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Siemens AG

CEF Lead Executives

Sustainability Goals

Sustainability Goals

2025 Goals

  • Reduce fleet emissions and related fuel costs by 33%
  • Reduce its physical CO2 emissions from its own operations by 55% (2019 baseline)
  • Reduce landfill waste by 50% from 2021 baseline
  • Achieve 30% female share in top management positions 


2030 Goals

  • Achieve carbon neutral operations (2014 baseline) (32 Siemens locations have no net C02 emissions during regular operations as of 2021)
  • Reduce supply chain GHG emissions by 20% (2014 baseline)
  • Reduce its physical CO2 emissions from its own operations by 90% (2019 baseline)
  • Reduce Scope 3 emissions (Cat. 11, "Use Phase Emissions") by 15% (2014 baseline)
  • Apply the extended “Robust Eco Design” approach to all products, services, and solutions in order to increase the number of lifecycle assessments and environmental product declarations, raise the proportion of secondary materials, and improve recyclability 


2050 Goals

  • Achieve a carbon-neutral supply chain


Past Goals Achieved

  • Reduce emissions by 50% (reduced operational carbon emissions by 54% between 2014-2020)


Latest Sustainability Reporting

Highlights


  • Reduced CO2 emissions 50% compared to FY19.
  • Reduced supply chain emissions by 1% in FY23 compared to FY20, even as purchasing volume increased 33%.
  • Increased energy efficiency by 39% in FY23 compared to FY21.
  • Increased the number of electric vehicles to around 4,100 and charging points to 2,750 in FY23.
  • 37 locations now have no net CO2 equivalent (CO2e) emissions during regular operations.
  • 51% of relevant product families have achieved Robust Eco Design, up from 26% in FY21.
  • Helped customers avoid 190 million metric tons of CO2e emissions through products and services in FY23, up from 153 million tons in 2022.
  • Raised the company’s internal CO2e price to manage decarbonization activities in the UK from £40 to £50 in FY23.
  • Achieved 2025 goal of 30% female share in top management, reaching 31.1% in FY23.

Recent News

2023

Members of the Corporate Electric Vehicle Alliance sent a letter to the U.S. Environmental Protection Agency reiterating the need for strong heavy-duty vehicle emission standards to meet national climate and economic goals as well as corporate sustainability goals. The letter, the Alliance’s second, also underscored that the growing number of companies committed to zero-emissions trucks demonstrates that these are both operationally and financially viable. The Alliance represents 33 U.S. companies that own, lease, or operate more than 2.5 million fleet vehicles, and includes CEF Members Amazon, CBRE, and Siemens. (Dec 2023)

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31 companies with significant commercial fleets sent a letter to U.S. governors in 9 states urging them to accelerate and support the shift to zero-emission vehicles by adopting the Advanced Clean Trucks (ACT) and Advanced Clean Cars II (ACC II) rules in their respective states. Together, the two rules require increasing rates of sales for zero-emission light-, medium-, and heavy-duty vehicles over the coming years. The companies, including CEF members Amazon, CBRE, and Siemens, are part of the Corporate Electric Vehicle Alliance, and represent over $1.2 trillion in annual revenue and collectively own, lease, or operate more than 2.7 million fleet or networked vehicles in the U.S. (Aug 2023)

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Together for Sustainability (TfS) TfS and CEF member Siemens announced a new decarbonization partnership to advance the overall sustainability of the chemical industry. TfS and Siemens will set up a pilot project to track the industry’s Scope 3 emissions. Using Siemens’ “Sigreen” solution for digital exchange of Product Carbon Footprint (PCF) data, the project aims to demonstrate the scalability of PCF data exchange across an entire industry. Once piloted, findings will be shared and the exchange can be deployed across the TfS members. (May 2023)

