DEGREE – how we measure our impact

Reduce Scope 1 & 2 emissions by 90% and compensate residual emissions

1. Recognizing the urgent need for climate protection, our business aligns with the 1.5°C decarbonization pathway.
2. We aim to reduce the emissions from our own operations while applying our own technology and products.
3. Thereby showing that decarbonization, competitiveness and resilience go hand-in-hand.

Reduce Scope 3 emissions by 30% by 2030 and achieve net-zero by 2050

1. As a leading technology company, we take responsibility for CO₂ emissions along our entire value chain.
2. By driving impactful and economically viable decarbonization across our value chain, we create synergies in sustainability, productivity and resilience within our design, procurement and financing activities.
3. To achieve this, we continuously enhance our own offering for energy efficiency and low-carbon solutions, collaborating with suppliers and customers to jointly reduce emissions through technology and innovation.

Achieve >1,000 Mt cumulatively in Customer Avoided Emissions

1. We achieve the greatest decarbonization impact through our portfolio.
2. Embedded in industries with the highest potential to limit climate change, we are uniquely positioned to drive decarbonization, empowering our customers to become more competitive, resilient and sustainable.
3. By enabling electrification, renewables integration and energy efficiency across industry, infrastructure, buildings and transportation, we help our customers to decarbonize their own operations, infrastructure and supply chains.

Achieve Robust Eco Design for 100% of relevant hardware, software and service portfolio

1. The world is consuming more resources than are regenerated, making it increasingly urgent to decouple growth from resource consumption.
2. With our Robust Eco Design approach, we achieve greater customer value, while consuming less energy and fewer resources, and minimizing environmental impacts.
3. By providing transparency on and minimizing our impact, we give our customers and partners the information they need and the assurance that they are receiving future-ready products.

Support circularity by pursuing zero waste to landfill

1. Landfill waste is the result of inefficient resource management. It causes emissions, contamination, biodiversity loss and health concerns.
2. We continuously reduce our waste to landfill by rethinking the design of our product portfolio and manufacturing processes.
3. There is a limit as to how far we can take it on our own. With many countries lacking robust and competitive alternatives to landfills, we work with and empower our ecosystem to valorize waste globally.

Drive biodiversity protection by implementing a conservation program at 100% of our relevant sites

1. The increasing scarcity of natural resources and the degradation of biodiversity are harming nature, people and the economy.
2. Our impact on nature varies by location. That is why we seek to decrease our biodiversity footprint by strategically focusing on factories and offices with the greatest environmental influence.
3. As a trusted partner to local communities, we conduct impact assessments based on scientific methods and implement ambitious measures that help conserve a diverse and thriving nature.

Pursue pay equity by reducing the global adjusted pay gap

1. Fair and transparent pay practices that foster people engagement, support talent attraction and drive company performance through more motivated people.
2. Our FAIR (Fair All In Rewards) Philosophy helps us to overcome pay equity barriers, ensuring non-discrimination in pay and enhancing transparency towards our pay practices.
3. By continuously ensuring “equal pay for equal work” we contribute to an equitable global workplace and strengthen our position as an employer of choice.

*Consistent with applicable law

Sustain an inclusion level above 80%

1. Embracing diverse perspectives is key to our transformation, fostering an inclusive workplace that drives innovation, resilience and business success.
2. We see these high levels of inclusion, where our people feel they can be themselves, and experience a strong sense of belonging.
3. Sustaining a high inclusion level ensures that every voice is heard and that each individual can contribute to addressing the challenges of an increasingly complex world.

Maintain a Work Well-being Score above 80

1. Work well-being is a key factor for business success today and it will be even more important in the future.
2. We believe that work well-being enhances the quality of life, employability and business success. That’s why we provide our people the conditions to thrive and contribute.
3. By maintaining work well-being at a high level, we support resilient ecosystems and empower our people to exceed customer expectations.

Increase our average total annual learning hours to 40 per person

1. In a rapidly changing world, developing the right skills is essential for our company to stay relevant, maintain its competitive edge and fulfill its purpose of creating technology to transform the everyday for everyone.
2. Our commitment to lifelong learning is more than words — we're setting aside more time for dedicated learning and creating the culture to support it.
3. Continuous upskilling and reskilling are essential for our people to stay employable for life.

Reach 3 million people in our business ecosystem and society with our learning offerings focused on digitalization and sustainability

1. Lifelong learning is essential for societies to transform and meet some of the biggest challenges of our time.
2. We enable people to learn more about pivotal topics: digitalization and sustainability, along with other critical skills needed to thrive professionally and personally.
3. We strive to share our knowledge with our ecosystems of partners, suppliers, customers and societies.

Fight corruption globally through the Siemens Integrity Initiative by training 50K people and implementing 30 Collective Action initiatives

1. Corruption erodes the fabric of society, negatively impacts the planet and restricts competitiveness and growth.
2. Since 2009, we have been striving to create a level playing field for businesses globally with the Siemens Integrity Initiative by supporting the fight against fraud and corruption in our relevant markets.
3. Our initiative strengthens policy and legal frameworks and supports governments and institutions by building trust and enabling ethical mindsets for current and future leaders.

Accelerate cybersecurity resilience by covering 100% of our relevant applications with Siemens Zero Trust

1. Our strategy focuses on building sustainable, future-ready infrastructure and industry by combining the real and the digital worlds. In our digitalized and interconnected world, cyberattacks pose a serious threat.
2. We uplevel cybersecurity protection through our visionary Zero Trust approach with real time authentication, validation, and dynamic security measures.
3. By prioritizing cybersecurity and data protection across our digital solutions, we ensure our customers can trust us to innovate and accelerate their operations.

Increase our EU Taxonomy revenue alignment rate

1. The EU Taxonomy creates unprecedented transparency and standardization, helping to identify environmentally sustainable economic activities and optimizing sustainability performance.
2. We demonstrate accountability by highlighting the revenue from our portfolio that supports the EU’s environmental objectives, particularly climate change mitigation and circularity transformation, and aiming to increase our EU Taxonomy alignment rate.
3. By aligning with the EU Taxonomy, we provide standardized and objective transparency to our stakeholders on our sustainable revenues based on high environmental and social requirements across sites, products and value chains.