To Beat Climate Change, Digitalize the Electrical World
Electrifying the world’s infrastructure is the critical next step to de-carbonization. We must consider tactics to speed progress toward this goal
Improving the competitive position of our customersInvestments into low-carbon technologies are paying off: they increase our customers’ and our own competitiveness and they help preserve the environment. The advancement of energy-efficient, resource-saving technologies has been the focus of Siemens for many years now. Both the environment and people’s quality of life benefit from this commitment. As do our customers because the associated energy savings can help them slash production costs over time and strengthen their competitiveness.
Lay the right foundations for sustainable cities now
70% of all emissions will come from cities. If we want to win the battle against climate change, we need to win the battle in the cities first.Dr. Roland Busch, Member of the Managing Board of Siemens AG
It’s our role to be a leader in this battle against climate change – to show that it works, that there is a positive business case, that there are great opportunities for doing this. Our carbon neutral program is one good example.Jenny Bofinger-Schuster, Senior Vice President Sustainability & Cities, Siemens AG
Carbon-neutral operations by 2030Siemens is one of the first major industrial companies aiming to achieve a worldwide net-zero carbon footprint by 2030. To reach this goal, we will invest some 100 million Euros in energy-efficiency projects at our production facilities and buildings until 2020.
Carbon-neutral operations: Most current figures
of our German sites use 100% green energy
of CO2 emissions reduced since the launch of Siemens' CO2 neutral program
Euros expected annual savings in operating costs starting 2020 due to investments in energy-efficiency projects
Siemens leads the way. We are already taking steps towards achieving our goal to be a carbon neutral business by 2030. We focus on four levers – energy-efficiency, decentralized energy systems, intelligent e-mobility solutions, and green electricity purchasing.
Siemens' Analysis on Germany’s Energy transition plan 2050As a leading partner in decarbonization for our customers and society, Siemens understands what is technologically and economically feasible in order to transition to a low carbon energy system in the near future. We assess what technological shifts will be required over the next 30 years, when to take these steps and the costs involved.
Taking Germany as an example of a country with an ambitious decarbonization plan, we examined what measures would be needed to achieve at least an 80 percent reduction in greenhouse gas emissions.
Siemens’ Environmental Portfolio – our decarbonization driverWith its Environmental Portfolio, Siemens tackles major challenges, such as climate change, environmental pollution and resource scarcity. The Environmental Portfolio comprises products, systems, solutions and services that meet one of our criteria, namely energy efficiency or the use of renewable energies. Offerings from the Environmental Portfolio help to alleviate negative impact on the environment and to reduce emissions of carbon dioxide and other greenhouse gases contributing to global warming.
Our Environmental Portfolio in facts and figures
What characterizes a product in the Environmental Portfolio?
Renewable energy systems and components qualify for our Environmental Portfolio as well as products and systems, that are far more energy-efficient in the use phase at our customers than comparable solutions, i.e. yield an increase in energy efficiency of at least 20% or a greenhouse gas reduction of at least 100,000 metric tons of CO2 equivalents in the reporting year.
> Criteria for including elements in the environmental portfolio (page 47)