Measurements used in corporate reports typically include only the dollars and cents of investments being made. In the Business to Society Report, we've gone far beyond that to capture the true value we create - the actual impact we're having.
"Business to Society" is our shorthand way of referring to the multidimensional impact Siemens has in this country - to make Canadian society better in lasting, quantifiable ways. It starts with the investment of money and building facilities and offices.
Then we measure the economic growth we generate, the jobs we create, the skills we develop, the education we foster, the innovation we spark, the environmental protection we achieve, the quality of life we improve, and the societal transformation we drive.
We then viewed all our business activities through that prism, and assessed the impacts of our actions now and in the future. As part of this, we also addressed where we can improve and where we can place greater emphasis to have an even larger positive influence.
At Siemens Canada, we have a clear commitment to think and act in the interest of future generations of Canadians.Faisal Kazi, President and CEO, Siemens Canada Limited
Since 1912, Siemens Canada has stood for engineering excellence, innovation, quality and reliability. We’re proud of our long-term record of generating revenue and profit in Canada. But as important as those financial metrics are, they represent just one element of how we measure success, because we view our role in a far broader context.
We believe that a company like ours can only succeed if we are a valuable contributor to the society in which we operate.
This Business to Society report offers a snapshot of the many ways we are making a difference in Canadian communities and individuals from coast to coast to coast. Quite simply, every day we are contributing toward making Canada a better country for its citizens
Our contribution to Canada spans six key areas
Like all countries where Siemens operates, Canada has its own unique circumstances and societal needs. Siemens is playing a key role in addressing this country’s challenges, to help ensure an ever-improving future.
Whether it’s creating infrastructure, supporting our education system, helping the environment, transforming industries, making philanthropic contributions, or having our people volunteer in their communities, we’re committed to making a difference for Canadian society.