Siemens Energy AG

Common Name

Siemens Energy

Country

Germany

Sector

Industrials

Industry

Specialty Industrial Machinery

Employees

102,000

Ticker

ENR

Exchange

Deutsche Börse Frankfurt

Website

www.siemens-energy.com

Description

Siemens Energy AG is a leading provider of energy technology solutions worldwide. The company specializes in manufacturing equipment for generating, transmitting, and transforming energy, serving crit... Show more

GHG Emissions Climate Targets EU Taxonomy Energy Management Waste Management

Siemens Energy's EU Taxonomy Data Preview

In 2025, Siemens Energy 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 Energy has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Siemens Energy are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

turnoveropexcapex

Metric	2025	2024	2023
Total Taxonomy Aligned Turnover	41.1%^a	42.9%^b	37.5%^c
Total Taxonomy Eligible Turnover	73.6%^a	74.2%^b	73.4%^c
Activity Level Taxonomy Aligned Turnover (7 activities)
3.1 CCM/CCA - Manufacture of renewable energy technologies	20.5%^a	22.1%^b	22.8%^c
3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen	N/A	N/A	0.2%^c
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	3.6%^a	3.4%^b	N/A
4.10 CCM/CCA - Storage of electricity	N/A	N/A	0.1%^c
4.2 CCM/CCA - Electricity generation using concentrated solar power (CSP) technology	N/A	N/A	0.2%^c
4.3 CCM/CCA - Electricity generation from wind power	6.1%^a	7.1%^b	1.7%^c
4.9 CCM/CCA - Transmission and distribution of electricity	10.9%^a	10.2%^b	12.5%^c

Metric	2025	2024	2023
Total Taxonomy Aligned Opex	44.3%^a	41.9%^b	40.4%^c
Total Taxonomy Eligible Opex	83%^a	80.8%^b	83.1%^c
Activity Level Taxonomy Aligned Opex (8 activities)
3.1 CCM/CCA - Manufacture of renewable energy technologies	25.9%^a	24.5%^b	23.4%^c
3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen	1.7%^a	1.6%^b	3.7%^c
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	4.7%^a	4.3%^b	N/A
3.6 CCM/CCA - Manufacture of other low carbon technologies	N/A	N/A	1.2%^c
4.10 CCM/CCA - Storage of electricity	1.3%^a	1.3%^b	0.7%^c
4.29 CCM/CCA - Electricity generation from fossil gaseous fuels	3.5%^a	3%^b	N/A
4.3 CCM/CCA - Electricity generation from wind power	0.8%^a	2.3%^b	1.1%^c
4.9 CCM/CCA - Transmission and distribution of electricity	6.4%^a	5%^b	10.3%^c

Metric	2025	2024	2023
Total Taxonomy Aligned Capex	54.7%^a	64.7%^b	51%^c
Total Taxonomy Eligible Capex	78.8%^a	83.5%^b	72.2%^c
Activity Level Taxonomy Aligned Capex (8 activities)
3.1 CCM/CCA - Manufacture of renewable energy technologies	43.3%^a	43.3%^b	44.8%^c
3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen	N/A	0.9%^b	0.6%^c
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	2.2%^a	1.5%^b	N/A
4.3 CCM/CCA - Electricity generation from wind power	2.3%^a	14.3%^b	3.2%^c
4.9 CCM/CCA - Transmission and distribution of electricity	6.8%^a	4.7%^b	2%^c
7.2 CCM/CCA - Renovation of existing buildings	N/A	N/A	0.1%^c
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies	N/A	N/A	0.1%^c
7.7 CCM/CCA - Acquisition and ownership of buildings	N/A	N/A	0.1%^c

Usage Policy

You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"

Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.

Access Datasets, Disclosures, and Sources

pro

Remove manual data sourcing from your workflow. Subscribe to Tracenable Pro to get credits for accessing and exporting datasets and disclosures across 8,500+ companies with 10+ years of historical coverage.

