After the 1989 Exxon
Valdez oil spill, a group of social investors, environmental groups, religious
organizations and pension trustees formed the Coalition for
Environmentally Responsible Economies (Ceres), pronounced "series." They
then drafted the ten Ceres Principles, (which were originally called the "Valdez
Principles," but were later renamed) to link corporate environmental responsibility
with the bottom line. The principles cover environmental protection, resource
conservation, risk reduction, product safety, public access to information and
The MSD Board signed the Ceres Principles in 1990, and expanded that commitment with its Environmental Policy Statement in 1993. While the Ceres Principles were created for the private sector, MSD has found creative ways to apply them to its public-sector operations. The Principles and the Statement are intended to guide all MSD employees in their day-to-day activities, purchasing decisions and long-range planning.
To see the latest MSD annual report on this matter click here.
For more information, please contact: James Hunt
July 06, 2012