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. The ratio of women in top leadership positions in FY24 was 24% and we continued to break barriers by reducing our gender pay gap for the second consecutive year to 3%. 

Note: Siemens Energy pursues the goal of an inclusive corporate culture and, in doing so, follows all applicable laws. To the extent any statements, goals, policies, or practices articulated on this global webpage conflict with the anti-discrimination laws of the United States (“US”), the US entity will follow US law and not the policy. Siemens Energy, Inc. in the US does not make any employment decisions based on race, color, religion, sex, national origin, age, qualified individuals with disabilities, or any other category protected by applicable law.

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. 

We are convinced that sustainable development can only be achieved if a wide range of stakeholders collaborate. Regular dialogue about issues affecting our business and society is central to our sustainability strategy. This approach is aligned with SDG 17, which calls for a global partnership that brings together governments, civil society, the private sector, the UN, and other stakeholders.

As part of our efforts to track existing memberships in national and international associations, Siemens Energy also assesses how these organizations support the goals of the Paris Climate Agreement. We actively monitor and, when necessary, provide constructive guidance to help advance their positions.

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.

Note: Siemens Energy pursues the goal of an inclusive corporate culture and, in doing so, follows all applicable laws. To the extent any statements, goals, policies, or practices articulated on this global webpage conflict with the anti-discrimination laws of the United States (“US”), the US entity will follow US law and not the policy. Siemens Energy, Inc. in the US does not make any employment decisions based on race, color, religion, sex, national origin, age, qualified individuals with disabilities, or any other category protected by applicable law.