DISCLOSURE 103-1: EXPLANATION OF THE MATERIAL TOPIC AND ITS BOUNDARY
Sika’s approach to anti-competitive behavior is based chiefly on the Code of Conduct, which requires the company and all employees to act fairly in the market both vis-à-vis customers and suppliers, and in accordance with applicable cartel and anti-trust laws.
DISCLOSURE 103-2: THE MANAGEMENT APPROACH AND ITS COMPONENTS
To support GMs in fulfilling their compliance duties, they receive a “Compliance Checklist” on a regular basis. The checklist defines Sika’s minimum requirements and best practices to minimize compliance risks. It allows all GMs to self-assess their entity’s compliance with Sika’s Code of Conduct, monitor identified risks, prevent and detect misconduct, and plan corrective actions. The 2020 Compliance Checklist contained a section on anti-competitive behavior. GMs were asked to confirm that no investigations took place concerning anti-competitive behavior, and that they trained all concerned staff adequately about how to avoid anti-competitive behavior. 100% of GMs responded to the self-assessment questionnaire, confirming that they assured compliance with anti-trust requirements.
DISCLOSURE 103-3: EVALUATION OF THE MANAGEMENT APPROACH