Energy Management
Sika’s production and distribution activities are less energy intensive than its supplier industries, specifically the chemical industry, but base to a large extent on non-renewable energy sources. This exposes Sika to price volatilities, supply uncertainties, and increasing regulatory action related to energy consumption like the taxation of CO2 emissions. Therefore, Sika believes that energy efficiency and mitigation of emissions are key success factors of its overall efficiency efforts.
Apart from raw materials, energy is the main resource input for Sika’s operations. CO2 emissions are a consequence of fossil fuel consumption, but also direct emissions from manufacturing processes, which can be limited by increasing energy efficiency. The CO2 footprint of purchased electricity depends on the power production in each country and cannot be influenced easily. Sika is committed to maximizing the share of renewable electricity supply in its operations through diverse types of renewable instruments, minimizing negative impacts on climate change, reducing costs, and increasing competitiveness.
