Sika
Sika Sustainability Portfolio Management Methodology
Pages
20
Time to read
24 mins
Publication
Language
English
Pages
20
Time to read
24 mins
Publication
Language
English
This document is a guide detailing Sika's Sustainability Portfolio Management (SPM) Methodology, which is designed to evaluate, classify, and market products based on their performance and sustainability. The methodology is built upon the World Business Council for Sustainable Development (WBCSD) Chemical Industry Methodology for Product Sustainability Assessment (PSA) and is integrated into Sika's internal Product Creation Process (PCP). The SPM Methodology aims to systematically assess products using a consistent set of criteria, enabling Sika to develop a product portfolio with proven sustainability performance. It outlines a four-step evaluation process, including segmentation, sustainability evaluation, performance evaluation, and final classification. The document emphasizes the importance of managing innovation and sustainability, minimizing risks, and maximizing opportunities while aligning with global sustainability goals, such as the UN Sustainable Development Goals. Additionally, it highlights the methodology's applicability across all product categories and its role in enhancing corporate reporting and transparency.