Siemens Energy AG
Siemens Energy's GHG Emissions Data Preview
In 2024, Siemens Energy 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 Energy has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  c | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified Sources Behind Siemens Energy’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 Energy’s data sources below and access millions more through our Disclosure Search.
Insights into Siemens Energy's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Siemens Energy amounted to 197,000 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 Energy increased by 9.44%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Siemens Energy's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Siemens Energy's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Siemens Energy were 175,000 metric tons of CO₂ equivalent (tCO₂e). a
Has Siemens Energy reduced its Scope 1 emissions over time?
Since 2019, Siemens Energy's Scope 1 emissions have decreased by 34.21%, reflecting a declining long-term trend in Scope 1 emissions over time. a d
Compared to the previous year (2023), Siemens Energy's Scope 1 emissions increased by 9.38%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Siemens Energy's Scope 2 emissions?
In 2024, Siemens Energy reported Scope 2 greenhouse gas (GHG) emissions of 22,000 tCO₂e using the market-based method. a
Has Siemens Energy reduced its Scope 2 emissions over time?
Compared to the previous year (2023), Siemens Energy's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Siemens Energy 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Siemens Energy use for Scope 2 reporting?
In 2024, Siemens Energy reported its Scope 2 emissions using the market-based method. a
Siemens Energy's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Siemens Energy's Value Chain Emissions
In 2024, Siemens Energy reported 1,342,880,000 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 Energy includes a breakdown across 3 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 Energy's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Siemens Energy's Scope 3 emissions?
In 2024, Siemens Energy reported total Scope 3 emissions of 1,342,880,000 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.69% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.31% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Siemens Energy reduced its Scope 3 emissions over time?
Since 2019, Siemens Energy's Scope 3 emissions have decreased by 10.47%, reflecting a declining long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), Siemens Energy's Scope 3 emissions increased by 21.24%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Siemens Energy disclose?
In 2024, Siemens Energy reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Siemens Energy's Scope 3 emissions?
In 2024, the largest contributors to Siemens Energy's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 1,333,642,000 tCO₂e (99.31%)
- Purchased Goods and Services (Cat. 1): 8,395,000 tCO₂e (0.63%)
- Upstream Transportation and Distribution (Cat. 4): 843,000 tCO₂e (0.06%)
Siemens Energy's Scope 3 Emissions by Categories
Insights into Siemens Energy’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Siemens Energy reported Scope 1 greenhouse gas (GHG) emissions of 175,000 tCO₂e and total revenues of USD 38,497 millions. This translates into an emissions intensity of 4.55 tCO₂e per millions USD. a
Siemens Energy's Scope 1 Emissions Intensity Compared to Peers
How does Siemens Energy's GHG emissions intensity compare to its peers?
In 2024, Siemens Energy reported a Scope 1 emissions intensity of 4.55 tCO₂e per millions USD. Compared to the peer group median of 5.93 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Siemens Energy rank on GHG emissions intensity within its industry?
In 2024, Siemens Energy ranked 8 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Siemens Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Siemens Energy's Total Carbon Footprint
In 2024, Siemens Energy reported a total carbon footprint of 1,343,077,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.24% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Siemens Energy's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 1 emissions at 0.01%. a