Sika AG 2023 AR2
The report highlights Sika's historic fiscal year 2023, marked by the successful acquisition of the MBCC Group and the launch of its new 'Beyond the Expected' Strategy 2028. The company achieved record net sales of CHF 11,238.6 million, representing a 14.5% growth in local currencies, and a record operating free cash flow of CHF 1,372.7 million. On the sustainability front, Sika reduced its greenhouse gas emissions intensity (Scope 1 and 2) by 4.4% per ton sold and expanded its purchased renewable electricity rate to 55.6%. Additionally, the company submitted its net-zero science-based targets to the SBTi for validation and successfully rolled out its Sustainability Portfolio Management methodology.
Company: Sika AG
Sector: Manufacturing
Country: Switzerland
Year: 2023
Type: AR2
Pages: 283
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Sika AG
Annual Report
The report highlights Sika's historic fiscal year 2023, marked by the successful acquisition of the MBCC Group and the launch of its new 'Beyond the Expected' Strategy 2028. The company achieved record net sales of CHF 11,238.6 million, representing a 14.5% growth in local currencies, and a record operating free cash flow of CHF 1,372.7 million. On the sustainability front, Sika reduced its greenhouse gas emissions intensity (Scope 1 and 2) by 4.4% per ton sold and expanded its purchased renewable electricity rate to 55.6%. Additionally, the company submitted its net-zero science-based targets to the SBTi for validation and successfully rolled out its Sustainability Portfolio Management methodology.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees