Governments are enacting stringent rules in response to climate change. Sika is a pioneer in adapting and formulating within the construction and transportation industries, paving the way for a more sustainable future.
Key Facts and Figures
G20 members account for 75% of global greenhouse emissions. More than 70 countries, including China, US, and EU, have set a net-zero target, covering about 76% of the global emissions.1
Net-zero buildings are designed to generate their annual energy from renewable sources. All countries are targeted for zero-carbon codes for new buildings by 2030. Just 5% of new buildings were zero-carbon-ready in 2020.2
In 2022, the EU proposed the eco-design regulation and adopted the Chemical Strategy for Sustainability, so that products use more recycled content and fewer harmful substances, while making them more durable, reusable and recyclable.
In 2023, the EU CSRD regulation came into force extending the scope of non-financial reporting and requiring such disclosure for listed companies.
Building energy codes by jurisdiction, 20223
G20 Members Emit 75% Of Global GHG
Greenhouse gas emissions (GHG) in total and per capita4
Impact on Sika
- ESG criteria now rival quality and price in supplier selection. Thus, the requested disclosures increase expenses in staffing, consulting and IT.