Siemens Energy AG
Siemens Energy's Climate Target Data Preview
As of 2023, Siemens Energy has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Siemens Energy ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target* | Scope 1 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target* | Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  b, a | 2030 |
Intensity-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9) | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Purchasing Volume (PVO) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
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Verified Sources Behind Siemens Energy’s Climate Targets Data
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Insights into Siemens Energy's Greenhouse Gas Emissions Pathways
As of 2023, Siemens Energy has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b
Does Siemens Energy have a target to reduce the emissions from its operations?
As of 2023, Siemens Energy has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Siemens Energy's most ambitious operational target is to reduce these emissions by 60% by 2030, compared to a baseline of 74,418.605 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a
As of 2023, Siemens Energy is ahead of schedule on its operational emissions reduction target, having achieved 95% of the planned reduction. a
Siemens Energy's Operational (Scope 1+2) Emissions Pathway
Does Siemens Energy have a target to reduce the emissions from its value chain?
As of 2023, Siemens Energy has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a b
Siemens Energy's most ambitious value chain target is to reduce these emissions by 30% by 2030, compared to a baseline of 0.001 Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Purchasing Volume (PVO) in 2018. a b
As of 2023, Siemens Energy is ahead of schedule on its value chain emissions reduction target, having achieved 62% of the planned reduction. a b