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
The document is a guide detailing Sika's Sustainability Portfolio Management (SPM) Methodology, which is utilized to evaluate, classify, and market products based on their performance and sustainability. It outlines the integration of the SPM Methodology within Sika's Product Creation Process, emphasizing its necessity for all new product developments. The guide describes the systematic evaluation process, which includes segmentation, sustainability evaluation, performance evaluation, and final classification of products. It also highlights the methodology's alignment with the World Business Council for Sustainable Development (WBCSD) Chemical Industry Methodology for Product Sustainability Assessment. The SPM Methodology aims to enhance transparency, minimize risks, and maximize opportunities in product development while supporting Sika's strategic focus on sustainable solutions. Additionally, it addresses the importance of anticipating market needs and enhancing corporate reporting, ensuring that Sika's products meet sustainability standards and stakeholder expectations.