Transforming Product Innovation through Evidence‑based Sustainability
Developing innovative, sustainable solutions is integral to Sika’s innovation strategy. The key objective of the Sustainability Portfolio Management (SPM) approach is to create value-added products that combine optimized performance with benefits relating to sustainability.
Sika’s SPM methodology is based on the World Business Council for Sustainable Development (WBCSD) Chemical Industry Methodology for Portfolio Sustainability Assessments (PSA). Sika uses the SPM methodology to evaluate and classify products based on their performance and sustainability. By assessing products against a set of criteria within their respective market segments, Sika can support the promotion of both new and existing products under the “Sustainably Sika” communication framework.
SPM is an internal assessment methodology and does not certify or independently verify a product. The performance and sustainability categories used in the SPM methodology are directly aligned with the sustainability topics identified as material to Sika in the Sika Materiality Analysis. They also support the company’s contribution to achieving the UN Sustainable Development Goals (UN SDGs). The SPM methodology is an integral part of the product creation process (PCP). This standardized approach enables products to be evaluated efficiently during the development process and ensures decision-making and benchmarking are based on accurate information.
The SPM methodology applies to all product categories, covering both new product developments and existing products, and follows a four-step approach. This allows Sika to evaluate products on their performance and sustainability profiles along with their contribution to the company’s strategic objectives. Priority is given to products that account for a larger volume of sales or have greater relevance in terms of sustainability.
1. SEGMENTATION
Products are evaluated and classified within specific segments. This segmentation provides the context for each product’s unique combination of technology and application.
2. SUSTAINABILITY
Evaluation of the product against the range of criteria covered under 11 different sustainability categories (SPM sustainability profile).
3. PERFORMANCE
Evaluation of the product against the range of criteria covered under 6 different performance categories (SPM performance profile).
4. CLASSIFICATION
The results of steps 2 and 3 are combined to determine the product’s final classification (SPM profile).
The sustainability categories that form part of Sika’s Sustainability Portfolio Management (SPM) methodology are designed to cover the sustainability topics identified as material to Sika. Products assessed under the SPM methodology undergo a rigorous evaluation against 11 sustainability categories to determine whether they meet the criteria for a Sika Sustainable Solution. Additional sustainability-related information on product packaging helps customers make informed purchasing decisions.
Supplier sustainability
Sharing values for greater success
Regulatory trends
Aligning product development with regulatory trends and stakeholder expectations
Energy
Products that promote energy efficiency principles
Chemical hazard & exposure
Assessing and eliminating chemical hazards and exposure
Health & safety
Products that are healthy, safe, and easy to use
Packaging
Prioritizing the use of responsible product packaging
Reputational risks
Addressing current and future reputional & business risks
Air quality & emissions
Products that promote good air quality and minimise emissions
Climate
Products that minimise the impact on the climate
Green Building Standards
Products that contribute to world-renowned Green Building Standards
Resources & circularity
Efficient use of precious resources
The performance categories that form part of Sika’s Sustainability Portfolio Management (SPM) methodology are comprehensive and cover technology-specific topics identified as material to Sika. Products assessed under the SPM methodology undergo a rigorous evaluation against six performance categories to determine whether they meet the criteria for a Sika Sustainable Solution.
Technical performance
Achievement of defined technical objectives
Additional features
Requirements specific to the product and technology
Aesthetics
Well-designed products with an appealing appearance and effect
Ease of application
The product’s convenience and ease of use
Cost benefits
Cost-effective solutions
Durability
Solutions that prove the test of time