SIEMENS
“ We bring our supply chain together and speak about what needs to be done . By doing so , I ' m very positive that we will also achieve these targets ”
JENNY BOFINGER-SCHUSTER SVP OF SUSTAINABILITY & OPERATIONAL EXCELLENCE , SIEMENS
This 1.5 ° C target means reaching net-zero global emissions no later than 2050 , in order to limit global warming to a manageable level .
“ That ' s really the gold standard for our company , because it means that if all companies would act as we do we would still be able to achieve the 1.5 degree target . It is closely linked with our DEGREE initiative as well — we want to hit that target and our ESG goals will help us succeed ,” comments Bofinger-Schuster .
“ The SBTi targets then also cover Scope 1 , 2 and 3 . So , it ' s really about making sure any emissions related to the business activity are covered in the right way ,” she continues .
Clearly , with initiatives within departments , as well as the overarching company target , sustainability is nothing new for Siemens . Even before the Paris Agreement in 2015 , Siemens had already set itself an ambitious emissions target and began its decarbonisation efforts in 2014 .
“ We already said we want to be carbon neutral by 2030 and we were really one of
sustainabilitymag . com 105