More Performance - More Sustainable
Sika’s Sustainability Portfolio Management (SPM) methodology is built on the WBCSD’s Sustainability Portfolio Methodology Chemical Industry Methodology Framework which Sika has been actively involved in developing through the World Business Council for Sustainable Development’s (WBCSD) Chemical Sector Industry Group’s project on SPM.
SPM is the mechanism used by Sika to evaluate and classify its products in defined market segments in terms of both Performance and Sustainability. The objective of Sika’s SPM approach is to manage innovation and sustainability, minimizing the risks and maximizing the opportunities associated with our products.
The outcome of the SPM is a portfolio of “Sustainable Solutions” – products with combined significant Sustainability and Performance benefits.
Innovation - Stronger Focus on Product Sustainability
Innovation is one of Sika’s strategic pillars. By 2023, the company aims to achieve 25% of sales with products released in the past five years. At Sika, innovation is always driven by customers’ needs. This is why every new Sika solution must add value for customers with improved environmental impact.
Sika’s objective is to meet the challenges faced by customers today, by launching new products in response to tighter regulations for adhesives and sealants, developing new solutions to meet the ever-greater demands in terms of easy and efficient application and environmental compatibility.
Sika’s product platforms provide answers to global trends, such as resource-saving building methods, energy-efficient and low-emission construction materials, high-speed manufacturing methods, and lighter, safer, and more environmentally friendly vehicles.
"Sustainability Portfolio Management is an important pillar of the company's effort to create more value for customers while reducing the negative impact on the environment. " Mark Schneider, Head Global Product Sustainability
The Sustainability categories that form part of the Sika Sustainability Portfolio (SPM) methodology are comprehensive and cover the sustainability topics material to Sika. Products assessed under the SPM methodology undergo a rigorous evaluation against 12 Sustainability Categories, ensuring that Sika Sustainable Solutions are fit for purpose.
The Performance categories that form part of the Sika Sustainability Portfolio (SPM) methodology are comprehensive and cover technology specific topics material to Sika. Products assessed under the SPM methodology undergo a rigorous evaluation against 6 Performance categories, ensuring that our Sustainable Solutions are fit for purpose.
Upon completion of the SPM assessment, products are assigned a final sustainability and performance rating. Only products which demonstrate significant sustainability and performance benefits can qualify as "Sustainable Solutions".
"Reducing the amount of Portland cement in mortars is proven to enhance resource efficiency and make a commitment to the environment. At the same time, the product formulation improves performance and creates added value for our customers. " Bernard van Sever, Head of Corporate Target Market Refurbishment
Here are some examples of products which are assessed to demonstrate both significant Sustainability and Performance benefits qualify as Sustainable Solutions.