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Feature22 February 2021Siemens AGMunich
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
mean?
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.
By 2030:
- 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 productivity);
- 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.
We recognize that sustainability must be the foundation of our way doing business and that we have an even greater impact through our customers’ operations.
Judith Wiese
CHRO and Member of the Managing Board responsible for Sustainability, Siemens AG
Our Sustainability Commitments
Science Based Targets initiative
In order to
contain the dramatic effects of climate change, Siemens has committed to a science
based emissions reduction, by setting a 1.5 C target.
RE 100
Siemens is part of the RE 100 global corporate renewable energy initiative, committing to 100% renewable electricity.
EP 100
Our target
is to improve our energy productivity while lowering our emissions at the same
time. With this, we are also improving our competitiveness.
EV 100
Siemens
commits to 100% EV by 2030. Our goal is to accelerate the
transition to electric vehicles within our fleet.
As a global technology powerhouse, Siemens is well positioned to drive
solutions on electrification, automation and digitalisation to help accelerate
the clean energy transition. I’m delighted that they are addressing their own
operations too – through renewable power, smarter energy use and electric
transport.
Science shows we must halve global emissions by the end of this decade, and this is corporate leadership across three opportunity areas that will inspire many others to follow suit.
Science shows we must halve global emissions by the end of this decade, and this is corporate leadership across three opportunity areas that will inspire many others to follow suit.
Mike Peirce
Corporate Partnerships Director, Climate Group
Selected Press Releases
What happens when the world changes?
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Session ID: 2025-04-01:5db4465d26d815bf2b4dd4a0 Player Element ID: bcv_idm93822255049672
How we help our customers to reach their CO2 reduction targets
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Further Information
More information about sustainability
Downloads
Judith Wiese
CHRO and Member of the Managing Board responsible for Sustainability, Siemens AG
Jenny Bofinger-Schuster
Senior Vice President Sustainability & Operational Excellence, Siemens AG