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In 2024, Siemens AG was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Siemens AG has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Siemens AG are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover Portion of total company turnover generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Eligible A Turnover Total turnover of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Non-Eligible B Turnover Total turnover of the company associated with activities that are not listed as eligible under the EU Taxonomy. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.1 CCM/CCA - Manufacture of renewable energy technologies 3.1 CCM/CCA - Manufacture of renewable energy technologies | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.19 CCM - Manufacture of rail rolling stock constituents 3.19 CCM - Manufacture of rail rolling stock constituents | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation 3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.3 CCM/CCA - Manufacture of low carbon technologies for transport 3.3 CCM/CCA - Manufacture of low carbon technologies for transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.6 CCM/CCA - Manufacture of other low carbon technologies 3.6 CCM/CCA - Manufacture of other low carbon technologies | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.1 CE - Provision of IT/OT data-driven solutions 4.1 CE - Provision of IT/OT data-driven solutions | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.9 CCM/CCA - Transmission and distribution of electricity 4.9 CCM/CCA - Transmission and distribution of electricity | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
6.14 CCM/CCA - Infrastructure for rail transport 6.14 CCM/CCA - Infrastructure for rail transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
6.15 CCA - Infrastructure enabling road transport and public transport 6.15 CCA - Infrastructure enabling road transport and public transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies 7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
8.2 CCM - Data-driven solutions for GHG emissions reductions 8.2 CCM - Data-driven solutions for GHG emissions reductions | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
| Metric (tonnes) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex Portion of total company OPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Eligible A Opex Total OPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Non-Eligible B Opex Total OPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.1 CCM/CCA - Manufacture of renewable energy technologies 3.1 CCM/CCA - Manufacture of renewable energy technologies | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.19 CCM - Manufacture of rail rolling stock constituents 3.19 CCM - Manufacture of rail rolling stock constituents | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation 3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.3 CCM/CCA - Manufacture of low carbon technologies for transport 3.3 CCM/CCA - Manufacture of low carbon technologies for transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.6 CCM/CCA - Manufacture of other low carbon technologies 3.6 CCM/CCA - Manufacture of other low carbon technologies | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.1 CE - Provision of IT/OT data-driven solutions 4.1 CE - Provision of IT/OT data-driven solutions | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
6.14 CCM/CCA - Infrastructure for rail transport 6.14 CCM/CCA - Infrastructure for rail transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
6.15 CCA - Infrastructure enabling road transport and public transport 6.15 CCA - Infrastructure enabling road transport and public transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.7 CCM/CCA - Acquisition and ownership of buildings 7.7 CCM/CCA - Acquisition and ownership of buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
8.2 CCM - Data-driven solutions for GHG emissions reductions 8.2 CCM - Data-driven solutions for GHG emissions reductions | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
| Metric (tonnes) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex Portion of total company CAPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Eligible A Capex Total CAPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Non-Eligible B Capex Total CAPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.1 CCM/CCA - Manufacture of renewable energy technologies 3.1 CCM/CCA - Manufacture of renewable energy technologies | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.19 CCM - Manufacture of rail rolling stock constituents 3.19 CCM - Manufacture of rail rolling stock constituents | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation 3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.3 CCM/CCA - Manufacture of low carbon technologies for transport 3.3 CCM/CCA - Manufacture of low carbon technologies for transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.1 CE - Provision of IT/OT data-driven solutions 4.1 CE - Provision of IT/OT data-driven solutions | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
6.14 CCM/CCA - Infrastructure for rail transport 6.14 CCM/CCA - Infrastructure for rail transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
6.15 CCA - Infrastructure enabling road transport and public transport 6.15 CCA - Infrastructure enabling road transport and public transport | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
6.5 CCM/CCA - Transport by motorbikes, passenger cars and light commercial vehicles 6.5 CCM/CCA - Transport by motorbikes, passenger cars and light commercial vehicles | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies 7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.7 CCM/CCA - Acquisition and ownership of buildings 7.7 CCM/CCA - Acquisition and ownership of buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
8.2 CCM - Data-driven solutions for GHG emissions reductions 8.2 CCM - Data-driven solutions for GHG emissions reductions | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
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In 2024, Siemens AG reported EU Taxonomy-eligible revenues of EUR 51.74 billion, representing 68.1% of its total turnover. Of this amount, EUR 19.30 billion of Siemens AG's revenues was classified as EU Taxonomy-aligned, indicating that 25.4% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Compared to the previous year (2023), Siemens AG's taxonomy-aligned revenues increased by 53.94%,highlighting Siemens AG's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
In 2024, Siemens AG reported that EUR 51.74 billion of its revenue was eligible under the EU Taxonomy, representing 68.1% of the company's total turnover. Of this amount, EUR 19.30 billion (25.4% of total revenue) was classified as Taxonomy-aligned. This means that 42.7% of Siemens AG's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
In 2024, Siemens AG reported that EUR 19.30 billion of its revenue was aligned under the EU Taxonomy, representing 25.4% of its total turnover.a
This moderate level of alignment indicates that Siemens AG has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, Siemens AG reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
In 2024, Siemens AG reported that EUR 13.06 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 17.2% of the company's total revenue,indicating that Siemens AGhas a moderate focuson solutions that support climate action through its commercial activities.a
In 2024, Siemens AG reported EU Taxonomy-eligible CAPEX of EUR 2.82 billion,representing 72.2% of its total CAPEX. Of this amount, EUR 710.00 million of Siemens AG's CAPEX was classified as EU Taxonomy-aligned, indicating that 18.2% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Compared to the previous year (2023), Siemens AG's taxonomy-aligned CAPEX increased by 49.18%,highlighting Siemens AG's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
In 2024, Siemens AG reported that EUR 2.82 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 72.2% of the company's total CAPEX. Of this amount, EUR 710.00 million (18.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 54% of Siemens AG's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
In 2024, Siemens AG reported that EUR 710.00 million of its CAPEX was aligned under the EU Taxonomy, representing 18.2% of its total capital investment.a
This moderate level of alignment indicates that Siemens AG is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Siemens AG reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
In 2024, Siemens AG allocated EUR 562.32 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 14.4% of the company's total capital expenditure,indicating that Siemens AGis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
In 2024, Siemens AG reported EU Taxonomy-eligible OPEX of EUR 5.54 billion,representing 74% of its total operating expenses (OPEX). Of this amount, EUR 2.42 billion of Siemens AG's OPEX was classified as EU Taxonomy-aligned, indicating that 32.3% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Compared to the previous year (2023), Siemens AG's taxonomy-aligned OPEX increased by 293.9%,highlighting Siemens AG's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.a, b
In 2024, Siemens AG reported that EUR 5.54 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 74% of the company's total OPEX. Of this amount, EUR 2.42 billion (32.3% of total OPEX) was classified as Taxonomy-aligned. This means that 41.7% of Siemens AG's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
In 2024, Siemens AG reported that EUR 2.42 billion of its OPEX was aligned under the EU Taxonomy, representing 32.3% of its total operational expenditure.a
This moderate level of alignment indicates that Siemens AG is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Siemens AG reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
In 2024, Siemens AG allocated EUR 554.63 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 7.4% of the company's total OPEX,indicating that Siemens AGhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a