Commited to South Africa's long term Socio-Economic Prosperity

At Siemens, we believe that companies can only truly succeed if they help to fulfil the needs of the society they operate in. Besides helping to drive a country’s economic growth, businesses should add lasting value to communities.
Business to Society

What matters to South Africa?

Measuring our contribution to society

We began by taking a close look at what matters most to South Africa, rather than viewing the country from the perspective of Siemens and its own operations, we looked inward at Siemens from the perspective of South Africa and its particular social, economic and political circumstances. To identify and measure our contribution to the things that matter to South Africa, we examined the government’s priorities for the country’s development – based on published goals and the National Development Plan.

Through our external research and analysis, we can identify six key pillars that set the focus of our impact assessment and provide the framework to measure Siemens’ contribution to South Africa:

Siemens Value Map

Our contribution to sustainable development in South Africa

Having analysed the key priorities, we went on to measure how Siemens contributes to sustainable development in this country. Our value map presents an overview of our impact across various industries and socio-economic issues.
Our methodology

Measurable factors of economic success and social stability

With the “Siemens – Business to Society” methodology we identify and measure our contribution to the things that really matter to a country, like economic growth, job creation and skills, infrastructure and industry, the environment, quality of life and socio-economic development. This is based on stakeholder input, published goals and the national development plans of countries when available. Global consulting firms and agencies are used when required to provide external expertise and independent support to assess our impact. When assessing our contribution in specific industries we measure only where Siemens technology plays a fundamental role in a sector or is a critical part of a business or industrial process. Companies often try to gloss over the negative. At Siemens, we are committed to understanding it and dealing with it. The B2S analysis enables us to identify areas where we need to improve and provides insights to understand how we can perform better.

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Learn more about our worldwide efforts to pursue the United Nations’ 2030 Agenda for Sustainable Development, to generate lasting value for societies and make real what matters.