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Governance & Sustainable Business

« Compliance with the law and doing business with integrity are not optional; they are crucial as a basis for trust, which is at the heart of what we do. » Philippe Amon, Chairman and CEO

Business ethics and integrity

Business integrity is fundamental to SICPA. To be credible as Trust Enablers worldwide, we must comply with the laws in the marketplace and act in accordance with our values, ensuring a consistent level of business integrity for all employees and operating entities.

Since 2021, SICPA has been one of the first companies in its sector to be ISO 37001:2016 certified for its anti-bribery management system.

 

More information on the Integrity & Compliance page.

 

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Sustainable innovation and products

Since its inception, SICPA has built its reputation as a pioneer and innovator by continually developing new products and technologies. This spirit of innovation is essential to respond to market needs and societal developments. SICPA is constantly innovating to be at the forefront of technological developments and to respond to specific security and traceability problems (e.g. counterfeit banknotes, tax evasion).

Sustainable supply chain management

With a global industrial footprint, SICPA sources and transports raw materials, semi-finished and finished products around the world. The company operates a range of industrial sites, from small to large, for its various businesses and works with over 4,000 suppliers worldwide. 

Aiming to assess and improve practices in the areas of environment, labour and human rights, ethics and sustainable procurement, SICPA launched its EcoVadis assessments in 2021 and continues to expand them to other regions and sites.

 

Our frameworks

Since 2016, SICPA has been a member of the United Nations Global Compact and adopted the United Nations Sustainable Development Goals (SDGs) in 2019 as a framework for continuously improving its environmental and social performance across its value chain. 

In 2020, SICPA committed to and contributed to the International Currency Association's (ICA) Sustainability Charter. The Charter articulates the currency industry's goals and commitments on sustainability, working to increase the sustainable design, production, manufacture and distribution of cash and to create economic, environmental and social value. 

Our reporting 

Since 2022, SICPA uses the Global Reporting Initiative (GRI) standards for its primary sustainability reporting. The GRI framework, recognised worldwide for its rigorous standards and guidelines, enables SICPA to provide a clear and holistic understanding of its environmental, social and governance initiatives, and to demonstrate its commitment to a sustainable future.

 

This follows ten years of SICPA reporting on corporate social responsibility through its CSR Reports.

 

The annual reports are available here.

2022 Sustainability Report

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21.09.23