Sika supports Science Based Target initiative (SBTi)
Sika aims to be a driver of the transformation of the Construction and Manufacturing industry towards Net Zero. That’s why the company supports the Science Based Target initiative (SBTi) and joined the growing group of leading corporations that are setting emissions reduction targets in line with what climate science says is necessary. By doing so, Sika recognizes the crucial role companies can play in minimìzing the risk climate change poses to the future of our planet
The Goals for Sika
Commitment to Net Zero by 2050 Scope 1 & 2
1.5° aligned
* Neutralization of residual emissions: GHGs released into the atmosphere when the company has achieved their long-term SBT must be counterbalanced through the permanent removal and storage of carbon from the atmosphere (source: SBTi Corporate Net-Zero Standard, Version 1.0, October 2021).
Scope 3 well below 2° aligned by 2032 and 1.5° aligned
by 2050
"Sika aims to be a driver of the transformation of the Construction and Manufacturing industry towards Net Zero. That’s why we support the Science Based Target initiative (SBTi). " Patricia Heidtman, Chief Innovation and Sustainability Officer
Scope 1 and 2
Sika monitors its greenhouse gas (GHG) emissions as part of the environmental responsibility the company has for climate. Since 2019, Sika has defined a strategic target for reducing scope 1 & 2 CO2eq emissions per ton sold by 12% until 2023.
Scope 3
The Sika scope 3 emissions assessment project took place between January 2021 and September 2022. Sika actively reviews its methodology by participating in various initiatives, such as:
- Together for Sustainability (TfS) workstream on Scope 3 GHG Emissions
- WBCSD SOS 1.5 Partnership for Carbon Transparency (PACT)
Sika's Emission Categories 2021
Categories | ktCO2-eq | |
---|---|---|
SCOPE 1 | 156 | |
SCOPE 2 | 82 | |
SCOPE 3 | 12,553 | |
Cat.1 | Purchased goods and services | 6,595 |
Cat. 12 | End of Life of sold products (EoL) | 4,190 |
Cat. 4 | Upstream transportation | 1,070 |
Cat. 2 | Capital goods | 172 |
Cat. 9 | Downstream transportation | 139 |
Cat. 11 | Use of sold products | 108 |
Cat. 5 | Waste generated in operations | 108 |
Cat. 3 | Fuel and energy-related activities | 81 |
Cat. 7 | Employee Commuting | 63 |
Cat. 8 | Upstream leased assests | 21 |
Cat. 6 | Busienss travels | 6 |
TOTAL | 12,553 |
Sika's Way to Net Zero - Key Levers
Sika Decarbonization Levers
Scope 1 and 2
2032
- Continuous energy efficiency improvements (e.g. sand drying optimization, more efficient machinery, leakage prevention, etc.)
- Increase boilers use of low-carbon energy (e.g. electricity, biomass)
- Increase vehicle fleet electrification
- Increase the share of renewable electricity
2050
- 100% of equipment use low-carbon energy
- 100% of electricity is renewable
- Vehicle fleet is decarbonized
Scope 3
2032
- TRANSPORT: Decrease upstream and downstream transport emissions
- RAW MATERIALS:
Reduce virgin cement and petrochemicals consumption
Increase the share of low-carbon raw materials
Establish a sustainable procurement strategy - END OF LIFE:
Enhance recyclability of Sika’s products through product formulation and packaging material
Promotion of recycling solutions
2050
- TRANSPORT: Minimize upstream and downstream transport emissions
- RAW MATERIALS:
Significantly reduce virgin cement and petrochemicals consumption
Maximize the share of low-carbon raw materials
Create a strong sustainable procurement ecosystem by actively collaborating with customers and suppliers - END OF LIFE: Become a fully circular company