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 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Sika amounted to 356,833 metric 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).

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

Sika's Scope 1 Emissions Over Time

2018201920202021202220232024050 k100 k150 k200 ktCO2e+83%+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).

Has Sika reduced its Scope 1 emissions over time?

Since 2018, Sika's Scope 1 emissions have increased by 251.97%, reflecting a rising long-term trend in Scope 1 emissions over time.

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.

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.

Has Sika reduced its Scope 2 emissions over time?

Since 2018, Sika's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 50.54%, reflecting a rising long-term trend in Scope 2 emissions over time.

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.

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.

Sika's Scope 2 Emissions Over Time

2018201920202021202220232024050 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.

The 2024 disclosure of Sika includes a breakdown across 10 of 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.

Sika's Scope 3 Emissions Over Time

201820192020202120222023202404 M8 M12 M16 MtCO2e-9%-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).

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.

Has Sika reduced its Scope 3 emissions over time?

Since 2018, Sika's Scope 3 emissions have increased by 45,638.24%, reflecting a rising long-term trend in Scope 3 emissions over time.

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.

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.

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:

  • 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 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.

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%.