• The Global Energy Team (GET) also provides focus
  on water conservation. This enhanced scope
  reflects the significant links between energy and
  water consumption and reinforces Merck's position
  that thoughtful use of these resources is a key
  corporate responsibility
• Merck will achieve a 15 reduction in the total
  amount of water used by the company by the end of
  2008.
• This will be a difference of
• nearly 7.3 million
• cubic meters.

18
Green Chemistry at Merck

• Won the 2005 and 2006 Presidential Green
  Chemistry Challenge Award.
• 2005 developed a significantly greener, less
  wasteful process to produce EMEND.
• 2006 for the novel synthesis of the active
  ingredient in Mercks innovative new medicine for
  type 2 diabetes.
• Named an Energy Star 2006 Partner of the year.
• for outstanding contribution to reducing
  greenhouse gas emissions through effective energy
  management.

19
Merck vs. Greenhouse Gas

• Merck supports the goal of enhanced voluntary
  company actions to control greenhouse gas
  emissions.
• Merck spent 35.5 million in 2005 for
  environmental capital projects.
• Merck has eliminated its use of coal-fired
  boilers throughout the world.
• In December 2005, the Company installed its first
  large-scale solar energy system in New Jersey.
• Merck is creating a unique clean energy building
  prototype, which will be nearly self-sufficient
  in producing the electricity it needs, with
  virtually no greenhouse gas emissions.

20
Champions for the Environment

• Promote respect for the environment and
  conservation of natural resources.
• Educate employees and the community about the
  importance of individual and corporate
  environmental responsibility.
• Involve an organization from the local community.
  
• Involve employees to the fullest extent possible.

21
Champions for the Environment

• Some initiatives include
• MSD Brazil
• Reforesting in Spain
• Improving the landscape
• in Ireland
• Wetland cleanup
• in West Point, PA

22
Disaster and Emergency Relief

• Respond in a timely and appropriate manner
• Meet the needs of relief agencies and the
  affected community
• Provide consistent and coordinated company-wide
  relief efforts
• Facilitate communications and dissemination of
  information among employees and key external
  groups, customers, Merck neighbors and relief
  agencies

23
Disaster and Emergency Relief

• United States Donated nearly 11 million in
  vaccines and medicines to relief agencies and
  state departments of health to help victims of
  Hurricanes Katrina and Rita.
• Southeast Asia Donated more than 11.5 million
  in cash, products and employee contributions to
  relief efforts following the devastating tsunami
  that struck parts of Asia and Africa on December
  26, 2004.
• Pakistan The Merck Company Foundation responded
  with a 250,000 cash contribution to the
  Pakistani Presidents Relief Fund for Earthquake
  Victims 2005.
• Middle East Donated over 1.9 million worth of
  medicines to non-profit organizations working in
  Lebanon and Israel.

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Sources

• www.merck.com
• www.wikipedia.com
• Finance.yahoo.com
• Financial Times (ft.com)