Siemens

Industrial Conglomerates
SIEGY
$ 97 1.5
Share price
$ 154 bn
Market Cap
$ 120 bn
Enterprise Value

Carbon footprint

5 Ton
GHG emissions per $ 1 mln investment
0.15x the weighted average for S&P 500
FY2021
How is this calculated?
-12%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

Siemens's GHG emissions (market-based) (Kt of CO2e)
Siemens's Carbon intensity (Tons per 1 USDm)

Siemens's carbon footprint

Siemens reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 30 September 2021 at 595 Kt (-83 /-12.2% y-o-y). Also positively, carbon intensity declined to 8.1 t (-3.2 /-28.3% y-o-y).

Siemens's Scope 3 emissions surged to 469,271 Kt (+459,069/+4500% y-o-y). The performance has been erratic recently.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Siemens also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Siemens AG commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. Siemens AG also commits to reduce absolute scope 3 GHG emissions 15% by 2030 from a 2019 base year.

Company environmental metrics

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