Siemens Financial Services, Inc. Sustainability Profile
Siemens Financial Services, Inc. (SFS) is a prominent player in the financial services sector, headquartered in the United States. Established as a subsidiary of Siemens AG, SFS has been instrumental in providing innovative financing solutions since its inception. The company operates primarily in North America, with significant influence in Europe and Asia, catering to a diverse range of industries including manufacturing, healthcare, and energy. SFS offers a unique portfolio of services, including asset-based financing, project financing, and structured finance solutions, tailored to meet the specific needs of its clients. With a strong focus on sustainability and digitalisation, Siemens Financial Services stands out for its commitment to supporting businesses in their transition to more efficient and environmentally friendly operations. Recognised for its market leadership, SFS continues to achieve notable milestones, reinforcing its position as a trusted partner in the financial landscape.
DitchCarbon Score
How does Siemens Financial Services, Inc.'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 Financial Intermediation 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 Financial Services, Inc.'s score of 100 is higher than 100% 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 Financial Services, Inc., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. However, the company is part of a broader corporate family that includes Siemens Aktiengesellschaft, from which it inherits significant climate commitments and initiatives. Siemens Aktiengesellschaft has established various climate initiatives, including targets set through the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are cascaded to Siemens Financial Services, Inc. These initiatives aim to drive substantial reductions in greenhouse gas emissions across all scopes, although specific reduction targets for Siemens Financial Services, Inc. have not been detailed. As a current subsidiary of Siemens Aktiengesellschaft, Siemens Financial Services, Inc. aligns with the overarching sustainability goals of its parent company, which includes commitments to achieving net-zero emissions and enhancing energy efficiency. The absence of specific emissions data does not diminish the company's commitment to climate action, as it actively participates in the corporate family’s sustainability strategies.
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| 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 963,740 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
How Carbon Intensive is Siemens Financial Services, Inc.'s Industry?
How Carbon Intensive is Siemens Financial Services, Inc.'s Location?
Siemens Financial Services, Inc.'s Scope 3 Categories Breakdown
Siemens Financial Services, Inc.'s Scope 3 emissions, which decreased by 15% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 95% of Scope 3 emissions.
Top Scope 3 Categories
Siemens Financial Services, Inc.'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 Financial Services, Inc. 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.
