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Siemens Energy AG
Siemens Energy's EU Taxonomy Data Preview
In 2024, 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.
| 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | Data available for purchase 0000000 |
3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen 3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.10 CCM/CCA - Storage of electricity 4.10 CCM/CCA - Storage 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.  b | Data available for purchase 0000000 |
4.2 CCM/CCA - Electricity generation using concentrated solar power (CSP) technology 4.2 CCM/CCA - Electricity generation using concentrated solar power (CSP) technology | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. b | Data available for purchase 0000000 |
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | Data available for purchase 0000000 |
3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen 3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | 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.  b | Data available for purchase 0000000 |
4.10 CCM/CCA - Storage of electricity 4.10 CCM/CCA - Storage of electricity | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Data available for purchase 0000000 |
4.29 CCM/CCA - Electricity generation from fossil gaseous fuels 4.29 CCM/CCA - Electricity generation from fossil gaseous fuels | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | Data available for purchase 0000000 |
3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen 3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 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.  a | Copy restricted. Please purchase to unlock this data.  b | Data available for purchase 0000000 |
7.2 CCM/CCA - Renovation of existing buildings 7.2 CCM/CCA - Renovation of existing 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. b | 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. b | 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. b | Data available for purchase 0000000 |
Verified Sources Behind Siemens Energy’s EU Taxonomy Data
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Insights into Siemens Energy's Revenues from Sustainable Activities
In 2024, Siemens Energy reported EU Taxonomy-eligible revenues of EUR 25.57 billion, representing 74.2% of its total turnover. Of this amount, EUR 14.77 billion of Siemens Energy's revenues was classified as EU Taxonomy-aligned, indicating that 42.9% 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 Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Siemens Energy's revenues become more sustainable over time?
Compared to the previous year (2023), Siemens Energy's taxonomy-aligned revenues increased by 14.4%,highlighting Siemens Energy'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
How much of Siemens Energy's revenue is eligible under the EU Taxonomy?
In 2024, Siemens Energy reported that EUR 25.57 billion of its revenue was eligible under the EU Taxonomy, representing 74.2% of the company's total turnover. Of this amount, EUR 14.77 billion (42.9% of total revenue) was classified as Taxonomy-aligned. This means that 31.3% 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 2024, Siemens Energy reported that EUR 14.77 billion of its revenue was aligned under the EU Taxonomy, representing 42.9% 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 A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Siemens Energy's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Siemens Energy reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
- Climate Change Mitigation: 42.9%
- 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 2024, Siemens Energy reported that EUR 14.79 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 42.9% 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 2024, Siemens Energy reported EU Taxonomy-eligible CAPEX of EUR 1.75 billion,representing 83.5% of its total CAPEX. Of this amount, EUR 1.36 billion of Siemens Energy's CAPEX was classified as EU Taxonomy-aligned, indicating that 64.7% 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 Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Siemens Energy's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Siemens Energy's taxonomy-aligned CAPEX increased by 26.86%,highlighting Siemens Energy's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Siemens Energy's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Siemens Energy reported that EUR 1.75 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 83.5% of the company's total CAPEX. Of this amount, EUR 1.36 billion (64.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 18.8% 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 2024, Siemens Energy reported that EUR 1.36 billion of its CAPEX was aligned under the EU Taxonomy, representing 64.7% 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 A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Siemens Energy's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Siemens Energy reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
- Climate Change Mitigation: 64.7%
- 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 2024, Siemens Energy allocated EUR 1.36 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 64.7% 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 2024, Siemens Energy reported EU Taxonomy-eligible OPEX of EUR 1.19 billion,representing 80.8% of its total operating expenses (OPEX). Of this amount, EUR 619.00 million of Siemens Energy's OPEX was classified as EU Taxonomy-aligned, indicating that 41.9% 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 Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Siemens Energy's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Siemens Energy's taxonomy-aligned OPEX increased by 3.71%,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 2024, Siemens Energy reported that EUR 1.19 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 80.8% of the company's total OPEX. Of this amount, EUR 619.00 million (41.9% of total OPEX) was classified as Taxonomy-aligned. This means that 38.8% 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 2024, Siemens Energy reported that EUR 619.00 million of its OPEX was aligned under the EU Taxonomy, representing 41.9% 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 A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Siemens Energy's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Siemens Energy reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
- Climate Change Mitigation: 41.9%
- 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 2024, Siemens Energy allocated EUR 618.03 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 41.9% 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