- The Science Based Targets initiative has validated
Siemens’ 2030 and 2050 science-based net-zero targets
- Siemens’
near- and long-term emissions reduction targets align with the SBTi Net-Zero
Standard, supporting the company’s commitment to a low-carbon future
Siemens is pleased to announce the confirmation of its updated emissions
reduction targets by the Science Based Targets initiative (SBTi). Supporting
the company’s commitment to fostering a low-carbon future, Siemens’ near- and
long-term targets are now aligned with the SBTi Net-Zero Standard for Scope 1,
2, and 3 targets for 2030 and 2050. The SBTi Net-Zero Standard is the world’s
leading framework for corporate net-zero target-setting in line with climate
science. SBTi provides standards, guidance, and tools for companies to set
emissions reductions targets. This confirmation by the SBTi validates Siemens’
science-based net-zero approach which is fully aligned with the Paris
Agreement.
- Memorandum of Understanding signed to drive digital transformation
through strategic projects across all three business sectors of Merck
- Siemens named one of the global preferred suppliers for Merck's next-level
automation, boosting global smart manufacturing with Siemens Xcelerator
platform
- Merck's cutting-edge production, enabled by Siemens, sets new standards
in modular manufacturing
Merck, a leading science and technology company, and Siemens, a leading
technology company deepened their mutual cooperation aimed at taking smart
manufacturing to the next level today. Cedrik Neike, CEO Digital Industries and
Member of the Managing Board of Siemens AG, and Kai Beckmann, CEO
Electronics business and Member of the Executive Board of Merck, signed a
Memorandum of Understanding (MoU) to expand cooperation in Smartfacturing
(short for Smart Manufacturing) and outline the next steps for both companies. The
MoU makes Siemens a preferred global supplier and strategic partner for
Smartfacturing technologies, paving the way for transformative projects across
Merck's three business sectors.
Tobias Atzler (48) will lead Investor Relations at
Siemens AG, effective October 1, 2024. He will be responsible for engaging
with the financial markets and for fostering relationships with investors and
financial analysts and will report to Ralf P. Thomas, Siemens’ Chief Financial
Officer.
Ralf Thomas said, “With his many years of comprehensive
experience in the investor relations area, his profound understanding of the
capital markets and his excellent leadership qualities, Tobias Atzler is the
ideal candidate and a proven expert for this important role. I’m looking
forward to working with him and wish him much continued success.”
Simon Krause
(38) has been appointed as Head of Global Media Relations and Executive Communications
at Siemens AG, effective October 1, 2024. Krause will be responsible for global
media relations and coordinating executive communications and will report to
Lynette Jackson, Siemens’ Chief Communications Officer.
"I very
much look forward to working with Simon in his new role. He is a strong
professional, with a passion for technology and outstanding creativity, as well
as excellent media experience. His role will build on a strong foundation, working
across our businesses, to protect and build the reputation of Siemens as a
leading technology company around the world," said Lynette Jackson.
- Siemens Xcelerator
creates a powerful ecosystem of partners to accelerate digital transformation
- New scalable
offerings for the end-to-end digital twin of the machine tool, control system, and
workpiece
- New solution for
tool condition monitoring enables traceability and closed-loop manufacturing
Siemens is
consistently expanding its ecosystem for the machine tool industry. Together
with its partners DMG MORI and Renishaw, the technology company is presenting
new offerings as part of Siemens Xcelerator. With a focus on scalability and
high flexibility, there are now even more intelligent machining applications
for CNC users that seamlessly complement the Siemens solutions and deliver a
high value-add based on them. The open digital business platform Siemens
Xcelerator thus creates a powerful ecosystem of partners to jointly accelerate
the digital transformation of the industry.
- With its new digital bond, Siemens
supports the tests by European Central Bank (ECB) of distributed ledger
technology (DLT) for the settlement of securities with central bank money
- The bond has a volume of €300
million and a maturity of one year
- Siemens thus remains a pioneer in
the ongoing digitalization of the capital and securities markets
Siemens has again issued a digital bond in
accordance with Germany’s Electronic Securities Act (Gesetz über elektronische
Wertpapiere, eWpG). Following the successful issuance of its first digital
bond last year, the company is thus continuing to play a pioneering role in the
application of the latest technologies on the capital markets. By using
blockchain technology once again, Siemens is underscoring its claim to
continuously develop digital solutions for the financial markets. In
issuing the bond, the company is supporting the trials by the Eurosystem and
the Bundesbank in particular, that are aimed at testing blockchain technology
for the digital financial market.
- More than 1,700 apprentices and
university students in work-study programs in Germany to begin careers at
Siemens in new training year
- New, integral training
component to promote understanding of democracy and fundamental values
- SIEYA
webapp for career orientation and talent acquisition and retention to offer interactive
world of experience
More than 1,700
apprentices and university students in work-study programs in Germany will
begin their professional careers at Siemens in the new 2024 training year (2023: 1,500).
In addition to technology, digitalization and sustainability, the innovative, future-oriented
curriculum will focus above all on fostering the basic skill sets needed for
effective decision-making. The promotion of values and the understanding of
democracy – a new, integral training component – will be a further focus, allowing
Siemens to send a strong signal regarding the importance of social
responsibility in an increasingly digitalized world.
- A chair mounted on a track system helps people with handicaps delight in the beach without any outside help
- More than 250 beaches around the world are already accessible
- Siemens technology makes operations efficient, reliable and uninterrupted, even in difficult coastal environments
- Siemens and TOBEA show how cutting-edge technology can have a positive social impact
- Innovation promotes equal opportunity and improves everyone’s quality of life
The “SEATRAC” system, enabled by Siemens technology and developed by TOBEA, an innovative tech start-up based in Patras, Greece, creates a unique way for individuals with disabilities to experience life at the beach and take a dip in the sea without any outside assistance. SEATRAC consists of a specially developed chair mounted on a track system. This system enables individuals to safely glide into the water and return to land without any outside help. The technology gives individuals more control over their lives, promotes inclusion and guarantees equal opportunity for all. The system has already been installed at more than 250 beaches around the world.
- America’s Cup team uses Siemens Xcelerator software to create a digital
twin to simulate hydraulics and aeronautic systems of the yacht in the water
through virtual and immersive experiences
Siemens Digital Industries Software announced today that the Orient Express
Racing Team is using the Siemens Xcelerator portfolio of industry software to aid in
preparation for upcoming 37th America’s Cup and to gain competitive advantage.
- Revenue rose 5 percent year-over-year on a comparable basis to €18.9 billion (Q3 2023: €18.1 billion)
- Orders in Q3 2024 reached €19.8 billion (Q3 2023: €23.5 billion), down 15 percent on a comparable basis vis-à-vis a very strong Q3 2023
- Profit Industrial Business increased 11 percent to €3.0 billion (Q3 2023: €2.7 billion)
- Net income climbed 48 percent to €2.1 billion (Q3 2023: €1.4 billion)
- Free cash flow all-in at Group level totaled €2.1 billion (Q3 2023: €3.0 billion)
- Outlook confirmed
Siemens continued
its profitable growth trajectory again in the third quarter.
Overall, the
company clearly increased its net income and profit margin and thus
demonstrated its financial strength once again. With a sustained large order
backlog, which totaled €113 billion in Q3, and a book-to-bill ratio greater
than 1, Siemens is optimally equipped for the future.