For the second year in a row, Sika achieved a strong sustainability rating scoring 74 in the S&P Global Rating ESG Evaluation. This score reflects S&P Global Ratings' view that Sika embeds sustainability into its products, delivering environmental benefits to customers who are often in hard-to-abate sectors. Sika for example enhances its customers' sustainability performance by developing innovative products that require less water or fewer raw materials. The report mentions that the company's culture fosters an innovative ecosystem where flat hierarchical structures and large teams of engineers are encouraged to develop and execute new concepts.
Sika scored 74 in the S&P Global Rating ESG Evaluation
The central position given to sustainability in Sika’s strategy will make it more resilient because much of the company continued success will hinge on its ability to adapt to changing environmental and social standards. Sika will continue to develop new products that offer enhanced functionality and sustainable performance.
S&P Global Ratings views favorably Sika’s efforts to embed sustainability throughout the organization via the training and development of its workforce, partnerships with technical universities, and of research and development (R&D) decisions that focus on new products that demonstrate a sustainability benefit before receiving funding.
The S&P Global Ratings ESG Evaluation is provided by Standard & Poor's Financial Service.
Sika focusses on sustainability in its strategy. The team of S&P Global Rating therefore is convinced that Sika will continue to develop new products that offer enhanced functionality and sustainable performance.
According to the report Sika's customer focus helps to anticipate and adapt to a variety of long-term plausible disruptions, rendering the strategic approach resilient.