Innovation and Sustainability are one of the pillars of the Sika Strategy 2028. Sika supports the Science-Based Target initiative (SBTi) and joined the growing group of leading corporations that are setting emissions reduction targets in line with the objective of the Paris Agreement. Sika recognizes the crucial role companies can play in minimizing the risk climate change poses to the future of our planet. Link: https://www.sika.com/en/sustainability/sika-sustainability-strategy/way-to-net-zero.html

Creating value-added products based on both higher performance and sustainability benefits is the key objective of the Sustainability Portfolio Management (SPM) approach. Please see the description of this SPM methodology here: https://www.sika.com/en/sustainability/sustainable-solutions/sustainability-performance-management.html . Sika’s SPM methodology is based on the World Business Council for Sustainable Development (WBCSD) Chemical Industry Methodology for Portfolio Sustainability Assessments (PSA). Sika uses the SPM methodology to evaluate, classify, and market products in terms of performance and sustainability.

The performance and sustainability categories represented within the SPM methodology are directly aligned to the sustainability topics material to Sika (Sika Materiality Analysis) and support the company’s contribution to the UN Sustainable Development Goals (UN SDGs). The SPM methodology is an integral part of Sika’s innovation process.The SPM methodology applies to all product categories, including new product developments as well as existing products, and follows a four-step approach. This allows Sika to evaluate products on their performance and sustainability profiles.