SIEMENS AG
ingenuity and speed for which Siemens is renowned .
The company ’ s stakeholders and customers are setting the sustainability bar higher with each month that passes , and it is this kind of pressure that really allows Siemens to flourish . For Jenny , the pursuit of answers and the expectation that comes with the need for green credentials in the business ecosystem , has established several key areas of particular focus .
“ Climate change is a reality and we have to work faster than ever to reach our goals ,” says Jenny . “ Decarbonisation is a clear priority at Siemens and for our customers .
Since 2015 , we have reduced our own emissions by more than 54 %. We have achieved this by applying our own technologies , setting a benchmark and demonstrating to the wider world exactly what is possible .”
Last fiscal year alone , Siemens ’ customers saved around 150 million tons of CO2 emissions by using the company ’ s range of technologies including energy efficiency solutions in buildings or with its highlyefficient transport solutions . Vast energy efficiency strides have also been made in manufacturing . The company is aiming to increase these gains further by continuing to reshape business models , exploring new technical solutions and applying digitalisation to manufacturing processes .
Siemens is also one of the companies to have signed-up the ‘ Science Based Target initiative of 1.5 ° C ’ ( while many others were satisfied with well below 2 ° C ). “ This is the gold standard of what you can do as a company ,” notes Jenny . “ I ’ m so proud of my team for reaching such an important milestone , as there are very heavy calculations behind this commitment .”
In addition , the company has included ESG components in its long-term incentive scheme for all Siemens board members and the global senior management – a crucial step in ensuring long-term principles of sustainability .
All these progressive steps are typical to a company whose mission statement is to keep evolving , using every achievement as a stepping stone to the next one .
Embracing digital for a better world The digital era is transforming companies around the world and , as with the ages of architecture , computers and telecommunication , Siemens is at the forefront of the changing landscape .
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