Siemens Healthineers AG

Siemens Healthineers AG, a German-based company in the Medical, precision and optical instruments, watches and clocks industry, has reported its carbon emissions and committed to ambitious climate targets.

2025 Emissions Data (Projected): In 2025, Siemens Healthineers AG anticipates total emissions of approximately 4.21 billion kg CO2e. This includes:

• Scope 1 emissions: Approximately 102.58 million kg CO2e.
• Scope 2 emissions: Approximately 23.97 million kg CO2e (market-based) or 195.70 million kg CO2e (location-based).
• Scope 3 emissions: Approximately 4.09 billion kg CO2e, with significant contributions from purchased goods and services (2.26 billion kg CO2e), use of sold products (1.25 billion kg CO2e), and upstream transportation and distribution (493.54 million kg CO2e).

Historical Emissions:

• 2024: Scope 1 emissions were approximately 116 million kg CO2e, Scope 2 market-based emissions were about 30 million kg CO2e, and Scope 3 emissions totalled around 3.8 billion kg CO2e.
• 2023: Scope 1 emissions were approximately 133 million kg CO2e, Scope 2 market-based emissions were about 47 million kg CO2e, and Scope 3 emissions totalled around 3.84 billion kg CO2e.
• 2022: Scope 1 emissions were approximately 130 million kg CO2e, Scope 2 market-based emissions were about 55 million kg CO2e, and Scope 3 emissions totalled around 4.31 billion kg CO2e.
• 2021: Scope 1 emissions were approximately 106 million kg CO2e, Scope 2 market-based emissions were about 40 million kg CO2e, and Scope 3 emissions totalled around 3.36 billion kg CO2e.
• 2020: Scope 1 emissions were approximately 105 million kg CO2e, Scope 2 market-based emissions were about 36 million kg CO2e, and Scope 3 emissions totalled around 2.87 billion kg CO2e.
• 2019: Scope 1 emissions were approximately 138 million kg CO2e, Scope 2 market-based emissions were about 60 million kg CO2e, and Scope 3 emissions totalled around 2.91 billion kg CO2e.

Climate Commitments and Targets: Siemens Healthineers AG has set Science Based Targets initiative (SBTi) approved targets, aligning with a 1.5°C warming scenario:

• Near-Term Targets (by FY2030 from a FY2019 base year):

  • Reduce absolute Scope 1 GHG emissions by 90%.
  • Reduce absolute Scope 2 GHG emissions by 90%.
  • Reduce absolute Scope 3 GHG emissions (from purchased goods and services, upstream transportation and distribution, business travel, and use of sold products) by 28%.

• Long-Term and Net-Zero Targets (by FY2050 from a FY2019 base year):

  • Achieve net-zero greenhouse gas emissions across the entire value chain by FY2050.
  • Maintain a minimum of 90% absolute Scope 1 GHG emissions reductions from FY2030 through FY2050.
  • Maintain a minimum of 90% absolute Scope 2 GHG emissions reductions from FY2030 through FY2050.
  • Reduce absolute Scope 3 GHG emissions (from purchased goods and services, upstream transportation and distribution, business travel, and use of sold products) by 90% by FY2050.

These targets demonstrate Siemens Healthineers AG's commitment to substantial decarbonisation efforts across its operations and value chain.