"By capturing the No. 1 position once again, we've proven just how rigorously the company is oriented to sustainability and how our employees put sustainability into practice on an everyday basis. For us, this is a competitive advantage," said Barbara Kux, the Siemens Managing Board member responsible for sustainability. In addition to the economic and social dimensions, Siemens is focusing intensively on the expansion of its Environmental Portfolio, emissions reduction and the efficient use of natural resources.
The company planned to generate revenue of €25 billion with its Environmental Portfolio in fiscal 2011. With revenue from the Portfolio totaling €28 billion in fiscal 2010, Siemens not only achieved this target a year earlier than planned; it considerably exceeded it. The company now wants to generate more than €40 billion in revenue with green technologies by the end of fiscal 2014.