- BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF jointly founded Cofinity-X to accelerate the operation and adoption of Catena-X use-cases throughout the automotive industry.
- Cofinity-X aims to operate an open marketplace for applications and provide products and services to enable the efficient and secure exchange of data between all participants of the ecosystem initially focusing on the European market.
- Cofinity-X will help to make important progress with the operationalization and build-up of end-to-end data-chains to trace material flows throughout the entire value chain.
- Basis for the operation will be the trusted Catena-X and Gaia-X principles ensuring full data sovereignty for data sharing parties in an open, trusted, collaborative, and secure environment.
With the
foundation of Cofinity-X the shareholders BASF, BMW Group, Henkel,
Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF initiate
the next step in Europe to foster the Catena-X initiative. Cofinity-X strives
to be one of the first operating companies which aims to provide products and
services for the secure exchange of data throughout the entire automotive value
chain.
- Siemens Advanta expands its footprint in the United Kingdom
- Vendigital is a leading UK-based Operations Consultancy
- Complementary capabilities to add value for Siemens’ clients
Siemens has acquired the UK-based consulting company Vendigital, which will
become part of Siemens Advanta, the professional services business
unit of Siemens. The transaction was signed
and closed on December 22, 2022.
- Siemens technology and capital is aiding 80 Acres Farms and its technology subsidary, Infinite Acres, in expansion to meet global food supply demands
- Siemens hardware and software solutions provide key technologies for 80 Acres' farm facilities and operations via Infinite Acres' Loop platform
Siemens announced its collaboration with 80 Acres Farms, a leader in the
indoor farming industry. With five production farms in southwestern Ohio, a new
farm in Florence, Kentucky, a future farm in Covington, Georgia, and R&D
facilities in Arkansas and the Netherlands, 80 Acres Farms specializes in
growing the next generation of food — food grown in eco-friendly indoor farms
closer to consumers’ tables.
- More than
€12 million for aid projects and humanitarian organizations to date
- Siemens
continues to match all employee donations to Siemens Caring Hands e.V.
- More than 60
aid projects implemented by different organizations
- Focus on support
for improving access to medical care
- Further
support for maintaining and rebuilding critical infrastructure
The war in
Ukraine continues to force people to flee the affected areas. Low winter
temperatures are exacerbating the precarious situation of the people living
there. To provide further help to those affected, Siemens AG and Siemens
Healthineers AG are extending their aid campaign and will continue to match
every euro donated by their employees to Siemens Caring Hands e.V. Through this
charitable organization, the two companies have collected more than €12 million
in donations so far since the outbreak of the war. These donations have already
enabled various organizations to implement more than 60 aid projects. The projects
have ranged from supplying food and medicine to providing clothing and
temporary refugee accommodation for Siemens employees and their families, and for
anyone in need in Ukraine.
- 18 Siemens inventions per workday in
fiscal 2022
- Inventions range from bionic metro
systems to empathetic chatbots
- €5.6 billion invested in research
and development
Every year, Siemens recognizes its outstanding researchers and
developers as Inventors of the Year in five categories: Newcomers, Open
Innovation, Outstanding Invention, Lifetime Achievement, and Design and User
Experience. These prize-winning inventors are continuing a Siemens tradition
that began 175 years ago. Their inventions benefit both society and the economy
by enabling people to travel more sustainably, by making industry smarter and
more efficient or by improving therapeutic methods. Sixteen Inventors of the
Year for 2022 were honored today. They hail from Germany, Hong Kong, India,
Canada, Lebanon, Austria, Poland and Scotland. Details on the prize-winning inventions
and the people behind them are available at: www.siemens.com/inventors.
- Annual Shareholders’ Meeting to be held
in virtual format on February 9, 2023
- Dr. Regina E. Dugan (Wellcome Leap
Inc.), Keryn Lee James (former CEO of the ERM Group, and expert for
sustainability) and Martina Merz (thyssenkrupp AG) nominated for election to
Supervisory Board
- Reelection of four other Supervisory
Board members proposed:
Dr. Werner Brandt (Chairman of the Supervisory Board of RWE AG),
Benoît Potier (Chairman of the Board of Directors of ĽAir Liquide S.A.),
Dr. Nathalie von Siemens (member of supervisory boards) and
Matthias Zachert (Chairman of the Board of Management of LANXESS AG)
- Michael Diekmann, Dr. Norbert Reithofer
and Baroness Nemat Shafik to leave Supervisory Board
- Supervisory Board and Managing Board propose increasing dividend to €4.25,
up from €4.00 in prior
year
Siemens AG
today published the notice for its next ordinary Annual Shareholders’ Meeting
on February 9, 2023. The Managing Board of Siemens AG has decided, with
Supervisory Board approval, that the Annual Shareholders’ Meeting will again be
held as a virtual event. In addition, the Supervisory Board has proposed the election
of three new members. Approval from the Annual Shareholders’ Meeting for all of
the Supervisory Board’s election proposals would mean that, in the future, half
of the ten shareholder representatives on the Supervisory Board would be female.
As part of its sustainability commitments, the company will, for the first
time, offset the carbon emissions caused by sending nearly a million
invitations.
- Approximately 46 percent CO2
reduction in own operations since 2019
- Ambitious targets: 55 percent
physical CO2 reduction by 2025 and 90 percent by 2030
- Approximately 150 million tons
customer emissions avoided with Siemens’ products and solutions sold in FY 2022
- €650 million investment for own
decarbonization by 2030
- €280 million investment for training
and continuing education of own workforce in 2022
Siemens has
been a pioneer in sustainability for many years and is continuing to accelerate
its commitments. With the publication of its Sustainability Report covering
environmental, societal and corporate governance (ESG) for fiscal 2022, the
company announced new, more ambitious targets for its own decarbonization as
well as extensive investments. Siemens also disclosed the customer emissions avoided
through its products and solutions sold in 2022, approximately 150 million
tons, based on an updated future impact calculation methodology in accordance
with the principles outlined in the Greenhouse Gas (GHG) Protocol Reporting
Standard.
- Siemens to bundle qualification programs for technical training and continuing education in new, Germany-wide SiTecSkills Academy
- Certified continuing education offerings to strengthen employability in digital transformation
- Academy to advise Siemens’ units and partners on concrete, demand-oriented qualification measures
- SiTecSkills Academy to also be open for external partners
Siemens is launching an academy for continuing education that will focus on technical up- and reskilling. At 19 regional training centers across Germany, the SiTecSkills Academy will make a comprehensive, certified portfolio of qualification measures available in new areas of digitalization and sustainability. This initiative aims to enhance employee skillsets to meet the requirements of the digital transformation within the work environment. The Academy primarily aims to provide training to employees in manufacturing, service, sales, finance, controlling and business support functions. In doing so, the SiTecSkills Academy supplements the portfolio offered by the Siemens Professional Education training unit by providing targeted occupational and technical learning opportunities. Thus, the Academy seamlessly fits into Siemens’ existing continuing education offerings. The new aspect is that this offering is available to both internal and external partners within the learning ecosystem.
The sale of Siemens
Commercial Vehicles business to Meritor closed successfully on November 30.
In May 2022, Siemens had announced the contract signing to sell Commercial
Vehicles business to Meritor, Inc. for a purchase price of around €190 million
(Enterprise Value).