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Siemens Energy, a leading player in the transmission services of electricity, is headquartered in Germany (DE) and operates extensively across Europe, Asia, and the Americas. Founded in 2020 as a spin-off from Siemens AG, the company has quickly established itself in the energy sector, focusing on sustainable and innovative solutions for power transmission.
Specialising in high-voltage transmission systems, Siemens Energy offers a range of core products and services, including gas and steam turbines, transformers, and digital grid solutions. What sets them apart is their commitment to integrating renewable energy sources into existing infrastructures, enhancing efficiency and reliability.
With a strong market position, Siemens Energy has achieved significant milestones, including advancements in smart grid technology and a robust portfolio of projects aimed at reducing carbon emissions. Their dedication to innovation and sustainability continues to drive their success in the global energy landscape.
+17 vs industry average
Siemens Energy’s score of 44 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electricity Transmission is among the most carbon-intensive industries
The Electricity Transmission industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Siemens Energy, a German company specialising in transmission services of electricity, is actively working to reduce its carbon footprint. In 2025, Siemens Energy reported approximately 172.5 million kg CO2e in Scope 1 emissions, about 22.0 million kg CO2e in Scope 2 (market-based), and approximately 1,395.0 billion kg CO2e in Scope 3 emissions.
Siemens Energy has set ambitious climate commitments. The company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030, using a 2019 base year. For Scope 3 emissions, Siemens Energy is committed to reducing absolute emissions from the use of sold products by 28% by 2030, also from a 2019 base year. Additionally, they plan to increase annual sourcing of renewable electricity to 100% by 2023, up from 59% in 2019. These near-term targets have been validated by the Science Based Targets initiative (SBTi) as consistent with keeping global warming to 1.5°C. The company also aims for a 30% reduction in relative Scope 3 GHG emissions from purchased goods and services, as well as transportation and distribution, per procurement volume unit (€ spent) by 2030, based on fiscal year 2018.
2030
46% reduction in Scope 2
Siemens Energy commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year.
2030
46% reduction in Scope 1
Siemens Energy commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year.
2030
28% reduction in scope 3 total
In addition, Siemens Energy commits to reduce absolute scope 3 GHG emissions from use of sold products 28% by 2030 from a 2019 base year.
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Common questions about Siemens Energy’s sustainability data and climate commitments
Data year: 2025
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