Transforming the everyday to create a better tomorrow

Sustainability is an integral part of our business – it’s in our DNA. We empower our customers to drive sustainable growth and transform their industries.  With our DEGREE framework, we set strategic ambitions for the benefit of all our stakeholders on the key topics of environment, social and governance. 
Introduction

Supporting the Pacific region

We believe firms must create sustainable value for society over the long term. We take a 360-degree approach for all stakeholders – our customers, our suppliers, our investors, our people, the societies we serve, and our planet.

Siemens has been present in the Pacific region since 1872, and while we are a worldwide organisation, sustainability and citizenship values demonstrated at the global level also remain strong at the local level.

The leaders of the world’s industrialised nations have pledged to decarbonise the global economy by the end of this century. All corporations have a vital contribution to make, and our own strength is our innovative technology, which improves efficiency, helps conserve scarce resources and generates clean power.

Starting at home, we have set ourselves the ambitious goal to cut our own carbon dioxide emissions in half by as early as 2020 and become the world’s first major industrial company to achieve a net-zero carbon footprint by 2030.

We view sustainable development as the means to achieve profitable and long-term growth. In doing so, we (externally) align ourselves with the goals of the UN’s 2030 Agenda for Sustainable Development while (internally) striving to balance people, environment and profit.

Our Product Return for Disposal program

We are committed to minimising the environmental impact of our products across their lifecycle.  DEGREE, our framework for sustainability, notes that every degree counts as we strive to responsibly meet the needs of an ever-evolving future. As such, we have partnered with CleanAway to offer an end-of-life, fee-for-service solution for our customers and partners in Australia to dispose of e-waste originating from Siemens products, in an environmentally responsible manner.

Sustainability activities: an overview

Our Sustainability report: strong results, continued acceleration 

We have achieved further progress towards meeting our sustainability ambitions. At our Capital Market Day in June 2021, we set ourselves ambitious environmental, social and governance (ESG) targets with our new strategic framework DEGREE. In our Sustainability Report for fiscal 2021, we have published information today on our progress toward achieving these targets. 

“Sustainability is in our very DNA. It’s not an option. It’s a business imperative. Based on our successful track record, we’re now setting ourselves even more ambitious targets. We’ll accelerate our efforts and raise the bar to create considerably more value for all our stakeholders. Sustainable business growth goes hand in hand with the value we create for people and our planet.”

 

Judith Wiese, Chief Human Resources Officer, Chief Sustainability Officer and member of the Managing Board of Siemens AG

DEGREE

DEGREE - A clear framework for Sustainability

At Siemens, we are taking our ESG commitment to the next level with our DEGREE framework. It constitutes a 360-degree approach for all stakeholders – our customers, our suppliers, our investors, our people, the societies we serve, and our planet.  In addressing the three aspects of ESG, we are building a better future that helps us stay within the planetary boundaries, helps us foster a culture of trust, empowerment and growth, supports inclusive economic opportunities, and ensures our people and businesses remain resilient and relevant for whatever the future holds. 

 

We have set clear, very ambitious priorities for core ESG topics that we will drive internally within own operations as well as together with our customers. The DEGREE framework is built on our strong track record and on our technology with purpose that is fully embedded in our business strategy. At Siemens, we want to advance sustainability by creating value for all our stakeholders, driving sustainable growth with our customers, and creating a better tomorrow.

In depth

Success stories from our sustainability initiatives

UN Agenda 2030

Our contribution to the SDGs

UN Agenda 2030 for Sustainable Development
Siemens is committed to contributing to the SDGs through its products and solutions, its responsible business practices in ~200 countries, through strategic partnerships and targeted community activities.
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Responsible Business Conduct

Responsible Business Conduct

We at Siemens aspire to be role models and act in the interest of our company as well as our stakeholders. Responsible business conduct plays a vital role in our company’s aspiration to make ethical and responsible decisions in the interest of all our stakeholders. This encompasses our high standards in environmental management, the respect of human rights throughout the entire value chain as well as our determination to foster reliability, fairness and integrity within our own operations and beyond.

 

Download Siemens Business Conduct Guidelines

Reporting channels

Regulations and reporting channels

The Business Conduct Guidelines contain the basic principles and rules governing the way we act within our company and in relation to our partners and the general public. They include the requirement to comply with applicable laws at all times. Siemens shows zero tolerance toward corruption, violations of the principles of fair competition and other breaches of the law – and where these do occur, we take swift action. This applies worldwide and at all levels of the organization. We provide various ways for internal and external parties to report any compliance violations. Tell Us, the Ombudsperson and accounting complaints are protected channels that Siemens employees and external stakeholders can use to raise concerns about possible violations, confidentially and if desired, also anonymously.

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