DISCLOSURE 103-1: EXPLANATION OF THE MATERIAL TOPIC AND ITS BOUNDARY
Sika’s worldwide presence makes the integration of widely differing cultures and the global exchange of knowledge and experience essential. Diversity is desired and seen as a key success factor for Sika. The company firmly believes that the diversity experienced daily by employees is one of the factors of its success, especially at senior management level.
|Location of Sika Senior Managers||Nationalities||% of senior managers|
Disclosure 103-2: The management approach and its components
Customer First, Courage for Innovation, Sustainability & Integrity, Empowerment & Respect as well as Manage for Results are the defining elements of Sika’s corporate culture. These values and principles serve as a compass at all 100 Sika national subsidiaries and are adhered to by employees around the globe. The Group’s culture of trust, transparency, and openness thus has a firm global foundation that is lived out in practice. Last year, a leadership commitment was formulated on the basis of the four pillars Drive Change, Unlock Potential, Win Together, and Inspire. This leadership commitment will help to preserve Sika’s corporate culture. Together with the values and principles, it provides managers with clear and tangible guidelines.
Sika strives to increase the proportion of women in managerial and commercial positions. Women account for 22.8% of the total headcount (2019: 23%) and 20.7% of managers (2019: 21%). Sika is committed to providing equal opportunities for all its employees.
Disclosure 103-3: Evaluation of the management approach
Sika introduced its five values and principles in 2014. The success of any company hinges not only on implementing the right strategy, but also on harnessing the trust and commitment of its employees. Sika’s rise to its leading global position is driven by the five values and principles that define its corporate culture. These are Customer First, Courage for Innovation, Sustainability & Integrity, “Empowerment & Respect, Manage for Results.
In the coming year(s), Sika will continue to enhance its culture of individual responsibility, entrepreneurship and strong leadership. This has been reinforced by top management through the launch of the new Leadership Commitment, which is designed to inspire the whole organization and guide the future generation of leaders, and is based on 4 pillars. Sustainability, integrity and respect are at the center.