Sika Ag · SIX:SIKA
Sika — Investor Day (2022)
21 slides from Sika's investor day presentation, 2022
Slide 1: Sika's Way to Net Zero
SIKA’S WAY TO NET ZERO PATRICIA HEIDTMAN CHIEF INNOVATION AND SUSTAINABILITY OFFICER SIKA CAPITAL MARKETS DAY 2022
Slide 2: Agenda
1. SIKA’S WAY TO NET ZERO 2. METHODOLOGY 3. NET ZERO ROAD MAP
Slide 3: Our Way to Net Zero: Committed to Net-Zero No Later Than 2050
OUR WAY TO NET ZERO SIKA IS COMMITTED TO REACH NET-ZERO NO LATER THAN 2050 Sika aims to be a driver of the transformation of the Construction and Manufacturing industry towards Net Zero and is committed to the Net Zero target by 2050 based on SBTi (Science Based Target initiative). Over the next
Slide 4: Our Way to Net Zero: SBTi Commitment
OUR WAY TO NET ZERO SBTI COMMITMENT Scope 1 (direct) and Scope 2 (indirect) Scope 3 (indirect) Commitment to Net Zero by 2050 Scope 3 well below 2°C aligned by 2032 Scope 1 & 2 1.5°C aligned: and 1.5°C aligned by 2050: - 42% by 2032 -25% by 2032 - 90% by 2050 -90% by 2050 4
Slide 5: Our SBTi Submission on September 16, 2022
OUR WAY TO NET ZERO OUR SBTI SUBMISSION ON SEPTEMBER 16, 2022 5
Slide 6: Methodology
METHODOLOGY BUILDING TRUST
Slide 7: Three Scopes - Impact for Sika
METHODOLOGY THREE SCOPES - IMPACT FOR SIKA CO2 CH4 PFCs N2O HFCs SF6 SCOPE 2 indirect SCOPE 3 SCOPE 1 SCOPE 3 indirect direct indirect 7
Slide 8: Sika's Emission Categories 2021
METHODOLOGY SIKA’S EMISSION CATEGORIES 2021 CATEGORIES ktCO2-eq EoL of sold Scope 1 156 products Scope 2 82 33% Cat.1 Purchased goods and services 6,595 Cat.12 End of Life of sold products (EoL) 4,190 Cat.4 Upstream transportation 1,070 Upstream Cat.2 Capital goods 172 transportation 8% Cat.9 Downst
Slide 9: Scope 3 Methodology Paper Available
METHODOLOGY SCOPE 3 METHODOLOGY PAPER AVAILABLE Each category assessed is described in the methodology paper. The calculation of scope 3 carbon emissions is an evolving topic based on various data sources. Sika is continuously reviewing the calculation methodology to ensure transparency and d
Slide 10: Net Zero Road Map
NET ZERO ROAD MAP BUILDING TRUST
Slide 11: Sika's Net Zero Roadmap: Our Key Levers
SIKA’S NET ZERO ROADMAP OUR KEY LEVERS Education and capacity building to improve material efficiency and circularity Accelerated use Continued of alternative focus on low carbon operational supplies efficiencies Partnerships Development with key of new innovative suppliers who solutions for support
Slide 12: Scope 1 & 2: Sika Decarbonisation Levers
SCOPE 1 & 2 SIKA DECARBONISATION LEVERS SIKA SBTI ALIGNMENT SCENARIO DECARBONIZATION LEVERS UNTIL 2032 2022 2050 Continuous energy efficiency improvements (e.g. sand drying optimization, more efficient machinery, leakage prevention, etc.) Increase the share of renewable electricity Increase ve
Slide 13: Scope 3: Sika Decarbonisation Levers
SCOPE 3 SIKA DECARBONISATION LEVERS SIKA SBTI ALIGNMENT SCENARIO DECARBONIZATION LEVERS UNTIL 2032 2022 2050 TRANSPORT: Decrease upstream and downstream transport emissions RAW MATERIALS: Reduce virgin cement and petrochemicals consumption Increase the share of low-carbon raw materials Establish
Slide 14: Cement Replacement in Mortars – Business Case
EXAMPLE NET-ZERO ROADMAP DEVELOPMENT FOR SIKA CEMENT REPLACEMENT IN MORTARS – BUSINESS CASE To achieve long-term target of -90% for Scope 3 emissions by 2050, Sika needs to find alternative raw materials that would replace virgin cement. 480 The replacement of 1ton of Portland cement by 1 ton of
Slide 15: PVC Membrane Recycling – Business Case
EXAMPLE NET-ZERO ROADMAP DEVELOPMENT FOR SIKA PVC MEMBRANE RECYCLING – BUSINESS CASE RECYCLE OF SOLD PRODUCTS Shifting from incineration to recycling reduces emissions: 1.8 kg CO2 eq per 1 kg of PVC Membranes 49 ktons of CO2 PURCHASED GOODS Replacement of fossil-based polymers by recycled membra
Slide 16: reCO2ver – Sika Breakthrough Innovation
EXAMPLE CIRCULAR ECONOMY – SUSTAINABLE DEVELOPMENT reCO2ver® – SIKA BREAKTHROUGH INNOVATION Segregates concrete back to its original ingredients to be re-used reCO2ver® for new high-grade concrete This unique process includes contributes to circular sequestration of CO2 and economy in constructi
Slide 17: Enabling Our Customers to Save CO2 Emissions
EXAMPLE CIRCULAR ECONOMY – SUSTAINABLE DEVELOPMENT ENABLING OUR CUSTOMERS TO SAVE CO2 EMISSIONS UPCYCLING EXISTING STRUCTURES Retaining 98% of the structural walls Saving time 7505 tons of CO2 Saving 130,000,000 Aus$ emissions saved Sika Carboshear was a major factor in the ability to increa
Slide 18: Sika as Enabler for a Sustainable Future
SIKA AS ENABLER FOR A SUSTAINABLE FUTURE Construction Huge opportunity as Automotive 40% of global CO2 emissions potential for progress Road traffic responsible for attributable to construction 20% of global CO2 and building sector is immense Sika possesses the solutions and innovative strength to e
Slide 19: Partnerships: Together for Sustainability
PARTNERSHIPS TOGETHER FOR SUSTAINABILITY WS 1: Governance and Partnerships WS 2: TfS Assessments WS 3: TfS Audits Coordination of TfS external Improve & further develop TfS Improve & further develop TfS Audit; partnerships Assessments; Manage EcoVadis Manage Audit companies WS 4:TfS Capability Build
Slide 20: Our Commitment
OUR COMMITMENT OUR PEOPLE OUR ENABLERS NEEDS SKILLS TAKES A TEAM IS AN OPPORTUNITY 20
Slide 21: Thank You
® BUILDING TRUST Bs