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 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 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).

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.

Siemens Energy's Scope 1 Emissions Over Time

201920202021202220232024070 k140 k210 k280 ktCO2e-17%-7%-9%-15%+9%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Siemens Energy's Scope 2 emissions?

In 2024, Siemens Energy reported Scope 2 greenhouse gas (GHG) emissions of 22,000 tCOâ‚‚e using the market-based method.

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.

What methodology does Siemens Energy use for Scope 2 reporting?

In 2024, Siemens Energy reported its Scope 2 emissions using the market-based method.

Siemens Energy's Scope 2 Emissions Over Time

201920202021202220232024090 k180 k270 k360 ktCO2e
  • 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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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.

Siemens Energy's Scope 3 Emissions Over Time

2019202020212022202320240400 M800 M1.2 B1.6 BtCO2e-38%+47%-8%-12%+21%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

  • Use of Sold Products (Cat. 11): 1,333,642,000 tCOâ‚‚e (99.31%)
  • Purchased Goods and Services (Cat. 1): 8,395,000 tCOâ‚‚e (0.63%)
  • Upstream Transportation and Distribution (Cat. 4): 843,000 tCOâ‚‚e (0.06%)

Siemens Energy's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(99.3%)

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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