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| SIKA COMMITTED TO GLOBAL SUSTAINABLE DEVELOPMENT
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The
Sustainability Strategy 2014-2018 is producing a positive outcome. In
the first two years of the strategy, Sika has exceeded five of the six
target areas covering the economic, environmental, and social
dimensions of its business. Sika has delivered more value to its
stakeholders with less impact on the environment.
"Sika takes a long-term perspective on the development of its
business and acts responsibly towards all stakeholders. We are proud of
our sustainability achievements and the fact that we have delivered more
value to our stakeholders with less impact on
the environment." Jan Jenisch, CEO
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MORE VALUE FOR STAKEHOLDERS
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Sika's
"More Value, Less Impact" initiative, which brings the six
sustainability target areas together in one concept, is delivering on
its
promise, meeting all value adding targets during the two-year 2014/2015
period. Operating profit grew by 12.3%, reflecting the company's
excellent economic performance. All new product, system, and service
projects were assessed using Sika's Product Development
Process and all local key projects were implemented. The number of
projects benefiting local communities and societies has been increased
by 50%.
Image: Sika has defined six target areas with the largest potential
effect. They cover the economic, environmental, and social dimensions of
its business.
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LESS IMPACT ON THE ENVIRONMENT
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Sika
has significantly lowered the impact of its business on the environment
by improving its efficiency and safety in the last two years. Energy
use per ton has been reduced by 15%, water consumption per ton has
fallen by 43% and the number of occupational accidents leading to lost
work time of more than one day has decreased by 17.8%. Material
efficiency has improved by 3.3%. However, efforts to cut
waste are gaining momentum, the amount reduced having more than doubled
in 2015 compared to the first year of the "More Value, Less Impact"
initiative.
Image: Sika has performed very well over the first two years since the introduction of its Sustainability Strategy 2014–2018.
| STRATEGY PROVIDES DIRECTION, PEOPLE DELIVER RESULTS
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Sika's
commitment to continuously measuring, improving, reporting, and
communicating sustainable value creation is deeply anchored in the
organization
and its more than 17,000 employees. Internal and external training
courses are key for further development. Sika spent approximately CHF
11.1 million on staff development and provided approximately 12 hours of
training for each employee in 2015.
| ABUNDANCE OF PROJECTS IN ALL AREAS
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Sika
has initiated a whole range of new projects in all target areas across
the globe, and these are providing evidence of what the company
can achieve with its approach to sustainability. The company supports
and engages in projects and initiatives that foster the sustainable
development of local communities throughout the world. As a member of
the UN Global Compact, the company is committed
to global sustainable development. Sika does not compromise on
integrity and applies high ethical standards to its work. Sika’s “Code
of Conduct” defines the standards and rules of behavior for the company
and all its employees.
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© Sika AG |
