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Motor Vehicle Manufacturing
SE
updated 2 months ago

Siemens Energy AB Sustainability Profile

Company website

Siemens Energy AB, a prominent player in the energy sector, is headquartered in Sweden (SE) and operates extensively across Europe, Asia, and the Americas. Founded in 2020, the company emerged from Siemens AG, focusing on sustainable energy solutions and innovative technologies. Siemens Energy is dedicated to transforming the energy landscape through its core offerings, which include gas and steam turbines, renewable energy solutions, and digital services. With a strong commitment to decarbonisation, Siemens Energy stands out for its advanced technologies that enhance efficiency and reduce emissions. The company has established itself as a leader in the energy transition, achieving significant milestones in renewable energy integration and grid stability. Its market position is bolstered by a robust portfolio and a reputation for reliability, making Siemens Energy AB a key contributor to the global shift towards sustainable energy.

DitchCarbon Score

How does Siemens Energy AB'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.

55

Industry Average

Mean score of companies in the Motor Vehicle Manufacturing 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.

26

Industry Benchmark

Siemens Energy AB's score of 55 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

72%

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Siemens Energy AB's reported carbon emissions

Inherited from Siemens Energy AG

Siemens Energy AB, headquartered in Sweden (SE), currently does not report specific carbon emissions data, as indicated by the absence of figures in the latest emissions data. The company is a current subsidiary of Siemens Energy AG, which may influence its climate commitments and reporting practices. While no specific reduction targets or achievements are available for Siemens Energy AB, it is important to note that the company inherits its climate initiatives from Siemens Energy AG. This includes participation in various sustainability frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from Siemens Energy AG. These initiatives reflect a commitment to reducing greenhouse gas emissions and enhancing sustainability practices within the energy sector. Siemens Energy AG has set ambitious climate goals, which may guide Siemens Energy AB's strategies and commitments. However, without specific data or targets reported for Siemens Energy AB, the focus remains on the overarching commitments of its parent company. As the industry continues to evolve, Siemens Energy AB is expected to align with these broader climate objectives, contributing to a more sustainable energy future.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
266,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
175,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
000,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Siemens Energy AB's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Siemens Energy AB's primary industry is Motor Vehicle Manufacturing, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Siemens Energy AB's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Siemens Energy AB is in SE, which has a very low grid carbon intensity relative to other regions.

Siemens Energy AB'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 Energy AB 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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