Download granular datasets (CSV/XLS)

Access underlying corporate disclosures (PDF)

Trace all values back to their original sources

Start Your 30-Day Free Trial

Formats Included

Excel

CSV

Json

All data fully traceable to original sources

Used by 1,000+ teams in finance, climate, and research

Access this data via API

View API docs

$curl "https://tracenable.com/api/v1/eu-taxonomy?ticker=ENR&reporting_period=2025"

Verified Sources Behind Siemens Energy’s EU Taxonomy 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.

a. Siemens Energy's Annual Report 2025

b. Siemens Energy's Annual Report 2024

c. Siemens Energy's Annual Report 2023

d. Siemens Energy's Annual Report 2022

Insights into Siemens Energy's Revenues from Sustainable Activities

In 2025, Siemens Energy reported EU Taxonomy-eligible revenues of EUR 28.75 billion, representing 73.6% of its total turnover. Of this amount, EUR 16.04 billion of Siemens Energy's revenues was classified as EU Taxonomy-aligned, indicating that 41.1% 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

Siemens Energy's Taxonomy-Eligible Turnover Over Time

Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover

Have Siemens Energy's revenues become more sustainable over time?

Compared to the previous year (2024), Siemens Energy's taxonomy-aligned revenues decreased by 4.2%, suggesting that Siemens Energy may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.^{a, b}

How much of Siemens Energy's revenue is eligible under the EU Taxonomy?

In 2025, Siemens Energy reported that EUR 28.75 billion of its revenue was eligible under the EU Taxonomy, representing 73.6% of the company's total turnover. Of this amount, EUR 16.04 billion (41.1% of total revenue) was classified as Taxonomy-aligned. This means that 32.5% of Siemens Energy'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

How much of Siemens Energy's eligible revenue is aligned with the EU Taxonomy?

In 2025, Siemens Energy reported that EUR 16.04 billion of its revenue was aligned under the EU Taxonomy, representing 41.1% of its total turnover.^a

This moderate level of alignment indicates that Siemens Energy has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

Siemens Energy's Eligibility & Alignment Overview

Siemens Energy's Contribution to Environmental Objectives

Total Taxonomy Aligned Turnover

How is Siemens Energy's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2025, Siemens Energy reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 41.1%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Siemens Energy earn from selling climate-related solutions ?

In 2025, Siemens Energy reported that EUR 16.06 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 41.1% of the company's total revenue,indicating that Siemens Energyhas a moderate focuson solutions that support climate action through its commercial activities.^a

Insights into Siemens Energy's CAPEX from Sustainable Activities

In 2025, Siemens Energy reported EU Taxonomy-eligible CAPEX of EUR 2.03 billion,representing 78.8% of its total CAPEX. Of this amount, EUR 1.40 billion of Siemens Energy's CAPEX was classified as EU Taxonomy-aligned, indicating that 54.7% 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

Siemens Energy's Taxonomy-Eligible Capex Over Time

Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex

Have Siemens Energy's increased its investment in sustainable activities over time?

Compared to the previous year (2024), Siemens Energy's taxonomy-aligned CAPEX decreased by 15.46%,suggesting that Siemens Energy may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.^{a, b}

How much of Siemens Energy's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2025, Siemens Energy reported that EUR 2.03 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 78.8% of the company's total CAPEX. Of this amount, EUR 1.40 billion (54.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 24.1% of Siemens Energy'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

How much of Siemens Energy's eligible CAPEX is aligned with the EU Taxonomy?

In 2025, Siemens Energy reported that EUR 1.40 billion of its CAPEX was aligned under the EU Taxonomy, representing 54.7% of its total capital investment.^a

This strong alignment suggests that Siemens Energy is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Siemens Energy's Eligibility & Alignment Overview

Siemens Energy's Contribution to Environmental Objectives

Total Taxonomy Aligned Capex

How is Siemens Energy's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2025, Siemens Energy reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 54.7%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%

How much Siemens Energy is investing in climate-related solutions?

