Since 2019, the company has reduced the carbon dioxide emissions generated in its own operations by about 46%

Set ambitious goals: reduce carbon by 55% by 2025 and 90% by 2030

Siemens products and solutions sold in fiscal year 2022 help customers achieve about 150 million tons of carbon emission reduction

Invest 650 million euros to decarbonize the company’s own operation by 2030

In 2022, 280 million euros will be invested in employee training and continuing education

As a pioneer of sustainable development, Siemens continues to accelerate the implementation of this commitment. Siemens released the 2022 sustainable development report covering the three major fields of environment, society and governance (ESG), announcing new investment plans and higher carbon reduction targets. Based on the principles outlined in the reporting standards of the GHG Protocol, and according to the new calculation method of future impact, the products and solutions sold by Siemens in fiscal year 2022 will help customers achieve about 150 million tons of carbon reduction.
Chairman of the Board of Directors of Siemens AG Roland Busch, President and CEO, said: “Sustainable development is an important part of Siemens’ strategy. As a technology company, Siemens has a unique business portfolio that can help customers achieve their increasingly stringent ESG goals. From the emission reduction process we have accelerated and the larger scale of investment, it can be seen that sustainable development has been deeply rooted in Siemens’ business operations, investment decisions and corporate governance.”
Judith Wiese, chief talent and sustainable development officer of Siemens AG and member of the management committee, said that, “We firmly believe that technology is the key to creating a sustainable future. The DEGREE framework comprehensively presents Siemens’ strategic priorities in the ESG field. Through this framework, we are committed to creating a better tomorrow with less resource consumption. To achieve this goal, Siemens invests in its own business portfolio and applies advanced technology to the company’s operations. At the same time, our products and solutions help customers achieve sustainable development goals And solve the practical challenges it faces, and release the multiplier effect in the pillar industries of the economy and society. ”
DEGREE Framework: Comprehensively covering environment, society and governance (ESG)
In the DEGREE framework, Siemens has clearly defined its development goals in terms of environment, society and governance (ESG). The company will implement the overall approach principles in six key areas and set strict and measurable indicators. These six key areas include decarbonization, ethics, governance, resource efficiency, equity and employability.
Decarbonization: significant progress and increased investment to achieve new goals
Siemens has made significant progress in climate protection. The company is committed to achieving carbon neutrality in its operations by 2030, and has reduced its carbon emissions by 46% since 2019. Siemens aims to accelerate the process of carbon reduction, and sets a medium-term target for this purpose, that is, by the end of the 2025 fiscal year, the actual carbon emissions of its own operations will be reduced by 55% compared with 2019. At the same time, Siemens also increased its actual carbon dioxide emission reduction target by 2030 from 50% to 90% compared with 2019. To achieve this goal, the company will invest 650 million euros in decarbonization by 2030, especially with its own scientific and technological strength. Based on the Scientific Carbon Reduction Initiative (SBTi), Siemens supports the objectives of the Paris Agreement and makes positive contributions to limiting global warming to 1.5 degrees Celsius. Siemens has also made significant progress in improving resource efficiency. For example, in fiscal year 2022, its landfill volume will be reduced by 12%, and the proportion of material recycling in waste will be increased to 84%.
Investing in people: empowering employees with long-term employability
Siemens insists on investing in people, providing employees with a fair and healthy working environment, and encouraging employees to learn for life. In fiscal year 2022, each employee of Siemens carried out about 21 hours of digital learning, an increase of about 14 hours compared with fiscal year 2020. In fiscal year 2022, Siemens invested 280 million euros in vocational training and continuing education for its employees. Siemens is fully aware of the importance of continuing education and ensuring employees’ long-term employability. Therefore, the company plans to increase the average annual digital learning time of employees to 25 hours by the end of fiscal year 2025.
Sustainable development related businesses are the best leverage for decarbonization and climate protection
By applying its technologies and products to customers in pillar industries such as industry, infrastructure, transportation and medical care, Siemens has made a significant impact on environmental protection and decarbonization.
In fiscal year 2022, Siemens’ innovative technology portfolio once again helped customers and partners in key industries around the world significantly reduce carbon emissions. The products and solutions sold by Siemens in fiscal year 2022 will help customers reduce greenhouse gas emissions by about 150 million tons during their life cycle. This figure is 13 times higher than the greenhouse gas emissions of about 12 million tons generated in the whole manufacturing process of these products from raw material mining to delivery (including the upstream of the carbon emissions range 1, 2 and 3). Siemens is using a new method to calculate the carbon emissions that all products and solutions sold during the fiscal year will help customers reduce throughout their life cycle. This method is based on the principles in the reporting standards of the greenhouse gas accounting system for the downstream of Scope 3. According to this method, the carbon dioxide emissions that Siemens helped customers reduce increased from 138 million tons in fiscal year 2021 to 150 million tons in fiscal year 2022.
In September 2021, Siemens officially launched the “Zero Carbon Pioneer Plan” in China, continued to implement energy conservation and emission reduction measures, strengthened lean and digital production, and promoted the carbon reduction process of its own operations. In addition, Siemens also strives to help more than 500 key suppliers in China accelerate the pace of carbon reduction by 2025, help tens of thousands of customers in dozens of industries to save energy and improve efficiency, and promote the green and low-carbon transformation of the industry. By September 2022, Siemens China’s “Zero Carbon Pioneer Plan” has successfully landed for the first anniversary and achieved fruitful results.
In terms of its own operations, several Siemens factories have obtained or are applying for national and provincial “green factory” certification. 18 operating enterprises are fully connected to Siemens global energy management system to monitor energy consumption in real time. In addition, the production site of Siemens has achieved 100% reuse and resource treatment of industrial solid waste, and the office and production sites have basically achieved zero landfill of raw waste. At the just concluded 5th International Expo, Siemens Industrial Automation Products (Chengdu) Co., Ltd. has been awarded the title of “Carbon Neutralization Factory”, and the SIMOTICS high-performance permanent magnet synchronous motor produced by Siemens Numerical Control (Nanjing) Co., Ltd. has also become its first “Carbon Neutralization Product”. For the supply chain, Siemens China has formally incorporated zero carbon related indicators into the key procurement decision-making process, and has established an emission reduction information management system covering nearly 9000 suppliers in China, which aims to support suppliers to tap carbon reduction potential. For customers, Siemens helps Bozhong Jinggong, the National Speed Skating Hall, Shanghai Metro Line 18 and other projects achieve the goal of energy conservation and emission reduction. Siemens has deployed a customized energy management system within the whole plant of Fujian Benz to achieve intelligent management of energy data. Siemens “Zero Carbon Pioneer” truck integrates intelligent infrastructure innovation technology, passing through more than 70 cities, enabling more than 5000 customers and partners. Siemens also joined hands with its partners to build a “advanced manufacturing+low-carbon park” two in one digital empowerment platform project in Changshu, helping Changshu and the Yangtze River Delta to achieve digital transformation and sustainable development of industries.