The energy-efficient offerings and renewable energy technologies comprising the Siemens Environmental Portfolio are helping customers maximize cost efficiency in the areas of power generation, distribution and consumption. They’re also making a major contribution to climate protection. The products and solutions we installed in 2008 alone are cutting our customers’ annual CO₂ emissions by some 34 million tons. The reductions attributable to all of our Portfolio installations since 2002 amount to about 148 million tons annually – roughly the total CO₂ output of New York, Tokyo and Berlin. In the years to come, we aim to substantially expand the role of our Environmental Portfolio in mitigating climate change. The target: by 2011, we intend for our customers to have slashed their annual CO₂ emissions by 275 million tons – an amount equal to the combined annual CO₂ output of six large cities.

We’ve developed and applied the concepts, criteria and processes on which our Environmental Portfolio and environmental targets are based in accordance with the highest technical and professional standards. In fiscal 2007, for the first time, the independent auditors PricewaterhouseCoopers (PwC) reviewed and confirmed our annual figures for the revenue and CO₂ abatement generated by our Portfolio as well as the methodology we used in making our calculations. The auditors based their review on criteria established by the Greenhouse Gas Protocol Initiative of the World Business Council for Sustainable Development and World Resource Institute. For fiscal 2008, we will again commission an independent review of the figures and methodology relating to our Environmental Portfolio.

Detailed information on the goals of the Siemens Environmental Portfolio, the products and solutions comprising it and the methods used to calculate its environmental impact is provided in the brochure Energy efficiency and environmental care – Innovation for climate protection (PDF available in Media box). The brochure also contains the complete PwC assurance report for fiscal 2007.