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What matters to society?

Generating lasting value for the societies in which we operate is one of the key drivers for Siemens’ business activities. This commitment to ethical behavior is deeply rooted in our company’s history, which stretches back more than 165 years. Our company generates this value through its portfolio, its local operations, its role as a thought leader and its numerous activities in corporate citizenship. Our ingenuity helps us to create lasting value for all relevant stakeholder groups.

Business to Society

What is our contribution to a sustainable development?

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Our contribution to a sustainable development

At Siemens we believe companies only really succeed if they fulfill the needs of the society they work in. That means business has a responsibility for economic and social development, and that businesses must add lasting value to the countries and communities they work in.
This requires us to measure corporate success by much more than profit.


With the “Siemens - Business to Society” (B2S) approach we measure our contribution to sustainable development and highlight how we make real what matters. We use our customized B2S methodology to objectively assess and determine the impact of a specific project, site, business, or of our activities in an entire country.

 

Companies like Siemens must demonstrate how their business interests are aligned with the national development agenda, and play an active role in economic and societal development. They must account for their social and environmental impact, and show how citizens benefit from business operations. Being a responsible company means working in partnership with society and being part of its long-term development.

 

The Siemens B2S methodology has been developed to measure and demonstrate our contribution to the sustainable development of a country to our various stakeholders, customers, government, suppliers, employees and potential recruits, as well as the wider public.

 

Our reference for determining the value we create for society is the United Nations’ 2030 Agenda for Sustainable Development. It sets out 17 Sustainable Development Goals (SDGs) to end poverty, to protect the planet and ensure prosperity for all.

So, what is our impact on the things that matter to society globally?

Full awareness of our responsibility towards the society and the future generations… That is what "Business to Society" means to me!

Joe Kaeser, CEO, Siemens AG

Siemens Global Value Map

What is our impact?

The Siemens Value Map shows our contributions in the following topics: strengthening the economy, developing local jobs and skills, driving innovations, environment and sustainability, increasing quality of life, and supporting societal transformation.

Siemens Global Value Map

Strengthening the economy

Siemens Global Value Map

Developing local Jobs and Skills

Siemens Global Value Map

Driving Innovations

Siemens Global Value Map

Sustaining the Environment

Siemens Global Value Map

Improving Quality of Life

Siemens Global Value Map

Shaping Societal Transformation

* all figures relate to FY16 unless stated differently **FY15
FY: Fiscal Year GDP: Gross Domestic Product PLM: Product Lifecycle Management IoT: Internet of Things STEM: Science, Technology, Engineering, Mathematics

Business to Society around the globe

What is important for our society?

Have a look at our globe and find out more about what matters to the different countries and where we as Siemens make real what matters.

Business to Society around the globe

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Business to Society in Germany

50% of German electricity is generated using Siemens technology.

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Business to Society in Turkey

Number of employees at Siemens Turkey R&D centers multiplied by 5 in 5 years and the budget reached to TL 60 million.

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Business to Society in the UK

400,000 students reached by education projects, with £12m per year generated in economic value to participants.

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Business to Society in Russia

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Business to Society in United States

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Business to Society in South Africa

Enabled ~50% of South Africa's mining value (R140bn)

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Business to Society in Argentina

~1.2 billion pesos to the local economy in the form of taxes, wages and social security contributions in 2015.

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<   all countries

Business to Society in Singapore

Singapore enjoys the world’s most reliable power grid thanks to Siemens Energy Management Systems

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Business to Society in Morocco

More than 12,000 jobs in Morocco are linked to Siemens global business operations (2015)

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The Business to Society methodology

Measurable factors that contribute to economic success and social stability

Companies often try to see the world through the prism of their own business activities. The B2S methodology enables us to take a different approach. We start off by identifying and then measuring Siemens’ contribution to the things that really matter to a country, like economic growth, job creation and skills, infrastructure and industry, the environment, quality of life and socio-economic development; and we examine the priorities of our key stakeholders. This is based on stakeholder input, published goals and the national development plans of countries when available.
Global consulting firms and agencies are used when required to provide external expertise and independent support to assess Siemens’ impact.
When assessing our impact in specific industries we measure only where Siemens technology plays a fundamental role in a sector or is a critical part of a business or industrial process.
Companies often try to gloss over the negative. At Siemens, we are committed to understanding it and dealing with it, the B2S analysis enables us to identify areas where we need to improve and provides insights to understand how we can perform better.

Find all Business to Society reports here

Get in contact with us for more information