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Siemens' race to net zero: innovating for a sustainable future

Siemens AG is a global technology company renowned for its engineering excellence, innovation, quality, reliability, and international presence for over 165 years. Headquartered in Berlin and Munich, the company operates in more than 200 countries worldwide, focusing on electrification, automation, and digitalisation.

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Siemens is a major producer of energy-efficient and resource-saving technologies and is considered one of the world's largest offshore wind turbine construction companies. Additionally, it is a leading supplier of combined cycle turbines for power generation and a pioneer in infrastructure solutions and automation, drive, and software solutions for the industry.

Apart from the energy sector, Siemens is also a prominent provider of medical imaging equipment, including computed tomography and magnetic resonance imaging systems. It is also a leader in laboratory diagnostics and clinical IT. With such a wide range of products and services, Siemens is committed to enhancing people's lives worldwide by delivering innovative solutions that address some of the most pressing challenges.

What does it mean to go net zero? Find out here.

Siemens, the first industrial company to do so, announced in 2014 its plan to become a climate-neutral company by 2030. To achieve this goal, it planned to cut its carbon dioxide (CO2) emissions by 50% as early as 2020. Currently this goal has been more than 90% completed, with its emissions cut by 46%. 

The plan includes investing €100 million over three years in energy efficiency improvements for production facilities and buildings. By investing in innovative technologies, Siemens expects to save €20 million annually in energy costs. To this date, it invested €650 million in CO2-reduction measures.

To reduce CO2 emissions long-term, Siemens plans to use distributed energy systems, low-emission vehicles, and clean-energy sources like natural gas and wind power. Siemens' new Munich headquarters building was designed to be an environmentally friendly, resource-conserving, and sustainably constructed facility, making a significant contribution to the company's CO2 reduction efforts. In 2016, their headquarters received the Platinum sustainability rating from the German Sustainable Building Council (DGNB) and the United States Leadership in Energy and Environmental Design (LEED) system. In addition, the latest data shows that 77% of the company’s electricity consumption is covered by renewable energy.

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Siemens' Environmental Portfolio includes technologies for energy efficiency and CO2 reduction. Solutions from Siemens enabled customers to reduce their CO2 emissions by 428 million metric tonnes by 2014, equivalent to half of Germany's total CO2 emissions.

Its outlook for the 2030 horizon continues to be ambitious, yet realistic. The company plans to achieve its goals by focusing on four key areas. Firstly, Siemens aims for 100% of its fleet to be electric vehicles. Secondly, it will only own or lease buildings with net-zero carbon emissions. Thirdly, it plans to source 100% of its power from renewable-energy sources. Lastly, it intends to reduce emissions in its supply chain by 20%. By setting these targets, Siemens is making a significant commitment to sustainability and leading the way toward a more sustainable future.

The road to net zero is the next visionary path innovative companies will walk on. DGB Group is ready to support visionaries in reaching their goals.

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