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StockPro Platform Adopted by Sika in France to Combat Industrial Waste and Emissions

Implementation Date

July 1, 2021

By

Sika

City

Gournay en Bray

story image

Description

Sika, a global leader in specialty chemicals for the building sector, faces waste generation during the sales process due to logistical accidents or products nearing expiration. These unsellable items are typically returned and destroyed. We met Sika at the end of 2020 through a pitch organized by Impulse Partner. After integrating our solution into their industrial process, a successful test in 2021 led to StockPro becoming the anti-waste solution for all Sika Group brands (Sika, Cegecol, Parexlanko, PCI). We are now expanding our partnership to European countries like Italy and Belgium.

Impact & Result

Through this partnership: - Sika has avoided 45 tons of waste and 30 tons of CO2 emissions in 2023 (we target 100 tons of waste and 70 tons of CO2 emissions avoided in 2024) - Since 2021, Sika has saved 300.000€ by reusing 100 tons of unsaleable products These results are for 1 production site in France and we are expanding our partnership to 40 other production sites located in France.

Solution Spotlight

StockPro is a solution that enables players in the (highly polluting) Construction sector to reduce their negative environmental impact by offering them the opportunity to sell their dormant or depreciated stock via its marketplace and associated services. In this way, these products re-enter a circular economy sales circuit, avoiding the need to remanufacture new products and encouraging manufacturers and consumers to be more sober.

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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.