DISCLOSURE 103-1: EXPLANATION OF THE MATERIAL TOPIC AND ITS BOUNDARY
Environmental compliance is a material topic for our operations across all regions. However, regulations vary very widely between regions and countries.
DISCLOSURE 103-2: THE MANAGEMENT APPROACH AND ITS COMPONENT
Sika therefore delegates the responsibility for environmental compliance to the operating subsidiaries. They must all operate a management system to ISO 14001, which includes legal compliance and a compliance assurance mechanism with internal and external controls.
In a management review with their teams, the General Managers of all companies ensure that no compliance failures have occurred, or fines incurred, and confirm this annually to the Group Compliance Office.
DISCLOSURE 103-3: EVALUATION OF THE MANAGEMENT APPROACH
Sika regards this approach as effective in view of the absence of legal action against the subsidiaries.