Sika AG

Common Name
Sika
Country
Switzerland
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
33,511
Ticker
SIKA
Exchange
SIX SWISS EXCHANGE
Description
Sika AG is a global leader in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry. Found...

Sika's Climate Target Data Preview

As of 2024, Sika has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Sika ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2028
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Sika's Greenhouse Gas Emissions Pathways

As of 2024, Sika has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Sika have a target to reduce the emissions from its operations?

As of 2024, Sika has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Sika's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 294,970 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2024, Sika is ahead of schedule on its operational emissions reduction target, having achieved 21.7% of the planned reduction.

Sika's Operational (Scope 1+2) Emissions Pathway

20222024202820322050075 k150 k225 k300 kBaselineCurrent (-20%)Target 2032 (-50%)Target 2050 (-90%)

Does Sika have a target to reduce the emissions from its value chain?

As of 2024, Sika has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

Sika's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 15,560,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2024, Sika is lagging behind on its value chain emissions reduction target, having achieved 0.07% of the planned reduction.

Sika's Value Chain (Scope 3) Emissions Pathway

202220242032205004 M8 M12 M16 MCurrent (-0%)Target 2032 (-30%)Target 2050 (-90%)

Does Sika have a target to reduce its total carbon footprint?

As of 2024, Sika has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Sika's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 15,854,970 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022, by 30.4% by 2032.

As of 2024, Sika is lagging behind on its total carbon footprint reduction target, having achieved 1.38% of the planned reduction.

Sika's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20222024203204 M8 M12 M16 MCurrent (-0%)Target 2032 (-30%)
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