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 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 80 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 2023, Siemens AG reported total greenhouse gas emissions of approximately 550,000,000 kg CO2e, comprising 387,000,000 kg CO2e from Scope 1, 163,000,000 kg CO2e from Scope 2, and about 489,000,000,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing emissions across its value chain, with significant targets set for the near and long term. Siemens has established a net-zero target for greenhouse gas emissions by FY2050. The company aims to achieve a 90% reduction in absolute Scope 1 and 2 emissions by FY2030, using FY2019 as the baseline. Additionally, Siemens is committed to a 30% reduction in absolute Scope 3 emissions within the same timeframe. Long-term goals include maintaining a minimum of 90% reductions in Scope 1 and 2 emissions from FY2030 through FY2050, and a 90% reduction in Scope 3 emissions by FY2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Siemens's commitment to sustainable practices in the electrical equipment and machinery sector. The company has also signed the Climate Pledge, reinforcing its dedication to climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 821,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 637,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
Scope 3 | 15,472,000,000 | 00,000,000,000 | 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 committed to some reduction initiatives 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.