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Sika AG

Common Name
Sika
Country
Switzerland
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
34,000
Ticker
SIKA
Exchange
SIX SWISS EXCHANGE
Description
Sika AG is a Swiss multinational company specializing in specialty chemicals, with a primary focus on serving the global building and motor vehicle industries. Founded in 1910 and headquartered in Baa...

Sika's GHG Emissions Data Preview

In 2024, Sika completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Sika has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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a
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a
0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
0000000
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Verified Sources Behind Sika’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Sika’s data sources below and access millions more through our Disclosure Search.

a. Sika's Annual Report 2024
a. Sika's Annual Report 2024
b. Sika's ESG Data Spreadsheet 2021
b. Sika's ESG Data Spreadsheet 2021

Insights into Sika's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSika amounted to356,833metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Sikaincreased by 1.36%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Sika's Scope 1 Emissions Over Time

201920202021202220232024050 k100 k150 k200 ktCO2e+17%+53%+22%-11%0%
  • Total Scope 1
  • Year-over-Year Change

What are Sika's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sika were 168,946 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Sika reduced its Scope 1 emissions over time?

Since 2019, Sika's Scope 1 emissions have increased by 91.98%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Sika's Scope 1 emissions remained relatively stable, indicating that Sika's emissions have plateaued with no significant change in its operational footprint.a

What are Sika's Scope 2 emissions?

In 2024, Sika reported Scope 2 greenhouse gas (GHG) emissions of 68,404 tCOâ‚‚e using the market-based method and 187,887 tCOâ‚‚e using the location-based method.a

Has Sika reduced its Scope 2 emissions over time?

Since 2019, Sika's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 20.98%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), Sika's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Sika's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Sika use for Scope 2 reporting?

In 2024, Sika reported its Scope 2 emissions using the market-based method and using the location-based method.a

Sika's Scope 2 Emissions Over Time

201920202021202220232024050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sika's Value Chain Emissions

In 2024, Sika reported 15,551,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Sika includes a breakdown across 10of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Sika's Scope 3 Emissions Over Time

20192020202120222023202404 M8 M12 M16 MtCO2e-52%+83587%+24%-3%+3%
  • Total Scope 3
  • Year-over-Year Change

What are Sika's Scope 3 emissions?

In 2024, Sika reported total Scope 3 emissions of 15,551,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 67.76%of these emissions originated from upstream activities such as purchased goods and capital goods, while 32.24%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Sika reduced its Scope 3 emissions over time?

Since 2019, Sika's Scope 3 emissionshave increased by 50,064.52%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Sika's Scope 3 emissions remained relatively stable, indicating that Sika's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Sika disclose?

In 2024, Sika reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Sika's Scope 3 emissions?

In 2024, the largest contributors to Sika's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 8,139,000 tCOâ‚‚e(52.34%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 4,892,000 tCOâ‚‚e(31.46%)
  • Upstream Transportation and Distribution (Cat. 4): 1,502,000 tCOâ‚‚e(9.66%)

Sika's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(52.3%)End-of-LifeTreatment of SoldProducts (Cat. 12)(31.5%)UpstreamTransportation andDistribution(Cat. 4)(9.7%)

Insights into Sika’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Sika reported Scope 1 greenhouse gas (GHG) emissions of 168,946 tCOâ‚‚e and total revenues of USD 12,990 millions. This translates into an emissions intensity of 13.01 tCOâ‚‚e per millions USD.a

