Siemens releases sustainable development report: continuous acceleration and outstanding results

Siemens goes further towards its sustainable development goals. At the capital market day held in June 2021, the company announced a new “degree” strategic framework and set ambitious goals in environmental, social and Governance (ESG). In the sustainability report for fiscal year 2021 released today, Siemens announced the latest progress in achieving relevant goals.

“We are making steady progress towards our own sustainable development goals and accelerating this process through the implementation of the ‘degree’ framework,” said Judith Wiese, chief human and sustainable development officer of Siemens AG and member of the management committee, “The company’s comprehensive strategy enables all our stakeholders, including customers, investors, employees, communities and the environment, to benefit from Siemens’ unremitting efforts for sustainable development. We are proud of the results achieved, but the real success must stand the test of time, especially for the company, the whole society and even the whole earth.”

Siemens has made solid progress in its 14 ESG goals, about one-third of which have made rapid progress. For example, the company has made progress in employee vocational training, supplier ESG management and the proportion of women in senior management team.

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For the goal of ecological design and secondary materials, that is, in achieving the sustainability of product development and the reuse of raw materials in the manufacturing process, Siemens has completed the baseline setting, and thus achieved an excellent starting point: at present, 26% of Siemens ecological design standards have been applied in all relevant products of the company. In this way, the product can be ensured Recycling and other factors are taken into account from the design stage. By 2030, the company hopes that all its relevant product lines will be developed based on ecological design requirements. In addition, Siemens plans to increase the use of recyclable metal and resin materials (also known as “secondary materials”) In addition, the company hopes to achieve zero landfill by 2030. In fiscal year 2021, the proportion of recycled materials in Siemens’ metal materials used for product manufacturing has reached 38%.

Siemens has also made significant progress in climate protection. In the past two years, the company has reduced carbon dioxide emissions from its operations by 36%. In early 2021, Siemens set a new emission reduction target and has passed SBTI certification. In this way, XIMENZI hopes to contribute to the goal of limiting global warming to 1.5 degrees Celsius. Based on For SBTI emission reduction path, Siemens hopes to achieve carbon neutrality in its business operations by 2030. At that time, the company also hopes to reduce the emissions of the whole value chain by 15% compared with 2019.

In fiscal year 2021, Siemens not only further reduced emissions in its own operations, but also helped customers achieve the same results: the technology of Siemens environmental protection business portfolio helped customers reduce 88 million tons of carbon dioxide emissions, an increase of 10% compared with fiscal year 2020. In addition, the company introduced sigreen, a new solution to the market, realizing the carbon footprint tracking of products in the whole supply chain for the first time Thus, enterprises can implement targeted and quantifiable emission reduction measures.

Siemens, together with its strategic partners, continues to increase its efforts in climate and resource protection. For example, in 2021, Siemens became the Alliance for clean air In addition, Siemens has expanded its strategic partnership with the biodiversity consultancy to scientifically assess its biodiversity footprint and strengthen its investment in sustainable development.

For more than 20 years, Siemens has been in a leading position in the international sustainable development ranking. For example, the Dow Jones sustainable development index (DJSI) released on November 12, 2021 Siemens ranks first in the industry group. In this ranking, Siemens has won a global leading position in social and environmental reporting, innovation, network information security and environmental protection related to products and industries. XIMENZI has been selected in this ranking every year since the first release of DJSI in 1999.


Post time: Dec-07-2021