Siemens Energy

Siemens Energy's reported carbon emissions

Siemens Energy, headquartered in Germany and operating in the transmission services of electricity industry, has reported significant greenhouse gas emissions. In 2025, the company's total emissions were approximately 1.4 trillion kg CO2e, comprising Scope 1 emissions of about 172.5 million kg CO2e, Scope 2 (market-based) emissions of approximately 22 million kg CO2e, and substantial Scope 3 emissions of roughly 1.39 trillion kg CO2e, primarily driven by the use of sold products. In 2024, Siemens Energy reported total emissions of approximately 137.3 billion kg CO2e, with Scope 1 emissions around 175 million kg CO2e, Scope 2 (market-based) emissions at approximately 22 million kg CO2e, and Scope 3 emissions at about 134.3 billion kg CO2e. The year 2023 saw total emissions of approximately 323.9 billion kg CO2e, including Scope 1 emissions of about 160 million kg CO2e, Scope 2 (market-based) emissions of roughly 20 million kg CO2e, and Scope 3 emissions of approximately 1.11 trillion kg CO2e. Prior to this, in 2022, total emissions were around 1.25 trillion kg CO2e, with Scope 1 at approximately 188 million kg CO2e and Scope 2 at about 27 million kg CO2e. In 2021, total emissions stood at approximately 1.37 trillion kg CO2e, with Scope 1 at around 206 million kg CO2e and Scope 2 at roughly 67 million kg CO2e. In 2020, total emissions were approximately 932.2 million kg CO2e, with Scope 1 at around 221 million kg CO2e and Scope 2 at about 71 million kg CO2e. The year 2019 recorded total emissions of approximately 1.4 trillion kg CO2e, including Scope 1 emissions of about 265.7 million kg CO2e and Scope 2 (market-based) emissions of approximately 174.6 million kg CO2e. Limited Scope 3 data for 2018 includes purchased goods and services at approximately 7.3 billion kg CO2e and upstream transportation and distribution at about 398 million kg CO2e. Siemens Energy has established ambitious climate commitments. The company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2025 and by 46% by 2030, both compared to a 2019 base year. Furthermore, Siemens Energy has committed to reducing absolute Scope 3 greenhouse gas emissions from the use of sold products by 28% by 2030, also from a 2019 base year. A related target indicates a significant reduction in GHG from the use of sold products by 2030, with a status of 90%. The company also aims to increase its annual sourcing of renewable electricity from 59% in 2019 to 100% by 2023. These targets are aligned with a 1.5°C pathway.