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End-to-End GHG Reporting of Logistics Operations This new guidance, released by Smart Freight Centre and WBCSD, in partnership with over 30 companies, advances the quantification and sharing of logistics emissions and supports the logistics industry as they move toward net-zero. The guidance is designed to enable companies to better understand and track their logistics emissions on a granular operational level and to quantify the footprint of end-to-end logistics emissions, from supplier to final customer. It builds upon and complements two existing frameworks, the Smart Freight Centre’s Global Logistics Emissions Council Framework 2.0 (for logistics emissions) and WBCSD’s Pathfinder Framework (for product life cycle emissions). Participating CEF members include Amazon, Dow, Siemens, and Unilever. (Jan 2023)

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2022

Siemens eMobility is building a new manufacturing hub for Electric Vehicle charging operations in Texas. It aims to produce more than one million EV chargers for the US over the next three years, helping the company meet growing EV market demand. (Dec 2022)

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Committed to reducing its physical CO2 emissions from its own operations by 55% by 2025 and 90% by 2030, compared to a 2019 baseline. To do this Siemens is investing €650 million ($683 million) in its own decarbonization by 2030. (Dec 2022)

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A coalition of 44 companies wrote a letter to the EU Commission, calling on the Commission to make all new freight trucks zero-emissions by 2035 “to fully replace the fossil-powered fleet in time for the EU to reach climate neutrality by 2050” (with a 5-year exemption for vocational trucks). It also asked to increase the 2030 CO2 reduction target to 65% and add a new 2027 reduction target of 30%. The companies also called on the Commission to finalize targets for charging and refueling infrastructure for heavy-duty vehicles as quickly as possible. CEF members PepsiCo, Siemens, and Unilever are part of the coalition. (Dec 2022)

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Incentives for Scope 3 supply chain decarbonization: accelerating implementation (WBCSD and PwC) This new report pulls together insights on “decarbonization levers” presented in the past year, summarizing outcomes from WBCSD’s Incentivizing Supply Chain Decarbonization working group, which was set up to deepen the practical guidance shared and drive action on reducing Scope 3 emissions. Levers identified include: decarbonization criteria in procurement, beneficial terms, longer-term investments, mandatory carbon reporting, public recognition & co-branding, and engagement beyond tier 1 suppliers. CEF members in the working group include Unilever, Dow, Siemens, P&G, and Chevron. (Nov 2022)

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SIEMENS / VOLTA TRUCKS Announced a strategic partnership to deliver and scale eMobility charging infrastructure to simplify the transition to fleet electrification. The technical infrastructure of the installations will be overseen by Siemens, for the servicing of Volta Zeros, fully electric 16-ton commercial vehicles, for use by Volta Trucks’ customers. (Oct 2022)

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Climate Intelligence — Ecolab and Siemens launched this new tool that lets utilities and industrial businesses virtually model different scenarios across their water and energy systems to identify opportunities to conserve water and power while also lowering their greenhouse gas emissions. Combining modeling with plant data, the tool has reduced average plant CO2 emissions by tens of thousands of metric tons per year, while reducing energy costs, without additional capital expenditure. (Oct 2022)

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Thirty-three companies and organizations have jointly sent a letter to the EPA asking for waivers that would allow California to implement specific new medium-and heavy-duty vehicle (MHDV) regulations more quickly than standard Clean Air Act timelines would allow. The signatories, including CEF members Siemens and Unilever, argue that the following policies—already adopted by the state legislature but requiring EPA approval to launch—would catalyze electric vehicle use beyond the light-duty category, save companies money on their fleets, and accelerate emission reductions (Aug 2022):

  • The Advanced Clean Trucks (ACT) standard — Stipulates that a) manufacturers of MHDVs would have to offer an increasing share of electric alternatives from 2024 through 2035, and b) companies with fleets of 50 or more MHDVs must report on their shipping and shuttle services to inform regulators' future strategies for increasing EV use.
  • The Heavy-Duty Omnibus (HDO) rule — Stipulates that new diesel-powered large commercial trucks be equipped with technology to dramatically reduce dangerous nitrogen oxide emissions.

