Sustainability at Siemens Energy

Sustainability is an integral part of our business strategy, and we have made significant progress in the past few years. We take pride in our consistent business implementation and the steady progress within our existing programs. In the years to come, we will focus on increasing the resilience of energy systems while supporting our customers in their energy transition. 

We focus on continuous improvement and after a strong business year, in FY24 we reduced our Scope 1 and 2 emissions by 55% compared to 2019 and are on-track to achieve our climate neutrality target. We also achieved 24% of women in top leadership positions and continued to break barriers by reducing our gender pay gap for the second consecutive year to 3%. 

Sustainability is at the core of our company strategy, enabling us to drive future growth, improve prosperity, and increase our resilience. We are a partner of choice for our stakeholders and shaper of the energy transition worldwide.

Our Sustainability Program is oriented toward our company’s purpose, “We energize society” whilst contributing to the United Nations’ Sustainable Development Goals. Through it, we guide our activities and focus on the most relevant topics that help us achieve our mission to support our customers in transitioning to a more sustainable world. 

Our businesses, regional entities and central functions work together to implement the program. We measure our progress against our goals and strategic KPIs. 

The various ratings set different priorities on which they focus, e.g. some prioritize areas such as governance or decarbonization, others focus on the management of ESG risks – which means that the final ratings may vary.