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 91 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 reported total carbon emissions of approximately 1,000,000,000 kg CO2e, comprising 387,000,000 kg CO2e from Scope 1, 163,000,000 kg CO2e from Scope 2, and 74,964,000,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. Siemens has established near-term targets to reduce absolute Scope 1 and 2 emissions by 90% by FY2030 from a FY2019 baseline, while also targeting a 30% reduction in Scope 3 emissions within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. In addition to these commitments, Siemens has pledged that all its production facilities and buildings worldwide will achieve a net-zero carbon footprint by 2030. This comprehensive approach underscores Siemens's dedication to sustainability and its proactive stance in addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 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 | 00,000,000,000 | 00,000,000,000 |
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.