Siemens AG, a global powerhouse headquartered in Germany, is a leader in the fields of electrification, automation, and digitalisation. Founded in 1847, Siemens has evolved into a multifaceted organisation with a strong presence in Europe, Asia, and the Americas. The company operates across various industries, including energy, healthcare, and manufacturing, providing innovative solutions that enhance efficiency and sustainability. Siemens is renowned for its cutting-edge products and services, such as smart infrastructure, digital industries, and mobility solutions, which set it apart in a competitive market. With a commitment to advancing technology, Siemens has achieved significant milestones, including pioneering developments in automation and smart grid technology. As a result, Siemens holds a prominent position in the global market, consistently recognised for its contributions to engineering excellence and sustainable practices.
How does Siemens's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Siemens's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Siemens reported significant carbon emissions, totalling approximately 347,000,000 kg CO2e for Scope 1, 94,000,000 kg CO2e for Scope 2 (market-based), and a staggering 416,758,000,000 kg CO2e for Scope 3 emissions. This highlights the company's substantial carbon footprint, particularly in its supply chain operations. Siemens has set ambitious climate commitments, aiming for a 55% reduction in Scope 1 and 2 emissions by 2025 compared to 2019 levels. Furthermore, the company has accelerated its target to achieve a 90% reduction in these emissions by 2030. For Scope 3 emissions, Siemens is committed to a 15% reduction by 2030 and aims for complete elimination by 2050. The company is also focused on achieving net-zero emissions across all scopes by 2050, with interim targets of 90% reductions in Scope 1 and 2 emissions by 2030. Siemens has signed the "Business Ambition for 1.5°C" pledge, reinforcing its commitment to align with global climate goals. Siemens's climate strategy is guided by its DEGREE framework, which includes specific initiatives to enhance energy efficiency and transition to renewable energy sources. The company is on track to meet its near-term targets, demonstrating a proactive approach to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 963,740 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Siemens is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.