In 2024, Siemens Ltd 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 Ltd has also provided a category-level breakdown for 1 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 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Unspecified Calculation Method | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Siemens Ltd amounted to 40,350 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 Ltd decreased by 0.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Siemens Ltd were 7,448 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Siemens Ltd's Scope 1 emissions have decreased by 21.86%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Siemens Ltd's Scope 1 emissions decreased by 10.75%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Siemens Ltd reported Scope 2 greenhouse gas (GHG) emissions of 2,371 tCO₂e using the market-based method and 32,902 tCO₂e using the location-based method.a
Compared to the previous year (2023), Siemens Ltd's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Siemens Ltd's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Siemens Ltd reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Siemens Ltd reported 74,834,000 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 Ltd includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Siemens Ltd reported total Scope 3 emissions of 74,834,000 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 0% of these emissions originated from upstream activities such as purchased goods and capital goods, while 100% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Siemens Ltd's Scope 3 emissionshave remained relatively stable, indicating that Siemens Ltd's emissions have plateaued with no significant change in its value chain footprint.ac
Compared to the previous year (2023), Siemens Ltd's Scope 3 emissions remained relatively stable, indicating that Siemens Ltd's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, Siemens Ltd reported emissions for 1 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.
In 2024, the largest contributors to Siemens Ltd's Scope 3 emissions were:a
In 2024, Siemens Ltd reported Scope 1 greenhouse gas (GHG) emissions of 7,448 tCO₂e and total revenues of USD 2,626 millions. This translates into an emissions intensity of 2.84 tCO₂e per millions USD.a
In 2024, Siemens Ltd reported a Scope 1 emissions intensity of 2.84 tCO₂e per millions USD. Compared to the peer group median of 8.75, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Siemens Ltd ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Siemens Ltd among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Siemens Ltd reported a total carbon footprint of 74,874,350 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.17% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Siemens Ltd's total carbon footprint was Scope 3 emissions, accounting for 99.95% of the company's total carbon footprint, followed by Scope 2 emissions at 0.04%.a