Enhancing Customer Value, Reducing Environmental Impacts, and Assuming Social Responsibility
As a global company, Sika is committed to sustainable development. The company honors its responsibilities by offering sustainable solutions for energy-efficient constructions and environmentlly friendly vehicles. It also implements numerous projects and measures aimed at boosting the Group’s business, social, and ecological sustainability.
Sustainability Strategy
Sika is committed to continuously measure, improve, report and communicate sustainable value creation. “More value, less impact” refers to Sika’s commitment to maximize the value of our solutions and contributions to all stakeholders while reducing risks and resource consumption.
Six strategic targets focus on economic performance, sustainable solutions, local communities/society, energy, water/waste and occupational safety. Sustainability is one of Sika's key strategic pillars that is used as a competitive advantage to benefit all stakeholders.
Triple Bottom Line Sustainability Framework
John Elkington began to measure sustainability during the mid-1990s by encompassing a new framework to measure performance. This accounting framework, called the triple bottom line (TBL), went beyond the traditional categories of profit, return on investment, and shareholder value to include environmental and social dimensions. For Sika, the economical, social and environmental dimensions of reporting support sustainability goals.
Economic
Dimension
Sika takes a long-term perspective on the development of the business. Sustainability is a key component of the company's innovation drive. For buildings and industrial applications Sika enhances durability and improves both energy and material efficiency.
Environmental
Dimension
Efficient use of energy and natural resources are crucial to sustainable development. Sika aims to minimize the impact on climate change by reducing energy consumption, with the positive effect of lowering costs and increasing competitiveness.
Social
Dimension
Social responsibility is a necessary component of success. Mindful of its obligations, Sika actively engages in sustainable and humanitarian development projects, either as a member of international organizations, or directly on the spot.
UN Development Goals
Sika is making a contribution to the UN 2030 Agenda for Sustainable Development, focusing on seven of the 17 goals. Among others, both the construction and the automotive industry highly influence these goals.
Sika's Code of Conduct
Sika’s “Code of Conduct” defines the standards and rules of behavior for the company and all its employees.
ESG - Committed to Sustainable Performance
Sika aims to run the business in a responsible, beneficial manner while serving the needs of all stakeholders – clients, partners, employees, investors and the communities where the company operates. Please see the Sika presentation on Environmental, Social and Governance (ESG). These three metrics give evidence on Sika's commitment to sustainable performance.
