Siemens Corporation

Siemens Corporation's reported carbon emissions

Siemens Corporation, operating within the post and telecommunication services industry, has reported its carbon emissions with a focus on Scope 1, 2, and 3 across its global operations. For the reporting year 2024, Siemens Corporation's total calculated emissions stand at approximately 1.34 trillion kg CO2e. This includes Scope 1 emissions of about 175 million kg CO2e, Scope 2 emissions of approximately 22 million kg CO2e (market-based), and substantial Scope 3 emissions totalling about 1.34 trillion kg CO2e. A significant portion of these Scope 3 emissions, specifically 1.33 trillion kg CO2e, are attributed to downstream transportation and distribution. In the preceding year, 2023, total calculated emissions were approximately 1.11 trillion kg CO2e. This comprised about 160 million kg CO2e in Scope 1, around 20 million kg CO2e in Scope 2 (market-based), and approximately 1.11 trillion kg CO2e in Scope 3 emissions, with downstream transportation and distribution accounting for 1.10 trillion kg CO2e. Earlier data for 2021 shows Scope 1 emissions at approximately 565 million kg CO2e and Scope 2 market-based emissions at about 360 million kg CO2e. Scope 3 emissions for 2021 were significant, with purchased goods and services contributing 10.04 billion kg CO2e and upstream transportation and distribution at 713 million kg CO2e. For 2020, Scope 1 emissions were around 524 million kg CO2e, Scope 2 market-based emissions were approximately 177 million kg CO2e, and Scope 3 emissions included 8.61 billion kg CO2e from purchased goods and services and 740 million kg CO2e from upstream transportation and distribution. Siemens Corporation has set ambitious climate commitments. Notably, it is working towards a 20% reduction in its supply chain emissions by 2030 and aims for net-zero supply chain emissions by 2050. These targets are part of a broader strategy to reduce its overall environmental impact. As a current subsidiary, Siemens Corporation's emissions data is cascaded from its parent, Siemens Aktiengesellschaft. This relationship influences initiatives such as Science Based Targets initiative (SBTi) commitments, RE100, and the Net-Zero Standard, all of which are aligned with or inherited from Siemens Aktiengesellschaft.