Sika receives SBTi validation for its net-zero targets
Sustainability

Sika receives SBTi validation for its net-zero targets

Sika is committed to reducing its GHG emissions by 50.4% by 2032,compared to the 2022 baseline

  • By ICN Bureau | May 30, 2024

Sika’s near and long-term emissions reduction targets, aiming for net-zero emissions by 2050, have been validated by the Science Based Targets initiative (SBTi). This important achievement underscores Sika’s commitment to sustainability and its proactive role in decarbonizing the construction and automotive industries.

By 2032, Sika is committed to reducing its greenhouse gas (GHG) emissions by 50.4% compared to the 2022 baseline, for scope 1 and scope 2 emissions, whilst advancing its growth strategy. These include direct emissions from owned or controlled sources, as well as indirect emissions from purchased electricity, steam, heating, and cooling.

Over the same period, the company is also committed to reducing its scope 3 emissions by 30%, which includes all other indirect emissions in the value chain, such as those from purchased goods and services, upstream and downstream transportation, and waste disposal. The combined emissions reduction target for scopes 1, 2, and 3 is 30.4% by 2032 and 90% by 2050. Sika will report annually on its progress towards meeting these targets.

Patricia Heidtman, Chief Innovation and Sustainability Officer: "We are proud to have received the SBTi validation for our net-zero targets. By actively working with our partners, suppliers, and customers, we are driving industry-wide initiatives to mitigate climate change and open up new business opportunities. This reassures us that we are on the right path to delivering sustainable solutions that meet today’s needs without compromising the future."

 

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