Environmental, Social and Governance Factors: Sika - Committed to Sustainable Performance
June 28, 2022 at 10:41 am EDT
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SIKA - COMMITTED TO SUSTAINABLE PERFORMANCE
MAY 2022
TABLE OF CONTENT
GOVERNANCE - STRUCTURES AND RESPONSIBILITIES IN PLACE
STRONG CORPORATE CULTURE
SIKA IS COMMITTED TO SUSTAINABILITY
SOCIAL RESPONSIBILITY
REMUNERATION - WELL-BALANCED COMPENSATION SYSTEM
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GOVERNANCE - STRUCTURES AND RESPONSIBILITIES IN PLACE
CORPORATE GOVERNANCE
COMMITMENT TO OPENNESS AND TRANSPARENCY
Good Corporate Governance safeguards the sustainable development and performance of the company.
Sika is committed to openness and transparency and provides information on structures and processes, areas of responsibility and decision procedures, as well as rights and obligations of various stakeholders.
The Board of Directors aims to hold a transparent and open discussion with all stakeholders and to consider their needs and views.
Furthermore, the Board regularly assesses Sika's Corporate Governance against regulatory developments, and relevant best practice standards.
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CORPORATE GOVERNANCE
COMPLIANT WITH STANDARDS AND REGULATIONS
Corporate Governance at Sika:
Adheres to the SIX Swiss Exchange's Directive on Information Relating to Corporate Governance
Follows the principles of the Swiss Code of Best Practice for Corporate Governance
Aligned with various international guidelines (GRI, Carbon Disclosure Project, UN Sustainable Development Goals, UN Global Compact, World Business Council for Sustainable Development). Initiation of reporting in line with the TCFD recommendations in 2020. Disclosure further developed year-by-year.
Complies with applicable local laws and regulations in all jurisdictions where business is conducted. The Sika Code of Conduct is binding, even in cases where local laws are less stringent.
An annual review is conducted to confirm the conformity with the Swiss Code of Obligations, the Ordinance against Excessive Remuneration (VegüV), the SIX Directive on Corporate Governance and the Sika Articles of Association with regard to Board member independency and the number of external additional mandates.
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Sika AG published this content on 28 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2022 14:40:00 UTC.
Sika AG is the world leader in manufacturing and marketing construction chemicals. Net sales break down by family of products as follows:
- construction chemicals (84.1%): admixtures for concretes and mortars, repair mortars, reinforcement and sealing products, sealants, etc.;
- industrial manufacturing chemicals (15.9%): adhesives and sealants (mainly polyurethanes, glues, and butyls) primarily for the automotive, railway and shipbuilding sectors.
Net sales are distributed geographically as follows: Switzerland (3.5%), France (6%), Europe/Middle East/Africa (30.6%), the United States (21.4%), Americas (9%), China (11.6%), Asia/Pacific (10.4%) and other (7.5%).
SIKA AG 
