Sika monitors its greenhouse gas (GHG) emissions as part of the environmental responsibility the company has for climate. With Strategy 2028, the company aims to reduce by -20% scope 1 and 2 GHG emissions in absolute terms, and scope 3 emissions in alignment with the net zero pledge. Moreover, the compensation scheme of Group Management and Sika Senior Managers is linked to the GHG emissions performance of the company (scope 1 and 2). The company will keep analyzing and reporting on GHG emissions with the aim to develop a net zero roadmap aligned with the objective of the Paris Agreement to limit the increase of global temperature to 1.5°C above pre-industrial levels.

Scope 3 Assessment and Net Zero Target

Sika is addressing climate change comprehensively in its strategic development. To do so, several projects and initiatives were kicked off in the last years as a basis for developing Sika net zero roadmap. All these ongoing projects and activities will allow Sika to define a comprehensive climate strategy with concrete long-term plans to decarbonize its business.

In 2022, Sika initiated a net zero project to develop a detailed roadmap with GHG emissions abatement targets. In the same year, Sika finalized a 2-year company-wide initiative to systematically identify and calculate emissions from its material scope 3 GHG categories in accordance with the requirements of the Greenhouse Gas Protocol (GHGP). This analysis will contribute to the definition of a climate strategy and carbon reduction pathway to reach net zero by 2050.

Moreover, following its official commitment in September 2022, Sika received the SBTi validation of its near and long-term emission reduction targets in May 2024. By 2032, Sika is committed to reducing absolute scope 1 and 2 GHG emissions by 50.4% compared to the 2022 baseline. Over the same period, the company is also committed to reducing absolute scope 3 GHG emissions by 30%. By 2050, Sika is committed to reducing absolute scope 1, 2 and 3 GHG emissions by 90% compared to the 2022 baseline.

Air Emissions

All local companies must comply with applicable laws and regulations related to air emissions parameters. Air emissions are monitored by Sika as part of its legal obligations. This topic is managed directly by local operation facilities in accordance with local regulations and internal guidelines.

Some Projects to Reduce GHG Emissions

Year

2021 2022 2023 2024 2025

Topic

CO2 Emissions Employer branding Energy Operations Sustainability Waste

Location

Africa Americas Asia Europe