(310) 990-8397

Sika’s Net-Zero Targets Validated by Science Based Targets Initiative

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). Sika reported that this achievement underscores the company’s commitment to sustainability and its proactive role in decarbonizing the construction and automotive industries. By developing and providing sustainable solutions, Sika will continue to drive both its own and its customers’ journey to net zero.

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, Sika’s chief innovation and sustainability officer, explained “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.”

SBTi is a collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). SBTi develops standards, tools, and guidance that enable companies to set greenhouse gas (GHG) emissions reduction targets in line with the levels needed to limit global warming and achieve net-zero emissions by 2050.

For more information on Sika’s net-zero targets, click here. Learn more about Sika at www.sika.com

Source link

Thank You

We will get back to you as soon as possible