Sika AG 2024 AR2

The report highlights Sika's record-breaking financial and sustainability performance in fiscal year 2024, achieving net sales of CHF 11,763.1 million and a 17.4% increase in net profit. Key achievements include the validation of near- and long-term emissions reduction targets by the Science Based Targets initiative (SBTi) to reach net zero by 2050. The company successfully reduced its absolute Scope 1 and 2 greenhouse gas emissions by 10.3% compared to 2023, driven by increased renewable electricity sourcing. Additionally, Sika improved its safety performance, reducing lost time accidents by 36.6% per 1,000 FTEs, and advanced its circular economy initiatives through innovative recyclable packaging and alternative raw materials.

Company: Sika AG

Sector: Materials

Country: Switzerland

Year: 2024

Type: AR2

Pages: 277

Sika AG 2024 Annual Report

Annual Report

The report highlights Sika's record-breaking financial and sustainability performance in fiscal year 2024, achieving net sales of CHF 11,763.1 million and a 17.4% increase in net profit. Key achievements include the validation of near- and long-term emissions reduction targets by the Science Based Targets initiative (SBTi) to reach net zero by 2050. The company successfully reduced its absolute Scope 1 and 2 greenhouse gas emissions by 10.3% compared to 2023, driven by increased renewable electricity sourcing. Additionally, Sika improved its safety performance, reducing lost time accidents by 36.6% per 1,000 FTEs, and advanced its circular economy initiatives through innovative recyclable packaging and alternative raw materials.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

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

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees