Commitment
Already in September 2015, Siemens announced its intention to cut the carbon footprint of its operative business and to become climate neutral by 2030. All Siemens production facilities and buildings worldwide are to achieve a net zero-carbon footprint by 2030. With this announcement Siemens has been one of the first global industrial companies to commit towards carbon neutrality by 2030 and set a clear signal even before the adoption of the Paris Agreement.
By setting this goal, Siemens expresses its firm belief that companies play a pioneering role in the fight against climate change. This programme not only benefits humanity and the environment, but also comes with sustainable economic advantages for the company.
We invest in energy efficiency and the deployment of distributed energy systems. We have reduced the average emissions from our car fleet and are increasingly purchasing electricity from renewable energy sources.
Lighthouse initiative
Siemens has started a number of climate action initiatives of which we mention only two examples:
At the factory in Mohelnice, Czech Republic, a comprehensive set of energy efficiency measures are implemented with support of EU subsidies. It is expected that the project measures will save approximately 2,000 tons of CO2 emissions per year.
Siemens UK has launched a carbon reduction Investment Fund to support Siemens’ global commitment of being carbon neutral by 2030. During the financial year 2019, the fund of £240k was created by charging UK businesses an internal carbon price of £13 per tonne of carbon emissions from gas and electricity. This specific price was set in order to raise enough seed funding for 5-10 projects as part of the pilot project phase.
