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Press Release14 January 2025Siemens MobilityMunich
Siemens Mobility achieves top scores again in sustainability reporting under the EU Taxonomy
Sustainability at Siemens Mobility, Copyright: Siemens Mobility
Siemens Mobility is
thus making a leading global contribution to climate change mitigation while at
the same time actively reducing its own ecological footprint and those of its
customers in key areas such as the circular economy, sustainable use of water
resources, protection of biodiversity, pollution prevention and control, and
adaptation to climate change.
“This year, our
excellent results in the EU Taxonomy again highlight our commitment to being at
the forefront of the industry in leading the way to a sustainable future. Our
global technology portfolio effectively reduces CO2 emissions,
enabling us to create and offer sustainable mobility solutions for future
generations today. We will continue to rigorously pursue this path,”
explained
Michael Peter, CEO of Siemens Mobility.
“The
high standards for sustainability reporting defined in the EU Taxonomy provide
a comparable and externally audited performance indicator for the
sustainability of our business. I am therefore once again delighted with our
excellent results, which are being actively driven by all our business areas
and demonstrate the strengths of our portfolio. This way, we are not only
helping reduce our customers’ emissions, but also reducing our own footprint as
an industrial company,”
said Andreas Mehlhorn, Head of Sustainability at
Siemens Mobility.
The EU Taxonomy
provides investors with well-founded information for making their decisions.
They can use the comparable, externally audited key figures to evaluate a
company’s portfolio and business activities in order to invest specifically in
sustainable companies. Siemens Mobility’s high level of EU Taxonomy alignment demonstrates
to customers that they are working with a business partner who supports them
with sustainable technologies for mastering the mobility transition while at
the same time achieving growth.
Most recently, the
company underscored its convincing performance capability in major projects
such as the construction of a 2,000-kilometer high-speed rail system in Egypt.
The accompanying service business for this project also ensures increased
availability and a longer service life, further helping to avoid CO2
emissions and conserve resources.
In 2024, for example, a
project in Ortenau, Baden-Württemberg, set new standards: since this past
April, the company’s first Mireo Plus B trains in Germany have been operating
with a battery hybrid drive instead of diesel, helping eliminate CO2
emissions on non-electrified lines.
And since June 2024,
the Paris metro line 14 has been relying on the latest control and safety
technology from Siemens Mobility. The Communication-Based Train Control (CBTC) system
increases line capacity and improves punctuality while at the same time reducing
the environmental impact.
On the software side, Danish
State Railways (DSB) introduced the modern S3 Passenger inventory system from
Sqills in September 2024 to ensure more sustainable management of their ticket
bookings and better train utilization.
These examples add to among
Siemens Mobility’s efforts towards achieving CO2 neutrality for its
own operations by 2030. By 2020, the company had already succeeded in reducing
its CO2 emissions by over 50% compared to 2014. Almost all of the
company’s locations use exclusively green electricity. In addition, Siemens
Mobility rigorously relies on eco-design principles and the efficient use of
materials and energy along the entire value chain in order to conserve natural
resources.
EU Taxonomy background
The EU Taxonomy is a
comprehensive and transparent classification system that clearly defines
sustainable economic activities. The Taxonomy is employed in two steps: First,
a suitability assessment (Taxonomy eligibility) is carried out to match company
activities with the economic activities covered by the EU. This is followed by
a compliance assessment (Taxonomy alignment) of environmental and social
criteria for the activities concerned.
Siemens Mobility is a separately managed company of Siemens AG. As a leader in intelligent transport solutions for more than 175 years, Siemens Mobility is constantly innovating its portfolio. Its core areas include rolling stock, rail automation and electrification, a comprehensive software portfolio, turnkey systems as well as related services. With digital products and solutions, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2024, which ended on September 30, 2024, Siemens Mobility posted revenue of €11.4 billion and employed around 41,900 people worldwide. Further information is available at: www.siemens.com/mobility