“Sustainability has always been a fundamental aspect of our company policies and is today a key component of Siemens’ company strategy,” said Barbara Kux, the member of Siemens’ Managing Board responsible for Supply Chain Management and Sustainability. “That we’ve been ranked so highly in the Dow Jones Sustainability World Index is a sign that our strategy is also gaining recognition outside the company.” In addition to the economic and social dimension, Siemens is focusing, in particular, on expanding its Environmental Portfolio and reducing the CO2 emissions of its products – a commitment that the company also requires from its suppliers. Siemens received top marks in the DJSI for its supplier standards. Under the direction of Barbara Kux, Siemens has also recently taken sustainability’s strategic significance into account by establishing a dedicated Sustainability Office comprising representatives from the entire company.
As a leading green infrastructure supplier, the company is considered a reliable, long-term partner throughout the world due to its experience, technological expertise and financial strength. Already today, Siemens generates some €19 billion – nearly a quarter of its total revenue – with products and solutions for climate protection. The company intends to increase this figure to €25 billion by 2011. In 2008, products and solutions from Siemens’ Environmental Portfolio reduced CO2 emissions at the company’s customers by 148 million tons – an amount equal to the total annual emissions of the megacities New York, London and Hong Kong. The company intends to increase this figure to 275 million tons by 2011. Siemens has already established high environmental standards for itself. Nonetheless, the company has also continued to set ambitious goals for the future: it aims to cut its greenhouse gas emissions relative to its 2006 revenue by 20 percent by 2011, improve the efficiency of water use at its production facilities and substantially reduce the volume of waste it generates.
The DJSI is the most important sustainability index and includes the top ten percent of the 2,500 largest companies listed in the Dow Jones Global Index.