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The Ceres-led Corporate Electric Vehicle Alliance (CEVA)—which includes CEF members Amazon, CBRE, and Siemens—and the NAFA Fleet Management Association (NAFA) have sent a letter to State leaders and the Federal Highway Administration with recommendations to guide the build-out of EV charging infrastructure, "particularly as states look to spend funds from the National Electric Vehicle Infrastructure (NEVI) Formula Program…” The letter, includes recommendations that planners (July 2022):

  • Site charging stations by analyzing commercial traffic/goods movement patterns and ensure that sufficient charging is placed near densely populated and/or urban areas.
  • Separate commercial charging sites for light-duty and medium/heavy-duty vehicles, when possible, to reduce operational disruptions; Standardize charging technology and station design for medium- and heavy-duty vehicles.
  • Coordinate roaming agreements between networks and simplified, universal payment methods.
  • Place charging stations for light-duty vehicles no more than 50 miles apart; Co-locate charging stations with other amenities like food and restrooms.

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SIEMENS / SAFEAI — Announced they will team up to implement autonomy and electrification retrofits for a heavy off-road construction fleet of 300 vehicles operated by Japanese construction company Obayashi. SafeAI will deliver AI software systems that, according to the company “transform existing machines into self-operating robotic assets.” Siemens will provide electrification systems for the drivetrain and other functions, as well as an automated charging infrastructure. The retrofitted vehicles are expected to minimize or eliminate construction site accidents (including human casualties) and lower the lifetime operating costs of the vehicles by up to 30%. (June 2022)

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In a letter addressed to several US governors and officials in their administrations, businesses urged states to invest in energy efficiency using billions in federal funding made available through the American Rescue Plan and the Bipartisan Infrastructure Law. The 59 signatories, including CEF member Siemens, argued energy efficiency investments can help mitigate climate change and reinvigorate state economics in the aftermath of COVID-19. (May 2022)

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More than 100 large companies and investors made a business case to the U.S. Congress and the Biden Administration last week for ambitious federal action on climate. The collective effort, called LEAD on Climate 2022 and organized by sustainability nonprofit Ceres, attracted participants—including CEF members Amazon, HP Inc, Marriott International, Microsoft, Netflix, PepsiCo, Siemens, and Unilever—that count a total of $1.6 trillion in annual revenue and $4.6 trillion in assets under management, and more than 3 million employees across all 50 states. Through two days of virtual meetings, they asked lawmakers and administration officials to (May 2022):

  • Meet the urgency and scale of the climate crisis with ambitious federal investments to accelerate the transition to affordable, secure, domestic clean energy.
  • Seize the economic opportunities to lead the world in clean energy manufacturing and deployment to create jobs, spur innovation, strengthen supply chains, and reduce costs and volatility for businesses and consumers. 
  • Tackle inequity by targeting climate and clean energy investments in disadvantaged, rural, and frontline energy communities.

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Fast Company has published its sixth annual World-Changing Ideas Awards, celebrating new ideas in tech, advocacy, philanthropy, and more that aim to make the world a better place by taking on some of our greatest challenges. Among 39 winners, CEF member Siemens took the "World-Changing Company of the Year" and "Pandemic Response" honors for a suite of transformational digital solutions. (May 2022)

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Partnership for Carbon Transparency (PACT) — WBCSD announced it had achieved a major milestone in developing the Pathfinder Network (launched at COP26), a decentralized network infrastructure for sharing product-level carbon emissions data across value chains and industries: the first successful data exchange across different technology systems by CircularTree, IBM, SAP, and CEF member Siemens. PACT next plans to add new tech components, including from CEF members Amazon and Microsoft. It expects the Pathfinder Network to be available for use by the end of the year. (April 2022)

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Consortium on quantifying end-to-end GHG logistics emissions Smart Freight Centre and WBCSD are leading a new consortium of over 25 global companies to co-develop and implement guidance to quantify the impact of GHG logistics emissions from supplier to final customer. The effort builds upon Smart Freight Centre’s Global Logistics Emissions Council (GLEC) Framework 2.0 and WBCSD’s Pathfinder Framework and is supported by the World Economic Forum and participating organizations including CEF members Dow Chemical, Siemens, Unilever, and UPS, with analytical insights and advisory guidance, provided by McKinsey & Co. The guidance is expected to be published by the end of 2022. (April 2022)

