Siemens

Siemens, a German-headquartered company in Automatic Environmental Control Manufacturing, is actively working to reduce its carbon footprint. In 2024, Siemens reported Scope 1 emissions of approximately 347 million kg CO2e and market-based Scope 2 emissions of around 94 million kg CO2e. Their Scope 3 emissions for 2024 were approximately 416.76 billion kg CO2e, with the largest categories being use of sold products (around 397.52 billion kg CO2e) and purchased goods and services (approximately 8.93 billion kg CO2e).

Looking back, in 2023, Siemens' Scope 1 emissions were approximately 387 million kg CO2e, and market-based Scope 2 emissions were around 163 million kg CO2e. Total Scope 3 emissions in 2023 were about 488.98 billion kg CO2e, with use of sold products accounting for approximately 469.18 billion kg CO2e. In 2022, Scope 1 emissions were roughly 393 million kg CO2e, and market-based Scope 2 emissions were about 189 million kg CO2e. Scope 3 emissions for 2022 totalled approximately 457.61 billion kg CO2e, primarily driven by use of sold products (around 442.18 billion kg CO2e) and purchased goods and services (approximately 9.56 billion kg CO2e). The company has a projection for 2025, anticipating Scope 1 emissions of about 288 million kg CO2e and market-based Scope 2 emissions of around 71 million kg CO2e. Total Scope 3 emissions for 2025 are projected to be approximately 159.14 billion kg CO2e.

Siemens has set ambitious climate commitments and Science Based Targets initiative (SBTi) validated goals. Siemens AG commits to reaching net-zero greenhouse gas emissions across its entire value chain by FY2050. Near-term, the company aims to reduce absolute Scope 1 and 2 GHG emissions by 90% by FY2030 from a FY2019 base year. Additionally, Siemens AG is committed to reducing absolute Scope 3 GHG emissions by 30% within the same timeframe. Long-term, Siemens AG plans to maintain a minimum of 90% absolute Scope 1 and 2 GHG emissions reductions from FY2030 through FY2050 and to reduce absolute Scope 3 GHG emissions by 90% by FY2050 from a FY2019 base year. The company also aims for net-zero operations by 2030 globally, with a specific target for Siemens Brazil to achieve 100% emission neutralisation from its operations by 2025. Siemens signed The Climate Pledge in September 2020.