Siemens Limited Sustainability Profile
Siemens Limited, a subsidiary of the global technology powerhouse Siemens AG, is headquartered in India and operates extensively across the country and the Asia-Pacific region. Founded in 1866, Siemens has established itself as a leader in the fields of electrification, automation, and digitalisation, providing innovative solutions that enhance efficiency and sustainability. The company’s core offerings include advanced industrial automation systems, smart infrastructure solutions, and cutting-edge mobility technologies. Siemens Limited is renowned for its commitment to quality and innovation, which has positioned it as a key player in the Indian market. With a strong focus on digital transformation, Siemens continues to achieve significant milestones, contributing to the advancement of various industries, including manufacturing, energy, and transportation.
DitchCarbon Score
How does Siemens Limited'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 Electrical Machinery 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.
Industry Benchmark
Siemens Limited's score of 34 is higher than 55% 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 Limited's reported carbon emissions
In 2023, Siemens Limited reported total carbon emissions of approximately 40,000,000 kg CO2e, comprising 8,345,000 kg CO2e from Scope 1 and 32,186,000 kg CO2e from Scope 2 emissions. Additionally, their Scope 3 emissions were significant, amounting to about 74,964,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 90% reduction in emissions from its own operations (Scope 1 and 2) by 2030, in line with the Science Based Targets Initiative (SBTi). Furthermore, Siemens is targeting a 30% reduction in Scope 3 emissions by the same year. Looking ahead, Siemens Limited is committed to achieving net-zero emissions across its entire value chain by 2050. This commitment is part of their broader sustainability strategy, encapsulated in the DEGREE framework, which focuses on various environmental, social, and governance (ESG) goals. The company has made strides in reducing its carbon footprint, with a reported reduction of 42,600 tonnes CO2e in Scope 1 and 2 emissions in previous years. Siemens Limited's climate initiatives reflect a proactive approach to sustainability, aligning with global efforts to combat climate change and reduce greenhouse gas emissions.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | - | - |
| Scope 3 | 74,964,000,000 | 00,000,000,000 |
How Carbon Intensive is Siemens Limited's Industry?
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Siemens Limited'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 Limited 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.
