Siemens Energy AG

Common Name
Siemens Energy
Country
Germany
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
100,000
Ticker
ENR
Exchange
XETRA
Description
Siemens Energy AG is a prominent player in the energy sector, specializing in the development and delivery of sustainable energy solutions worldwide. This German-based company focuses on the generatio...

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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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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)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

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.

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.

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.

As of 2023, Siemens Energy is ahead of schedule on its operational emissions reduction target, having achieved 95% of the planned reduction.

Siemens Energy's Operational (Scope 1+2) Emissions Pathway

201920232030020 k40 k60 k80 kBaselineCurrent (-57%)

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.

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.

As of 2023, Siemens Energy is ahead of schedule on its value chain emissions reduction target, having achieved 62% of the planned reduction.

Siemens Energy's Value Chain (Scope 3) Emissions Pathway

20182023203000000BaselineCurrent (-19%)Target 2030 (-30%)
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