DISCLOSURE 102-20: EXECUTIVE-LEVEL RESPONSIBILITY FOR ECONOMIC, ENVIRONMENT AND SOCIAL TOPICS

On executive level, the Chief Technology Officer and the Head of Human Resources and Compliance are responsible for ESG related topics. Both Managers are part of the Sika Group Management, the highest executive management level.


DISCLOSURE 102-21: CONSULTING STAKEHOLDERS ON ECONOMIC, ENVIRONMENTAL, AND SOCIAL PROJECTS

Meetings and roadshows for the financial community are planned and organized by Investor Relations (IR). IR reports directly to the Chief Executive Officer (CEO). The Chair of the Board participates at ESG relevant conversations and discussions.

The Head of Corporate Communications and IR as well as the CTO are discussing inputs with the Sustainability Advisory Board, which has a consulting function of the Board. 

Furthermore, the collaboration with initiatives and institutions like UN Global Compact, WBCSD, Together for Sustainability, helps Sika to foster and steer its stakeholder approach and to have an impact on industry policies. The active collaboration serves as  a platform for mutual commitment and exchange of know-how.

DISCLOSURE 102-22: COMPOSITION OF THE HIGHEST GOVERNANCE BODY AND ITS COMMITTEES

Please see Annual Report 2020, page 78 sq.

 

DISCLOSURE 102-23: CHAIR OF THE HIGHEST GOVERANCE BODY

The Chair of the Board is not an executive officer in Sika.

 

DISCLOSURE 102-24: NOMINATION AND SELECTING THE HIGHEST GOVERNANCE BODY

The highest governance level of climate-related risks and opportunities is the Board of Directors. The Board’s responsibility is to review and endorse the development and implementation of sustainability policies and strategies. It is one of the main tasks of the Chair of the Board to steer and oversee climate-related topics.

Group Management is responsible for the development and implementation of initiatives and actions addressing climate change, in line with the defined sustainability strategy and targets. Identification, assessment and management of climate-related risks is integrated into multi-disciplinary company-wide risk identification, assessment, and management processes.

Further information on Board responsibilities

Please see the biographies of Board members including overview of individual strengths.

DISCLOSURE 102-25: CONFLICT OF INTEREST

Please see the Annual Report 2020, pages 77 sqq.