Sika
Sika Sustainability Portfolio Management Methodology
Pages
20
Time to read
25 mins
Publication
Language
English
Pages
20
Time to read
25 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 SPM Methodology is aligned with the World Business Council for Sustainable Development (WBCSD) Chemical Industry Methodology for Product Sustainability Assessment. It integrates sustainability into Sika's Product Creation Process, ensuring that all new product developments undergo SPM validation. The methodology consists of four key evaluation steps: segmentation, sustainability evaluation, performance evaluation, and classification. By applying this structured approach, Sika aims to enhance its product portfolio's sustainability performance while minimizing risks and maximizing opportunities. The document also outlines the governance, roles, and responsibilities associated with implementing the SPM Methodology, as well as its alignment with the UN Sustainable Development Goals. Overall, the SPM Methodology serves as a comprehensive framework for Sika to manage innovation and sustainability effectively.