Annual Report

The report describes Siemens’ major reorganization into three Sectors and 20 Regional Clusters. Its Environmental Portfolio generated approximately €19 billion, about 24% of consolidated revenue, in fiscal 2008. The report also sets environmental performance goals for its global production systems, including reductions in CO2 emissions and waste by the end of fiscal 2011. It reports expanded compliance controls and training as part of its efforts to strengthen responsible business conduct.