Close
Home
Reports
About
More
Sika
About the company
To reach a final score in this category, we assess the company’s transparency in chemical production. Lower transparency makes it harder to achieve a good score. If the product portfolio transparency is very low, a company producing just one or even zero toxic chemicals (according to available data) might receive the same poor score as one producing 50.
Visit the methodology to delve deeper into the ChemScore ranking.
Action points 🔍
1. Increase transparency
Little is known about Sika’s production or use of hazardous chemicals. We have requested that the company disclose information about its chemicals management, but it has not responded to that request. To demonstrate a commitment to transparency, Sika should disclose both the share of its revenue and production volume of products that are, or contain, hazardous chemicals. This information should cover all operations, including subsidiaries, worldwide. SABIC provides a good example, as it has disclosed its full chemicals portfolio, including production volumes and locations.
2. Map and phase out persistent chemicals
Sika is responsible for placing at least one persistent chemical on the US/EU market. The risks linked to persistent chemicals are becoming increasingly clear, not only for human health and the environment, but also for companies and their shareholders. Regulatory tightening, high-profile lawsuits and growing consumer awareness make business models based on persistent chemicals increasingly risky. Sika has already identified its revenue share generated by products containing PFAS. Sika should expand this to all persistent substances. Next, it should publish a time-bound plan to entirely phase out persistent chemicals from all product groups and/or business segments.
3. Develop safer solutions
Sika currently lacks a strict policy for limiting hazardous chemicals in its new product development. As a result, both its existing and future product lines are dependent on substances that run the risk of becoming regulated. Therefore, Sika may face growing challenges in maintaining profitability in the long term. The company should set a 2030 target for the share of revenue generated by products free from hazardous chemicals and develop a strategy to achieve it. A first step, similarly to Lanxess, should be to publicly state that it will not develop or market new end-products containing more than 0.1% of substances that have the characteristics of a Substance of Very High Concern (SVHCs).
Category breakdown
How did we come to this score?
Do you want to know more about our methodology and how we rank the companies at ChemScore?