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Siemens’ Smart Infrastructure (SI) and Financial Services businesses launched a new $100 million loan program called “Kickstarter Capital” to help small- and medium-sized businesses decarbonize. Participating companies will consult with Siemens technology and finance experts to develop “a custom end-to-end decarbonization roadmap” that integrates SI’s “sustainable-oriented products, solutions, and services.” (March 2022)

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Over 90 total companies, municipalities, states, and other organizations have joined the Department of Energy’s (DOE) Better Climate Challenge, committing to reducing portfolio-wide Scope 1 and 2 GHG emissions by at least 50% within 10 years. Signatories will collaborate to identify pathways for improvement, and the DOE will provide technical assistance and convene peer-to-peer solution exchanges. CEF members GE, Honeywell, International Paper, Siemens, and Trane Technologies are among the signatories. (March 2022)

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Chief executives and senior leaders from dozens of US companies—including CEF members General Motors and Siemensmet with congressional offices to urge them to “swiftly approve a reconciliation package with $550 billion in fiscally-sound investments” in clean power, transportation, industry, agriculture, and environmental justice, according to Ceres. (Feb 2022)

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AS YOU SOW / CORPORATE KNIGHTS “CLEAN200” LIST — Shareholder advocacy group As You Sow and Corporate Knights released their annual list of the 200 largest public companies “ranked by green energy revenues.” On average, it found 58% of revenues earned by Clean200 companies to be “clean,” up from 39% in 2021 and significantly above the 20% average for their MSCI ACWI peers. The top 10 includes CEF members Apple (#1), Alphabet (#2), Cisco Systems (#7), HP (#8), Schneider Electric (#9), and Siemens (#10). (Feb 2022)

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SPG GLOBAL’S “2022 SUSTAINABILITY YEARBOOK” — Over 700 companies made SPG Global’s 2022 Yearbook, an annual assessment to distinguish the top-performing companies in corporate sustainability. CEF members Cisco Systems, General Motors, Siemens, Unilever, and Waste Management earned the highest “Gold Class” status, achieving an S&P Global ESG Score within 1% of their industry's top-performing company's score. (Feb 2022)

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2021

The Corporate Electric Vehicle Alliance (CEVA), a Ceres-led group of 28 companies and fleet operators representing over $1 trillion in annual revenue, sent a letter urging the US government to establish “open standards” for public EV charging infrastructure to accelerate widespread EV adoption. They say standards such as OCPP and OCPI are key to creating “an interoperable charging network” and “enabling EV drivers to freely utilize public charge points.” Signatories include CEF members Amazon, CBRE, and Siemens. (Nov 2021)

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WBCSD, RMI, and the Catena-X Automotive Network will jointly develop in 2022 a consistent method for the auto industry to measure product-level Scope 3 carbon emissions and exchange verified, primary data across supply chains. CEF members BASF, Microsoft, and Siemens belong to the Catena-X Automotive Network. (Nov 2021)
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35+ COMPANIES’ ZERO-EMISSIONS VEHICLE COMMITMENTS — Over 35 companies signed a new, “legally non-binding” declaration to accelerate the transition to zero-emissions vehicles, which includes various signatory commitments (Nov 2021):

  • All signatories agreed to support world leaders’ commitment to have 100% of car and van sales be zero-emissions by 2035 in "leading markets" and globally by 2040
  • Auto manufacturers—including CEF members Ford and General Motors—committed to reaching 100% zero-emission new car and van sales in “leading markets” by 2035
  • Fleet owners and operators—including CEF members Siemens and Unilever—committed to doing the same by 2030
  • Financial institutions and investors with significant shareholdings in automotive manufacturers committed to supporting the transition to achieve 100% new car and van sales being zero-emission in leading markets by 2035

