Sustainability at Sika
Sika’s strong performance is founded on the company’s entrepreneurial philosophy and the Sika Spirit, which is a synonym for the set of five values and principles that make up the DNA and culture of the company: Customer First, Courage for Innovation, Sustainability and Integrity, Empowerment and Respect, and Manage for Results.
Strategy 2028
The Sika Strategy 2028, “Beyond the Expected” is based on four pillars: Market Penetration, Innovation & Sustainability, Acquisitions, and People & Culture, including a set of both financial and non-financial targets. With these pillars, sustainability comes into further focus.
Performance 2024 VS. Baseline
–19.5%
GHG emissions
-20% of scope 1 and 2 absolute GHG emissions1, 2022 baseline.
–4.0%
Waste disposed
-15% of waste disposed per ton sold, 2023 baseline.
–7.0%
Water discharge
-15% of water discharge per ton sold, 2023 baseline.
86/100
Employee engagement score
>80 employee engagement score2.
1 Market-based emissions.
2 Measured through a Global Employee Survey every two years. The first survey was conducted in 2024, the next one will take place in 2026.
ESG Compensation Scheme
Sika's compensation scheme for Group Management and Senior Management is aligned with the non-financial pillars of Strategy 2028. The short-term incentive (STI) includes a 10% weighting for safety, with a focus on reducing Lost Time Accidents (LTAs). The long-term incentive (LTI) incorporates environmental targets, with a 20% weighting for specific goals: a 10% absolute reduction in scope 1 and 2 GHG emissions, a 5% reduction in water discharge intensity, and a 5% reduction in waste disposal intensity.
SBTi Validation of Sika’s Net Zero Targets
Sika’s near and long-term emissions reduction targets, aiming for net-zero emissions by 2050, have been validated by the Science Based Targets initiative (SBTi) in May 2024. This important achievement underscores Sika’s commitment to sustainability and its proactive role in decarbonizing the construction and automotive industries.