Sika's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)SRPM InternationalYear: 2025Scope 1: 70,565 tCO2eRevenue: $M 7,373Scope 1 Intensity: 9.57 tCO2e/$MCovestroYear: 2024Scope 1: 1,010,000 tCO2eRevenue: $M 14,755Scope 1 Intensity: 68.45 tCO2e/$MSasolYear: 2025Scope 1: 49,415,880 tCO2eRevenue: $M 14,074Scope 1 Intensity: 3,511.12 tCO2e/$MEastman ChemicalYear: 2024Scope 1: 6,579,760 tCO2eRevenue: $M 9,382Scope 1 Intensity: 701.32 tCO2e/$MNippon Paint HoldingsYear: 2024Scope 1: 102,807 tCO2eRevenue: $M 10,438Scope 1 Intensity: 9.85 tCO2e/$MCNGR Advanced MaterialYear: 2024Scope 1: 199,996 tCO2eRevenue: $M 5,511Scope 1 Intensity: 36.29 tCO2e/$MDICYear: 2024Scope 1: 282,856 tCO2eRevenue: $M 6,823Scope 1 Intensity: 41.46 tCO2e/$MDupont De NemoursYear: 2024Scope 1: 496,000 tCO2eRevenue: $M 12,386Scope 1 Intensity: 40.05 tCO2e/$MAir WaterYear: 2025Scope 1: 369,000 tCO2eRevenue: $M 7,175Scope 1 Intensity: 51.43 tCO2e/$MKanekaYear: 2023Scope 1: 851,000 tCO2eRevenue: $M 5,674Scope 1 Intensity: 149.97 tCO2e/$MClariantYear: 2024Scope 1: 270,000 tCO2eRevenue: $M 4,585Scope 1 Intensity: 58.89 tCO2e/$MLyondellBasell IndustriesYear: 2024Scope 1: 15,000,000 tCO2eRevenue: $M 40,302Scope 1 Intensity: 372.19 tCO2e/$MEvonik IndustriesYear: 2024Scope 1: 3,390,000 tCO2eRevenue: $M 15,773Scope 1 Intensity: 214.93 tCO2e/$MGurit HoldingYear: 2024Scope 1: 10,071 tCO2eRevenue: $M 477Scope 1 Intensity: 21.13 tCO2e/$MNagase & CoYear: 2024Scope 1: 39,383 tCO2eRevenue: $M 5,944Scope 1 Intensity: 6.63 tCO2e/$MAir Products and ChemicalsYear: 2024Scope 1: 16,900,000 tCO2eRevenue: $M 12,101Scope 1 Intensity: 1,396.63 tCO2e/$MSSSatellite ChemicalYear: 2024Scope 1: 1,664,427 tCO2eRevenue: $M 6,255Scope 1 Intensity: 266.10 tCO2e/$MAlbemarleYear: 2024Scope 1: 753,000 tCO2eRevenue: $M 5,378Scope 1 Intensity: 140.03 tCO2e/$MLindeYear: 2024Scope 1: 16,470,000 tCO2eRevenue: $M 33,005Scope 1 Intensity: 499.02 tCO2e/$MEms Chemie HoldingYear: 2024Scope 1: 22,000 tCO2eRevenue: $M 2,287Scope 1 Intensity: 9.62 tCO2e/$MDSM-FirmenichYear: 2024Scope 1: 594,400 tCO2eRevenue: $M 13,319Scope 1 Intensity: 44.63 tCO2e/$MGivaudanYear: 2024Scope 1: 132,065 tCO2eRevenue: $M 8,185Scope 1 Intensity: 16.13 tCO2e/$MNitto DenkoYear: 2024Scope 1: 291,000 tCO2eRevenue: $M 6,043Scope 1 Intensity: 48.16 tCO2e/$MIFFYear: 2024Scope 1: 740,032 tCO2eRevenue: $M 11,484Scope 1 Intensity: 64.44 tCO2e/$MAir LiquideYear: 2024Scope 1: 14,868,470 tCO2eRevenue: $M 28,157Scope 1 Intensity: 528.06 tCO2e/$MSikaYear: 2024Scope 1: 168,946 tCO2eRevenue: $M 12,990Scope 1 Intensity: 13.01 tCO2e/$M

How does Sika's GHG emissions intensity compare to its peers?

In 2024, Sika reported a Scope 1 emissions intensity of 13.01 tCOâ‚‚e per millions USD. Compared to the peer group median of 58.89, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Sika rank on GHG emissions intensity within its industry?

In 2024, Sika ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Sika among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Sika's Total Carbon Footprint

In 2024, Sika reported a total carbon footprint of 15,907,833 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.92% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Sika's total carbon footprint was Scope 3 emissions, accounting for 97.76% of the company's total carbon footprint, followed by Scope 2 emissions at 1.18%.a

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