Siemens AG

Country
Germany
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
315,000
Ticker
SIE
Exchange
XETRA
Description
Siemens AG is a global powerhouse in the realm of electronics and electrical engineering, operating worldwide across various business divisions. The company is prominently involved in industries such ...

Siemens AG's GHG Emissions Data Preview

In 2024, Siemens AG completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Siemens AG has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Siemens AG’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Siemens AG’s data sources below and access millions more through our Disclosure Search.

a. Siemens AG's Sustainability Report 2024
a. Siemens AG's Sustainability Report 2024
b. Siemens AG's Sustainability Report 2023
b. Siemens AG's Sustainability Report 2023
c. Siemens AG's Sustainability Report 2019
c. Siemens AG's Sustainability Report 2019
d. Siemens AG's Sustainability Report 2018
d. Siemens AG's Sustainability Report 2018

Insights into Siemens AG's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Siemens AG amounted to 441,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Siemens AG decreased by 56.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b

Siemens AG's Scope 1 Emissions Over Time

20182019202020212022202320240250 k500 k750 k1 MtCO2e-31%-25%-9%+2%-2%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Siemens AG's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Siemens AG were 347,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Siemens AG reduced its Scope 1 emissions over time?

Since 2018, Siemens AG's Scope 1 emissions have decreased by 57.73%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), Siemens AG's Scope 1 emissions decreased by 10.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Siemens AG's Scope 2 emissions?

In 2024, Siemens AG reported Scope 2 greenhouse gas (GHG) emissions of 94,000 tCO₂e using the market-based method. a

Has Siemens AG reduced its Scope 2 emissions over time?

Since 2018, Siemens AG's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 85.24%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

What methodology does Siemens AG use for Scope 2 reporting?

In 2024, Siemens AG reported its Scope 2 emissions using the market-based method. a

Siemens AG's Scope 2 Emissions Over Time

20182019202020212022202320240250 k500 k750 k1 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Siemens AG's Value Chain Emissions

In 2024, Siemens AG reported 416,871,000 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Siemens AG includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Siemens AG's Scope 3 Emissions Over Time

20182019202020212022202320240150 M300 M450 M600 MtCO2e-26%+4312%-5%-5%+7%-15%
  • Total Scope 3
  • Year-over-Year Change

What are Siemens AG's Scope 3 emissions?

In 2024, Siemens AG reported total Scope 3 emissions of 416,871,000 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 2.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.47% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Siemens AG reduced its Scope 3 emissions over time?

Since 2018, Siemens AG's Scope 3 emissions have increased by 2,591.92%, reflecting a rising long-term trend in Scope 3 emissions over time. a d

Compared to the previous year (2023), Siemens AG's Scope 3 emissions decreased by 14.73%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Siemens AG disclose?

In 2024, Siemens AG reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Siemens AG's Scope 3 emissions?

In 2024, the largest contributors to Siemens AG's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 397,520,000 tCO₂e (95.36%)
  • Purchased Goods and Services (Cat. 1): 8,931,000 tCO₂e (2.14%)
  • Investments (Cat. 15): 8,815,000 tCO₂e (2.11%)

Siemens AG's Scope 3 Emissions by Categories

Investments(Cat. 15)(2.1%)Purchased Goods andServices (Cat. 1)(2.1%)Use of Sold Products(Cat. 11)(95.4%)

Insights into Siemens AG’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Siemens AG reported Scope 1 greenhouse gas (GHG) emissions of 347,000 tCO₂e and total revenues of USD 84,812 millions. This translates into an emissions intensity of 4.09 tCO₂e per millions USD. a

