Siemens continues to strengthen its leadership in sustainability, achieving key milestones outlined in the newly published 2024 Sustainability Report. According to the technology company, it has achieved seven of its fourteen ambitious targets ahead of time, for example in the areas of decarbonisation, equity and employability.
For the first time, Siemens cites the example that its “products and solutions sold in fiscal 2024 enabled customers to avoid more emissions than Siemens had generated in its entire value chain.” Since 2021 Siemens has defined its ambitions in its strategic sustainability framework Degree, a holistic approach with stringent and measurable key performance indicators.
Sustainability – Resource efficiency & circularity
“Together with our customers and partners we continue to make significant strides in applying technology with purpose. Technology is a powerful tool to solve the world’s most pressing challenges, and digitalisation is a key enabler to support our customers and partners achieve their own sustainability goals. In 2024, we have continued to make strong progress towards our ambitious targets. We are committed to go even further, faster,” said Judith Wiese, Chief People and Sustainability Officer and member of the Managing Board of Siemens AG.
Siemens technology drives industrial decarbonisation and resource efficiency
Siemens has a major impact in the area of environmental protection and decarbonisation with customers in industry, infrastructure, transportation and healthcare. According to the company, the innovative Siemens offerings sold to customers in fiscal 2024 will, over the course of their lifetime, avoid around 144 million tons of greenhouse gas emissions. This is higher than the 121 million tons of emissions the company generated along its entire value chain in fiscal 2024.
“Siemens is the right partner to accelerate the sustainability transformation. We offer our customers innovations to drive decarbonisation, save resources and improve the lives of people around the world”, said Eva Riesenhuber, Global Head of Sustainability at Siemens. “Being power users of our own portfolio, we reduced our CO₂e footprint by 60 percent since 2019, showcasing that it is possible to be more competitive, more resilient and more sustainable at the same time.”
