Siemens has become one
of very few companies worldwide to sign up for four ambitious sustainability
initiatives at once: We’re supporting three initiatives led by the Climate
Group – RE100, EP100 and EV100. In addition, we joined the Science Based
Targets initiative (SBTi). To limit global warming to 1.5 degrees Celsius, we commit to a science-based reduction pathway along our entire value chain. In this way, we’re ensuring that our climate-protection efforts are
in harmony with the Paris Climate Agreement’s highest level of ambition.
What do our commitments
Siemens has made these
pledges to strengthen its existing activities for achieving real-world
decarbonization throughout its entire value chain. In doing so, the company is
pursuing the science-based pathway to reduction that the SBTi advocates. Within
the framework of this initiative, we’re also part of a worldwide community of
companies that share the same values and goals.
- we aim for electric vehicles to
account for 100 percent of our fleet (EV100 – electric vehicles);
- we will own or lease only
buildings that have net-zero carbon emissions (EP100 – energy
- we will source 100-percent
renewable power (RE100 – renewable energy); and
- we intend to achieve a
20-percent reduction in our supply chain’s emissions.
Back in September 2015,
Siemens became one of the world’s first global industrial companies to announce
its intention to become carbon neutral in its operating business by 2030. Our
intermediate target for achieving this aim was to cut our CO2 emissions
in half by 2020. We exceeded that interim goal in September 2020 and have
already reduced our emissions by 54 percent. Applying Siemens’ own solutions
and technologies is a key element in pursuing this objective.
As part of our decarbonization program, we already publish data on the
upstream greenhouse-gas emissions produced by our suppliers. Siemens has some
65,000 suppliers worldwide. Since 2019, we’ve been working intensively on a
process for determining our carbon footprint and for reducing emissions by
establishing individual target agreements. We aim to achieve an emission-free supply
chain by the year 2050.