Sika AG

Sika provides only limited disclosures on the governance of its lobbying activities. Its Code of Conduct stipulates that "using Sika funds to support politicians, political candidates, or political parties is prohibited" and that "Donations to political campaigns supporting Sika's strategy or business activities need to be approved by Group Management," and the company affirms a "public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement." However, we found no evidence of any formal process for reviewing or monitoring its direct lobbying activities, nor any mechanism to assess and align the positions of its industry associations with its climate strategy. Although the Sustainability Committee plays a role in "regulatory compliance and advocacy," the company does not disclose how this oversight relates specifically to managing climate-related lobbying, nor does it name a specific individual or body responsible for lobbying governance. The absence of a defined review, monitoring procedure, or audit of its climate lobbying indicates that Sika's disclosures on lobbying governance remain limited.