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Growth stands at the center of the Sika strategy. Various initiatives contribute to the achievement of the targets. Since 2015 Sika made 20 acquisitions, opened 11 new national subsidies and 37 new plants. The successful Target Market concept has been implemented and megatrends are driving growth.
In this context, innovation is one of the pillars of the Sika growth strategy: 333 new patents were filed and 20 Global Technology Centers are maintained throughout the world. Sika is committed to sustainable development. The Sika sustainability strategy has got off to a successful start, with the company exceeding most of its targets for 2015. The Guidelines of the Global Reporting Initiative have provided the framework for sustainability reporting since 2013.
In May 2017, Sika enters the Swiss Market Index (SMI), the leading index of the Swiss stock exchange, containing the top 20 Blue Chip companies of Switzerland. This represents a milestone in the history of Sika and a great achievement that was only possible due to the successful Growth Strategy and focused performance management.
In May 2018, Sika, the Burkard family and Saint-Gobain have signed agreements which terminated and resolved their dispute to the common benefit of all parties involved and that of their respective shareholders and stakeholders.
In May 2019, Sika completes the acquisition of Parex, the biggest acquisition of the company’s history. With this acquisition, Sika further strengthens its world leader position in construction chemicals.
Sika provides integrated, fully compatible products for your various construction projects, from basement to roof, in building and infrastructure construction worldwide. Our construction material solutions provide for you:
Sika takes a long-term perspective on the development of the business and acts with respect and responsibility towards its customers, stakeholders and employees. Sika operates with a strong focus on safety, quality, environment, fair treatment, social involvement, responsible growth, and value creation.
Sustainability is a key component of the company’s innovation drive. For buildings as well as for industrial applications Sika aims to enhance durability and improve both energy and material efficiency. The company keeps making every effort to contribute to reducing resource consumption both within the company as well as for its partners who trust in Sika’s products. Sika’s initiatives and progress are organized along the Global Reporting Initiative.
[Sika Tanzania is supporting “ProjeKt Inspire”, an initiative aiming at opening career options to younger generations]
Image: Sika Tanzania is supporting “ProjeKt Inspire”, an initiative aiming at opening career options to younger generations
Throughout all this, Sika puts safety first. The well-being and health of the employees and partners is a prerequisite to Sika’s success. Creating safe work environments is always a top priority.
Sika enhances social and economic progress in all countries and communities it operates in. Sika is actively supporting social projects in local communities. As a member of the UN Global Compact the company is committed to global sustainable development.
Sika does not compromise on integrity and apply high ethical standards to its work. Sika’s “Code of Conduct” defines the standards and rules of behavior for the company and all its employees.