Public Profile

Siemens

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.

DitchCarbon Score

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.

100

Industry Average

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.

19

Industry Benchmark

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.

100%

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Siemens's reported carbon emissions

In 2024, Siemens reported total carbon emissions of approximately 347,000,000 kg CO2e for Scope 1, 94,000,000 kg CO2e for Scope 2, and a staggering 416,758,000,000 kg CO2e for Scope 3 emissions. This highlights the significant impact of their supply chain and product use on overall emissions. Siemens has set ambitious targets to reduce its carbon footprint, aiming for a 55% reduction in Scope 1 and 2 emissions by 2025 compared to 2019 levels. Furthermore, they have committed to achieving a 90% reduction in these scopes by 2030. For Scope 3 emissions, Siemens targets a 20% reduction by 2030 and aims for complete elimination by 2050. The company is also dedicated to achieving net-zero emissions across its entire value chain by 2050, aligning with the Science Based Targets Initiative (SBTi). This commitment includes a near-term goal of reducing absolute Scope 1 and 2 emissions by 90% by 2030, with a similar target for Scope 3 emissions. Siemens's climate strategy is encapsulated in its DEGREE framework, which focuses on sustainability and energy efficiency measures, including the use of renewable energy sources. The company has already made strides in reducing its emissions, cutting Scope 1 and 2 emissions by 373,000 tonnes CO2e, representing a 27% reduction compared to fiscal 2019. Overall, Siemens is actively working towards significant emissions reductions and sustainability goals, reflecting its commitment to addressing climate change and promoting a greener future.

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20132018201920202021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Siemens's primary industry is Machinery and equipment n.e.c. (29), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Siemens is in DE, which has a medium grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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DitchCarbon Score

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