Siemens AG's Scope 1 Emissions Intensity Compared to Peers

502,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)2JungheinrichYear: 2024Scope 1: 49,600 tCO2eRevenue: $M 5,611Scope 1 Intensity: 8.84 tCO2e/$MHochtiefYear: 2024Scope 1: 215,100 tCO2eRevenue: $M 34,654Scope 1 Intensity: 6.21 tCO2e/$MKronesYear: 2024Scope 1: 20,887 tCO2eRevenue: $M 5,509Scope 1 Intensity: 3.79 tCO2e/$MPVA TePlaYear: 2024Scope 1: 431 tCO2eRevenue: $M 281Scope 1 Intensity: 1.53 tCO2e/$MSiemens EnergyYear: 2024Scope 1: 175,000 tCO2eRevenue: $M 38,497Scope 1 Intensity: 4.55 tCO2e/$MDEUTZYear: 2023Scope 1: 12,680 tCO2eRevenue: $M 2,284Scope 1 Intensity: 5.55 tCO2e/$MDuerrYear: 2024Scope 1: 46,279 tCO2eRevenue: $M 4,465Scope 1 Intensity: 10.36 tCO2e/$MWashtecYear: 2024Scope 1: 7,752 tCO2eRevenue: $M 496Scope 1 Intensity: 15.62 tCO2e/$MthyssenkruppYear: 2024Scope 1: 22,190,000 tCO2eRevenue: $M 39,140Scope 1 Intensity: 566.94 tCO2e/$M222G EnergyYear: 2024Scope 1: 3,249 tCO2eRevenue: $M 391Scope 1 Intensity: 8.31 tCO2e/$MRationalYear: 2021Scope 1: 2,292 tCO2eRevenue: $M 883Scope 1 Intensity: 2.60 tCO2e/$MDeutsche LufthansaYear: 2024Scope 1: 29,159,239 tCO2eRevenue: $M 39,107Scope 1 Intensity: 745.62 tCO2e/$MGEA GroupYear: 2024Scope 1: 32,278 tCO2eRevenue: $M 5,642Scope 1 Intensity: 5.72 tCO2e/$MDaimler Truck HoldingYear: 2024Scope 1: 389,000 tCO2eRevenue: $M 56,273Scope 1 Intensity: 6.91 tCO2e/$MPfeiffer Vacuum TechnologyYear: 2024Scope 1: 2,951 tCO2eRevenue: $M 920Scope 1 Intensity: 3.21 tCO2e/$MLPKF Laser & ElectronicsYear: 2023Scope 1: 168 tCO2eRevenue: $M 138Scope 1 Intensity: 1.22 tCO2e/$MWacker NeusonYear: 2024Scope 1: 14,269 tCO2eRevenue: $M 2,326Scope 1 Intensity: 6.14 tCO2e/$MTakktYear: 2023Scope 1: 3,460 tCO2eRevenue: $M 1,372Scope 1 Intensity: 2.52 tCO2e/$MKoenig & BauerYear: 2024Scope 1: 6,712 tCO2eRevenue: $M 1,326Scope 1 Intensity: 5.06 tCO2e/$MNordexYear: 2024Scope 1: 53,007 tCO2eRevenue: $M 7,595Scope 1 Intensity: 6.98 tCO2e/$MTratonYear: 2024Scope 1: 248,370 tCO2eRevenue: $M 49,400Scope 1 Intensity: 5.03 tCO2e/$MSiemens AGYear: 2024Scope 1: 347,000 tCO2eRevenue: $M 84,812Scope 1 Intensity: 4.09 tCO2e/$M

How does Siemens AG's GHG emissions intensity compare to its peers?

In 2024, Siemens AG reported a Scope 1 emissions intensity of 4.09 tCO₂e per millions USD. Compared to the peer group median of 5.72 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Siemens AG rank on GHG emissions intensity within its industry?

In 2024, Siemens AG ranked 7 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Siemens AG is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Siemens AG's Total Carbon Footprint

In 2024, Siemens AG reported a total carbon footprint of 417,312,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.81% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b

The largest contributor to Siemens AG's total carbon footprint was Scope 3 emissions, accounting for 99.89% of the company's total carbon footprint, followed by Scope 1 emissions at 0.08%. a

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