Siemens AG
Machinery, Equipment & Components
Company Summary
Siemens AG is a global technology and industrial powerhouse that focuses heavily on sustainability, including energy-efficient solutions, renewable energy technologies, and smart infrastructure. The company’s ESG rating is strong due to its investments in carbon reduction, green buildings, and clean energy initiatives. Siemens has also worked on improving the environmental footprint of its manufacturing processes. However, challenges remain, including concerns over governance, particularly in its past involvement in corruption scandals and issues regarding labor conditions in its supply chain. Despite these challenges, Siemens is committed to carbon neutrality and continues to focus on innovative solutions that reduce its environmental impact and promote social responsibility. For more details, refer to the Siemens ESG report. In its Smart Infrastructure segment, Siemens is dedicated to sustainable energy supply both from fossil and renewable sources, as well as building smart and electrification solutions. Siemens electric solutions play an important role in modernizing infrastructure in this space. In the Mobility segment, Siemens engineering company provides innovative transportation solutions in the form of vehicles, trams, commuter trains, and automation systems for railways. Siemens Healthineers is a company in the Siemens group, though it produces various products that include diagnostic and therapeutic products, while Siemens Financial Services provides various financing solutions to support the Siemens industry sectors through investments, leasing, and project financing. So, what does Siemens make? The products scope of Siemens company cuts across industrial automation to healthcare solutions. What does Siemens company do? It changes industries and infrastructures worldwide. Siemens Germany, known for innovation, trades under the name Siemens, which is famous for its mastery in engineering. To learn more about Siemens and all their services, see Siemens website below.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Siemens is a leader among 38 companies in the industrial conglomerates industry.
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News from Siemens AG
Siemens Joins Global Battery Alliance for Green Future
Siemens and Norgesnett Partner on Green Solutions
Siemens Gets €3 Billion Locomotive Contract from Indian Railways
FAQ
What is Siemens' ESG rating?
Siemens holds an ESG score of 80, according to MSCI, with exceptional marks for its green technology innovations and focus on energy efficiency. The company is seen as a leader in sustainable infrastructure and clean energy solutions.
How does Siemens manage ESG risks?
Siemens manages ESG risks through its comprehensive sustainability strategy, ensuring responsible sourcing, energy-efficient manufacturing, and promoting social inclusivity. It aims to achieve net-zero emissions by 2030.
What sustainability efforts has Siemens undertaken?
Siemens has invested in digitalizing energy systems and reducing its carbon footprint through renewable energy integration. The company also focuses on creating energy-efficient solutions for its clients and advancing sustainable infrastructure.