Press Release: SIKA JOINS INITIATIVE "TOGETHER FOR SUSTAINABILITY"

SIKA JOINS INITIATIVE "TOGETHER FOR SUSTAINABILITY"

Sika is pleased to join the 'Together for Sustainability' (TfS)

initiative as a new member. The organization, founded in 2011, aims to

improve sustainability practice within the supply chain of the chemicals

industry. Sustainability is a key feature and a central element of

Sika's growth strategy.

With this membership, Sika sets clear targets for compliance with

sustainability and quality standards in procurement and within the

supply chain. Sika is the 25(th) member and will apply global standards

for environmental, social and governance performance of supply chains.

The TfS program is based on the UN Global Compact and Responsible

Care(R) principles, and allows Sika to assess and evaluate the

performance of its suppliers in various aspects. This includes

environmental, labor & human rights, ethical and sustainable procurement

performance in order to achieve measurable improvements and its own

sustainability performance.

Marcos Vazquez, Head of Sika Group Procurement: "Sustainability is a

core element of our growth strategy and procurement plays a key role

making sure we select our vendors according to the highest standards

related to environment, labor & human rights, ethics and sustainable

procurement. Joining TfS will allow Sika to learn and exchange with its

members best practices in sustainability, and to actively participate in

the improvement of sustainability practices within the supply chains of

the chemical industry."

Bertrand Conquéret, TfS President: "The membership of Sika will

enable TfS to further deliver on its strategy to continuously increase

the sustainability impact of global chemical supply chains. By joining

TfS, Sika will benefit from the TfS framework, collaborative mindset and

robust tools to assess and improve the sustainability performance of its

supplying companies while at the same time increase its own responsible

sourcing program. Sika together with the other 24 TfS member companies,

will contribute to shaping the future of the chemical industry and its

customers."

Sika's overriding goal is to reduce CO(2) emissions per ton manufactured

by 12% until 2023. Climate Performance is one of the target areas of

Sika's Growth Strategy 2023. Due to the importance of the topic, Sika is

processing CO(2) reduction programs covering all regions and countries.

CONTACT

Dominik Slappnig

Corporate Communications &

Investor Relations

+41 58 436 68 21

slappnig.dominik@ch.sika.com

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SIKA CORPORATE PROFILE

Sika is a specialty chemicals company with a leading position in the

development and production of systems and products for bonding, sealing,

damping, reinforcing, and protecting in the building sector and motor

vehicle industry. Sika has subsidiaries in 100 countries around the

world and manufactures in over 300 factories. Sika employs more than

25,000 people and generated sales of CHF 8.1 billion in fiscal 2019. At

the end of 2019 Sika won the Swiss Technology Award for a groundbreaking

new adhesive technology.

The media release can be downloaded from the following link:

-- Media Release

https://ml-eu.globenewswire.com/Resource/Download/1f54f54a-c932-4256-8176-e1efd1979864

(END) Dow Jones Newswires

February 25, 2020 01:00 ET (06:00 GMT)