Siemens AG 2020 SR
The report highlights Siemens' sustainability performance during fiscal year 2020, a year characterized by the COVID-19 pandemic and the strategic spin-off of Siemens Energy. The company achieved its interim goal of reducing its own operations' carbon footprint by 54% compared to 2014, progressing toward its 2030 net-zero target. Siemens reported €18.0 billion in revenue from its Environmental Portfolio, which helped customers avoid 149.6 million metric tons of CO2 emissions. Key initiatives included the launch of the "ESG Radar" digital due-diligence tool for assessing environmental and social risks in customer projects and the implementation of a "New Normal Working Model" for 140,000 employees. The report also emphasizes Siemens' commitment to the UN Sustainable Development Goals and its top-tier rankings in major ESG indices.
Company: Siemens AG
Sector: Industrials
Country: Germany
Year: 2020
Type: SR
Pages: 144
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Siemens AG
Sustainability Information
The report highlights Siemens' sustainability performance during fiscal year 2020, a year characterized by the COVID-19 pandemic and the strategic spin-off of Siemens Energy. The company achieved its interim goal of reducing its own operations' carbon footprint by 54% compared to 2014, progressing toward its 2030 net-zero target. Siemens reported €18.0 billion in revenue from its Environmental Portfolio, which helped customers avoid 149.6 million metric tons of CO2 emissions. Key initiatives included the launch of the "ESG Radar" digital due-diligence tool for assessing environmental and social risks in customer projects and the implementation of a "New Normal Working Model" for 140,000 employees. The report also emphasizes Siemens' commitment to the UN Sustainable Development Goals and its top-tier rankings in major ESG indices.
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Document Details
Report Year
2020
Reporting Period
Oct 1, 2019 - Sep 30, 2020
Fiscal Year
2020
Published
Nov 27, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees