Our purchasing activities have impacts on our suppliers, local communities and the environment in our procurement markets. Consequently, we actively monitor and engage with our suppliers to drive and support their efforts to enhance sustainability practices. Our collaboration with suppliers is based on the Siemens Code of Conduct, which reflects our Siemens core values and ensures adherence with national and international legislation. While all Siemens suppliers have to contractually commit to the principles of the Siemens Code of Conduct, inherent risks remain. With thousands of suppliers across the world, Siemens' purchased goods and services are valued at approximately half of our total revenue. Given the varying conditions in diverse countries, ensuring strict compliance with our globally applicable sustainability requirements poses a significant challenge in our daily procurement practices.







