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Siemens awarded Platinum medal in EcoVadis Sustainability Rating 2024
Platinum medal awarded with 80 of 100 points
Siemens ranked in the top 1 percent out of 73,000 companies assessed worldwide
Siemens has received 80 points in the latest EcoVadis
Sustainability Rating and was awarded with the highest recognition – the Platinum
medal. With this score, the technology company ranks in the top one percent of about
73,000 companies that were assessed worldwide by EcoVadis, a leading provider
of business sustainability ratings.
Platinum medal awarded with 80 of 100 points
Siemens ranked in the top 1 percent out of 73,000 companies assessed worldwide
Siemens has received 80 points in the latest EcoVadis
Sustainability Rating and was awarded with the highest recognition – the Platinum
medal. With this score, the technology company ranks in the top one percent of about
73,000 companies that were assessed worldwide by EcoVadis, a leading provider
of business sustainability ratings.
Since 2021, Siemens has significantly improved its
score by 19 points, moving from Silver in 2021 to Gold in 2023 to Platinum in
2024. The EcoVadis assessment evaluates 21 sustainability criteria across four
core themes: environment, labor and human rights, ethics, and sustainable
procurement.
“We are immensely proud of this achievement, and it is
a testament to our commitment to sustainability,” said Eva Riesenhuber, Global
Head of Sustainability at Siemens. “More than 90 percent of our business
enables our customers to achieve a positive sustainability impact in the areas
of decarbonization and energy efficiency, resource efficiency and circularity,
and people centricity and societal impact. We remain dedicated to scaling
sustainability impact.”
Siemens defines its environment, social and governance
(ESG) targets through the strategic framework DEGREE – tackling sustainability
from every angle. The technology company follows a holistic approach in six
fields of action: decarbonization, ethics, governance, resource efficiency,
equity and employability – with stringent and measurable key performance
indicators.
EcoVadis’ sustainability ratings are based on
international sustainability standards such as the Ten Principles of the UN
Global Compact, the International Labour Organization (ILO) conventions, the
Global Reporting Initiative (GRI) standards and the ISO 26000 standard. The
ratings provide an evidence-based analysis on performance and an actionable
roadmap for continuous improvement.
Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare.
In fiscal 2023, which ended on September 30, 2023, the Siemens Group generated revenue of €77.8 billion and net income of €8.5 billion. As of September 30, 2023, the company employed around 320,000 people worldwide. Further information is available on the Internet at
www.siemens.com.