Siemens Ranked in Top 1% for Energy Sustainability

Siemens, a major player in global tech, creates products and solutions impacting daily lives. Known for its energy sustainability efforts, Siemens helps companies improve operations and become more eco-friendly.

Siemens' sustainability journey is driven by a commitment to energy efficiency and environmental responsibility.

Roland Busch, President and CEO of Siemens, said: "Our technologies transform the everyday, for everyone, by empowering our customers to create agile factories, intelligent buildings and energy grids, sustainable transportation and better healthcare systems."

Siemens: 176 years of energy innovation

Siemens, a German multinational, leads in industrial automation and software. Founded in 1847, it focuses on industry, infrastructure, mobility and healthcare. Its key divisions include Digital Industries, Smart Infrastructure, Mobility and Financial Services. 

In FY2023, Siemens generated €78bn (US$84bn) and employed around 320,000 people globally. Roland emphasises the company's unique ability to blend the real and digital worlds, benefiting customers in unmatched ways. 

"Our customers benefit from our ability to combine the real and digital worlds," he said. "This unique capability enables Siemens to support its customers in a way that no other company can."

Siemens' long-standing expertise and innovation in the energy sector has positioned it as a global leader. The company is at the forefront of developing technologies that enhance energy efficiency and sustainability. With 176 years of experience, Siemens continues to drive progress in industrial automation, smart infrastructure and mobility solutions that contribute to a more sustainable future.

How Siemens is pioneering energy sustainability

Siemens' ESG strategy is encapsulated in its DEGREE framework, covering six fields.

The framework provides a systematic, measurable long-term plan for Siemens to continue making a positive impact on the planet. 

By 2030, the company aims to achieve net zero operations and utilise a 'Robust Eco Design' for 100% of its relevant product families. Siemens is also pushing towards a circular economy with a goal of a 50% waste-to-landfill reduction by 2025.

The DEGREE framework highlights Siemens' comprehensive approach to sustainability. Decarbonisation is a key focus, with the company committed to reducing its carbon footprint and promoting renewable energy sources. Ethics and governance ensure that Siemens operates with integrity and transparency, while resource efficiency aims to minimise waste and optimise the use of natural resources.

Equity and employability are also central to Siemens' ESG strategy. The company strives for diversity and inclusion, aiming for a 30% female share in top management by 2025. 

Judith Wiese, Chief People and Sustainability Officer, asserts that sustainability is a business imperative for Siemens. 

"Sustainability is in our very DNA,” she said. “It’s not an option. It’s a business imperative.

"Based on our successful track record, we’re now setting ourselves even more ambitious targets. We’ll accelerate our efforts and raise the bar to create considerably more value for all our stakeholders."

Siemens' commitment to energy sustainability extends beyond its own operations. The company partners with customers and other stakeholders to promote sustainable practices and drive innovation in the energy sector.

By leveraging its expertise in digitalisation and automation, Siemens helps other companies achieve their sustainability goals and reduce their environmental impact.

Siemens’ achievements in energy sustainability

Siemens received the highest recognition from EcoVadis, with its platinum medal placing it in the top 1% of companies worldwide.

Eva Riesenhuber, Global Head of Sustainability, highlights the company’s commitment to sustainability, noting that more than 90% of Siemens' business supports positive sustainability impacts in decarbonisation, energy efficiency, resource efficiency and societal impact.

"We are immensely proud of this achievement and it is a testament to our commitment to sustainability," she said. "More than 90% of our business enables our customers to achieve a positive sustainability impact in the areas of decarbonisation and energy efficiency, resource efficiency and circularity and people centricity and societal impact. We remain dedicated to scaling sustainability impact."

Siemens' achievements in energy sustainability are a testament to its dedication and leadership in the field. The company's innovative solutions and commitment to continuous improvement have set a benchmark for the industry. Siemens' efforts have not only earned it accolades but have also made a tangible difference in the fight against climate change and environmental degradation.

By focusing on energy efficiency, Siemens is helping to create a more sustainable future. The company's technologies and solutions are designed to reduce energy consumption, lower emissions and promote the use of renewable energy sources. Through its sustainability initiatives, Siemens is contributing to the global effort to combat climate change and build a more resilient, sustainable world.

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