Siemens is leading the way: carbon neutral operations by 2030

“Committing to cutting our global carbon footprint is not only prudent – it’s profitable.”  – Joe Kaeser, CEO Siemens AG
Introduction

Siemens is going carbon neutral

With our commitment to turn our operations carbon neutral by 2030, Siemens sets a clear signal even before the adoption of the Paris Agreement. By setting this goal, we express our firm belief that companies play a pioneering role in the fight against climate change. Our goal is clear: All Siemens production facilities and buildings worldwide are to achieve a net zero-carbon footprint by 2030. This program not only benefits humanity and the environment, but also comes with sustainable economic advantages for our company.
Next major steps

Measures and goals by 2020

Siemens Energy Efficiency Program

100 million

We plan to invest €100 million in energy efficiency projects. This will annually result in > €20 million savings.

Deployment of distributed energy systems

45 million

We plan to invest around €45 million in distributed energy systems.

Smart mobility

200

We will gradually expand the infrastructure of today’s 200 charging points for electric vehicles at German sites.

Green power for Siemens

70%

70% of our global power consumption will be met by power from renewable energy sources.

Our levers

Siemens will be carbon neutral by 2030

How will we manage this?
FAQ

You have questions. We have the answers.

Why has Siemens restarted its carbon neutral program?

1

Why has Siemens restarted its carbon neutral program?

To help protect the climate, Siemens has committed itself to decarbonization, i.e. the renunciation of using carbon-containing energy sources, along the entire value chain. The Siemens Environmental Portfolio, which bundles technologies from the fields of renewable energy and energy efficiency, contributes the largest share. The carbon neutral program is an excellent example. Investments in environmentally-friendly technologies pay off, as they mostly amortize within a few years. Thus, the program not only makes a positive contribution for humanity and the environment, but also benefits Siemens economically in the long run.

How will Siemens finance the carbon neutral program?

2

How will Siemens finance the carbon neutral program?

The carbon neutral program is driven by numerous Siemens entities. Siemens Real Estate together with the Siemens divisions participates in investments in energy efficiency projects and the deployment of distributed energy systems. Our global procurement department invests in the optimization of the company’s fleet by reducing the average fleet emissions and providing smart mobility incentives to our employees. Additionally, we increasingly purchase electricity from renewable energy sources.

Are Siemens Gamesa and Siemens Healthineers part of the carbon neutral program?

3

Are Siemens Gamesa and Siemens Healthineers part of the carbon neutral program?

The carbon neutral program applies also to the separately managed businesses. As such, Siemens Gamesa and Siemens Healthineers are part of the program. Additionally, Siemens Gamesa runs its own carbon neutral program and has set itself the goal to become climate neutral by 2025.

Will Siemens actually stop emitting CO2 by 2030?

4

Will Siemens actually stop emitting CO2 by 2030?

Siemens aims to reach a balanced CO2 record by 2030. To achieve this, the largest possible reduction of emissions is the means of choice. The remaining amount of CO2 emissions will be compensated by carbon credits.

Does Siemens support customers in developing climate neutral strategies?

5

Does Siemens support customers in developing climate neutral strategies?

Siemens deliberately demonstrates how viable climate neutral strategies can be developed and implemented effectively. Additionally, we guide our customers how technologies from within environmental portfolio can help them to reduce energy costs and CO2 emissions.

In which way do the employees contribute to the success of the carbon neutral program?

6

In which way do the employees contribute to the success of the carbon neutral program?

For the implementation of our carbon neutral program, we count on each of our employees. Our ownership culture promotes and demands responsible action for the company and for society. Given the fact that we have exceeded our interim goals of CO2 reduction since the start of the program reconfirms that we are on the right track. Our employees make a large contribution to reaching our CO2 goals. Additionally, we provide incentives in relevant corporate functions, e.g. for a climate friendly company vehicle or a reduced annual ticket for the local public transportation system.