In 2025, Siemens Energy allocated EUR 1.40 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 54.7% of the company's total capital expenditure,indicating that Siemens Energyis prioritizing climate-focused investments as a central part of its overall capital strategy.^a

Insights into Siemens Energy's OPEX from Sustainable Activities

In 2025, Siemens Energy reported EU Taxonomy-eligible OPEX of EUR 1.23 billion,representing 83% of its total operating expenses (OPEX). Of this amount, EUR 657.00 million of Siemens Energy's OPEX was classified as EU Taxonomy-aligned, indicating that 44.3% 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

Siemens Energy's Taxonomy-Eligible Opex Over Time

Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex

Have Siemens Energy's increased its spending in sustainable activities over time?

Compared to the previous year (2024), Siemens Energy's taxonomy-aligned OPEX increased by 5.73%,highlighting Siemens Energy's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.^{a, b}

How much of Siemens Energy's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2025, Siemens Energy reported that EUR 1.23 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 83% of the company's total OPEX. Of this amount, EUR 657.00 million (44.3% of total OPEX) was classified as Taxonomy-aligned. This means that 38.7% of Siemens Energy'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

How much of Siemens Energy's eligible OPEX is aligned with the EU Taxonomy?

In 2025, Siemens Energy reported that EUR 657.00 million of its OPEX was aligned under the EU Taxonomy, representing 44.3% of its total operational expenditure.^a

This moderate level of alignment indicates that Siemens Energy is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Siemens Energy's Eligibility & Alignment Overview

Siemens Energy's Contribution to Environmental Objectives

Total Taxonomy Aligned Opex

How is Siemens Energy's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2025, Siemens Energy reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 44.3%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%

How much of Siemens Energy's operational budget supports climate-related solutions?

In 2025, Siemens Energy allocated EUR 657.41 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 44.3% of the company's total OPEX,indicating that Siemens Energyis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.^a

Want Full Access to Siemens Energy's EU Taxonomy Dataset?

Start 30-Day Free Trial

Explore Peer Companies

Siemens Energy AG

Siemens Energy's EU Taxonomy Data Preview

Verified Sources Behind Siemens Energy’s EU Taxonomy Data

Insights into Siemens Energy's Revenues from Sustainable Activities

Siemens Energy's Taxonomy-Eligible Turnover Over Time

Have Siemens Energy's revenues become more sustainable over time?

How much of Siemens Energy's revenue is eligible under the EU Taxonomy?

How much of Siemens Energy's eligible revenue is aligned with the EU Taxonomy?

Siemens Energy's Eligibility & Alignment Overview

Siemens Energy's Contribution to Environmental Objectives

How is Siemens Energy's taxonomy-aligned revenue distributed across the EU environmental objectives?

How much revenue does Siemens Energy earn from selling climate-related solutions ?

Insights into Siemens Energy's CAPEX from Sustainable Activities

Siemens Energy's Taxonomy-Eligible Capex Over Time

Have Siemens Energy's increased its investment in sustainable activities over time?

How much of Siemens Energy's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

How much of Siemens Energy's eligible CAPEX is aligned with the EU Taxonomy?

Siemens Energy's Eligibility & Alignment Overview

Siemens Energy's Contribution to Environmental Objectives

How is Siemens Energy's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

How much Siemens Energy is investing in climate-related solutions?

Insights into Siemens Energy's OPEX from Sustainable Activities

Siemens Energy's Taxonomy-Eligible Opex Over Time

Have Siemens Energy's increased its spending in sustainable activities over time?

How much of Siemens Energy's operational expenditure (OPEX) is eligible under the EU Taxonomy?

How much of Siemens Energy's eligible OPEX is aligned with the EU Taxonomy?

Siemens Energy's Eligibility & Alignment Overview

Siemens Energy's Contribution to Environmental Objectives

How is Siemens Energy's taxonomy-aligned OPEX distributed across the EU environmental objectives?

How much of Siemens Energy's operational budget supports climate-related solutions?

Explore Peer Companies

Siemens AG

GEA Group AG

Nordex SE

Rational AG

Krones AG

KUKA SE & Co KgaA

Account Restricted