- Siemens publishes Sustainability Report for fiscal 2012
- Company has fully achieved important sustainability goals
- LEED certification sought for all new Siemens buildings
- Energy efficiency program for entire value chain
- World's most sustainable company in super sector Industrial Goods and Services
In its Sustainability Report for fiscal 2012 just published today, Siemens draws a positive conclusion: "We've succeeded in fully achieving our sustainability goals. We've increased our green revenue to €33 billion while setting an example of sustainability and winning some 1,000 suppliers to date for our energy efficiency program. For the first time in our history, we've also been named the world's most sustainable industrial company in the prestigious Dow Jones Sustainability Index 2012 – capturing, as Super Sector Leader, the top position across nine industry sectors," said Barbara Kux, member of the Managing Board and Chief Sustainability Officer of Siemens AG.
- Damages due to natural hazards increasing dramatically
- Technology as an important lever to make cities more resilient
- Arup, Regional Plan Association and Siemens present a report on resilient infrastructure
Damages caused by extreme weather phenomena are increasing around the globe. In 2012, the costs of such damages totaled approximately US$160 billion worldwide. With dense populations, cities are particularly vulnerable to natural hazards. For example, Superstorm Sandy alone was responsible for damages of some US$50 billion, mostly in the New York Metropolitan area.
- Convertible bond is profiting from positive development of Atos share price
- Stake in Atos unaffected by sale – Siemens to retain its approximate 15% interest in Atos as agreed
Siemens is making use of the positive development of the Atos share price and selling the €250-million convertible bonds it acquired pursuant to contribution of its IT services business (SIS) to Atos in July 2011. The proceeds will depend on the price fixing of the bonds, which will be determined today during the day. Yesterday, the Atos share closed on the Paris stock exchange at €56.75. On the basis of the closing share price, the sale of the convertible bonds would result in proceeds of around €300 million.
Quite a few people wondered if it would ever function. Yet right on time for the first Advent Sunday it is obvious to all: But still it moves! Siemens – together with multimedia artist Michael Pendry – has lighted up the world’s biggest revolving Christmas star. The lighting installation can be seen throughout December at the northern gateway to Munich – beginning at dusk every evening. “The Siemens Superstar is a pioneering technological project and an important symbol for the Global Climate Conference in Copenhagen. Green innovations are lighting our way to a better future,” said Siemens President and CEO Peter Löscher. “Munich has a new landmark for the Christmas season. It stands for renewable energies and energy efficiency – and these are also important issues for Munich. By 2025, we want Munich to be the world’s first city to meet all its energy requirements from renewable sources,” noted Munich’s Mayor Christian Ude enthusiastically. “I like to take art outside the narrow confines of museums,” explained lighting artist Michael Pendry.
An action has been brought against the resolution of the Annual Shareholders' Meeting authorizing the spinoff and acquisition agreement between Siemens AG and Osram Licht AG. Siemens considers the action to be without merit and will rigorously drive the planned spinoff and public listing of Osram Licht AG. "By an overwhelming majority of over 98 percent, Siemens' shareholders gave us a clear mandate at the Annual Shareholders' Meeting at the end of January: to list Osram on the stock exchange via a spinoff. In the interest of our shareholders, we will carry out this mandate diligently and reliably," said Joe Kaeser, CFO of Siemens AG.
Effective February 1, 2013, Siemens will complete the worldwide restructuring under company law of the telecommunications and multimedia business operated by the unit Siemens Communication, Media and Technology (CMT). As part of this restructuring, CMT has been converted into a new subcompany controlled by Siemens Convergence Creators Holding GmbH, a wholly owned Siemens subsidiary headquartered in Vienna, Austria. Under its new name Siemens Convergence Creators, CMT will be able to intensify its customer orientation and increase its effectiveness on the global market. Siemens is continuing to concentrate its activities on its core business. Siemens Convergence Creators employees around 2,000 people in nine countries worldwide.
- Revenue slightly above prior-year level
- Book-to-bill ratio again above 1
- Total Sectors profit up four percent
- No economic tailwinds expected in fiscal 2013
Siemens is starting fiscal 2013 with solid figures. Compared to the same period last year, revenue increased slightly in the first quarter due to the good order backlog. Although new orders declined moderately year-over-year, the book-to-bill ratio was again above 1, having been below 1 for the previous three quarters in a row. Total Sectors profit rose four percent. "In an uncertain economic environment, we got off to a solid start in fiscal 2013. For the rest of the year as well, we don't expect any tailwinds from the global economy to help us reach our ambitious goals. Our full attention is on implementing our Siemens 2014 program," said Siemens President and CEO Peter Löscher.
"In an uncertain economic environment, we got off to a solid start in fiscal 2013. For the rest of the year as well, we don't expect any tailwinds from the global economy to help us reach our ambitious goals. Our full attention is on implementing our Siemens 2014 program."
We released our first quarter results for fiscal 2013 on January 23, 2013. The press conference was broadcast live on the internet.