Siemens Corporation Sustainability Profile
Siemens Corporation, a prominent player in the global technology landscape, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1847, Siemens has evolved into a leader in the industrial automation, digitalisation, and smart infrastructure sectors. The company offers a diverse range of core products and services, including automation solutions, building technologies, and mobility systems, distinguished by their innovative approach and commitment to sustainability. Siemens is renowned for its cutting-edge technologies that enhance efficiency and productivity across various industries. With a strong market position, Siemens has achieved numerous accolades, reflecting its dedication to excellence and innovation. The company continues to shape the future of industries, making it a vital contributor to the global economy.
DitchCarbon Score
How does Siemens Corporation'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.
Industry Average
Mean score of companies in the Telecommunications Services 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.
Industry Benchmark
Siemens Corporation's score of 69 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Siemens Corporation's reported carbon emissions
In 2021, Siemens Corporation reported total carbon emissions of approximately 5,650,000 kg CO2e for Scope 1, 360,000,000 kg CO2e for Scope 2 (market-based), and a significant 10,038,000,000 kg CO2e for Scope 3 emissions. The total emissions for Scope 1 and 2 combined amounted to about 926,000,000 kg CO2e (market-based). In comparison, the 2020 emissions data showed Scope 1 emissions at approximately 524,000,000 kg CO2e, Scope 2 (market-based) at 177,000,000 kg CO2e, and Scope 3 emissions at around 8,607,000,000 kg CO2e. Siemens Corporation has set ambitious climate commitments, aiming for a 20% reduction in supply chain emissions by 2030 and achieving net zero supply chain emissions by 2050. These targets are part of a broader strategy to address Scope 3 emissions, which are often the most challenging to manage. The emissions data reported by Siemens Corporation is cascaded from its parent company, Siemens Aktiengesellschaft, reflecting a corporate family relationship. This data is crucial for understanding the overall environmental impact and climate strategy of Siemens Corporation as it aligns with industry standards and global climate goals.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 524,000,000 | 000,000,000 |
| Scope 2 | 177,000,000 | 000,000,000 |
| Scope 3 | 10,202,000,000 | 00,000,000,000 |
How Carbon Intensive is Siemens Corporation's Industry?
How Carbon Intensive is Siemens Corporation's Location?
Siemens Corporation's Scope 3 Categories Breakdown
Siemens Corporation's Scope 3 emissions, which increased by 14% last year and increased by approximately 14% since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 86% of Scope 3 emissions.
Top Scope 3 Categories
Siemens Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Siemens Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
