Sustainability follows our company values

Responsible, excellent and innovative. At Siemens, we define sustainable development as the means to achieve profitable and long-term growth.

Practicing sustainability – in the interest of future generations

Our sustainability initiatives are an essential aspect of successfully implementing the Siemens Strategy Program Vision 2020+. Our understanding of sustainability is fully based on our company values – responsible, excellent, innovative. At Siemens, we define 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.

In Korea, for Korea

Siemens has been doing business in Korea since 1950’s as participated in the reconstruction and infrastructure projects after the Korean War. Over the past decades, Siemens never settled in simply satisfying present-day needs, always seeking to anticipate society's demands. At Siemens, sustainability means long-term economic success coupled with environmental awareness and the social responsibility that goes with being a good corporate citizen. In this pursuit satisfying society's needs, we shaped our portfolio to quickly answer all future changes.

 

As a global citizen, Siemens has been targeting the sustainable goal on education, health, poverty, environment and so much more. Siemens contributes to the achievement of these goals by providing access to clean and affordable energy solutions, by creating smart and livable cities, by providing access to innovative healthcare systems and much more.

 

So, we have contributed Korea's sustainable growth providing various business cooperation efforts, active investments, and developments based on high technology and global experience as a partner of Korea.

Measurable factors that contribute to economic success and social stability

To determine what contribution we make to society, we use our customized Business to Society (B2S) methodology. The Business to Society method is based upon the Measuring Impact Framework developed by the World Business Council for Sustainable Development (WBCSD). With this “Siemens – Business to Society” methodology we identify and measure our contribution to the things that really matter to a country, like sustaining economic growth, developing local skills and fostering innovation, sustaining the environment, strengthening the urban infrastructure, improving quality of life and shaping societal transformation. The results of this analysis help us to identify the issues and action fields that are of importance to our society. Illustrating the gathered data, our contribution to Korea's sustainable growth is shown in the Siemens Korea Value Map.

In focus

Success stories from our sustainability initiatives

Siemens goes carbon neutral

Siemens goes carbon neutral

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of the electricity consumption of our sites globally is covered by renewables

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of CO2 emissions reduced since the launch of Siemens’ CO2 neutral program

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Euros savings expected annually from 2020 onwards as a result of investments in energy-efficiency projects

Siemens leads the way. We are already taking significant steps towards achieving our goal to be a carbon neutral company by 2030. We focus on four levers – energy-efficiency, decentralized energy systems, intelligent e-mobility solutions, and green electricity purchasing.

Financing tomorrow's infrastructure

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Energy reduction of the Thameslink network provided by Siemens with 1,140 new carriages and with over 15,000 extra seats.

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Modernized buildings, with more than €1 billion in savings and more than 10 million tons of CO2 reductions.

Siemens’ thought leadership on decarbonization

Achieving ambitious climate targets is technologically possible and economically attractive. A Siemens analysis presents the levers needed to successfully transform the energy value chain.

Ratings and rankings

Outstanding commitment

Siemens' commitment to sustainability is widely recognized in numerous, significant ratings and rankings. To us, this recognition is both a reconfirmation of our sustainability strategy as well as a standard to which we aspire in our further development.

Sustainability Information

Siemens Sustainability Information 2019

Check out our sustainability report and see how we create value for customers, employees and societies. Taking the UN Agenda 2030 for Sustainable Development as our guiding reference, we leverage our expertise in the areas of electrification, automation and digitalization to improve the lives of people today and create lasting value for future generations.