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14 countries—including the U.K., Germany, Brazil, and Indiasigned the largest ever global commitment on appliance energy efficiency: a new Product Efficiency Call to Action, launched by the UK government and the International Energy Agency. The countries committed to doubling the energy efficiency of 4 appliances accounting for 40% of global electricity consumption (air conditioners, refrigerators, industrial motor systems, and lighting) by 2030. The commitment is supported by the SEAD initiative and Clasp, with the Climate Group's EP100 initiative of 129 companies and partners (including CEF members Schneider Electric, Siemens, and Trane Technologies) also announcing support. (Nov 2021)
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Long Duration Energy Storage (LDES) Council — A new, CEO-led council to “replace the use of fossil fuels in meeting energy imbalances with zero-carbon alternatives.” The 25 founding members—including the CEO of CEF member Siemens as well as Bill Gates, through Breakthrough Energy Ventures—aim to deploy 85-140 terawatt hours of long-duration energy storage worldwide by 2040. They represent a range of LDES stakeholders such as tech companies, industrial end users, and equipment manufacturers. (Nov 2021)

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Alliance for Clean Air — A new global, cross-sector initiative to combat air pollution. The 10 founding companies—including CEF members Bloomberg, Google, and Siemens—committed to measuring their air-pollution footprint within 12 months, tracking humans’ pollution exposure, setting pollution-reduction targets, and engaging key stakeholders. The alliance was launched by the World Economic Forum in partnership with the Clean Air Fund. (Nov 2021)
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Corporate Electric Vehicle Alliance (CEVA) The Ceres-led alliance of 27 companies and fleet operators representing over $1 trillion in annual revenue sent a letter urging US auto and truck manufacturers to expand their zero-emission vehicle offerings. They noted that CEVA members plan to buy at least 377,750 US-based zero-emissions vehicles in the next 5 years, with 95% saying they would switch manufacturers to obtain the vehicle capacity and features they need. Signatories include CEF members Amazon, CBRE, and Siemens. (Oct 2021)
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Taskforce on Scaling Voluntary Carbon Markets (TSVCM) — The taskforce has formed an independent Board of Directors to govern voluntary carbon markets, with 22 members representing 12 countries (40% in the Global South); the NGO, academic, corporate, and financial sectors; Indigenous people; and local communities. The Board will be supported by TSVCM’s founding sponsors, an Executive Secretariat, an Expert Panel, a Senior Advisory Council, and a Member consultation group of 250 organizations (including CEF members Bank of America, BlackRock, BloombergNEF, Bloomberg Philanthropies, Boeing, Chevron, Delta, Google, JPMorgan Chase & Co., Microsoft, Morgan Stanley, Siemens, and Unilever). (Sept 2021)
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The World Green Building Council (WorldGBC) updated its Net Zero Carbon Buildings Commitment with new requirements for tackling embodied carbon. Starting January 1, 2023, businesses must account for the whole-life impact of all new buildings and major renovations by 2030, as well as track and report business activities influencing indirect reductions of whole-life carbon emissions. The WorldGBC Corporate Advisory Board includes CEF members Google, JPMorgan Chase & Co., and Siemens. (Sept 2021)
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SIEMENS GAMESA — Launched RecyclableBlade, which it claims is the world’s first recyclable offshore wind turbine for commercial use. (Sept 2021)
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Aviation Impact Accelerator (AIA) — A new Cambridge University-led, international group of aerospace, climate science, economics, and policy experts was formed to build a simulator that will support the aviation sector’s transition to net-zero flights by 2050. The interactive, evidence-based simulator will explore a range of future scenarios for achieving the transition, calculating the climate impact, resource requirements, and the cost of flying. Backed by HRH The Prince of Wales’ Sustainable Markets Initiative and The World Economic Forum, corporate advisors include Boeing, BP, Heathrow, Rolls-Royce, and Siemens Energy. (Aug 2021)
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Taskforce on Scaling Voluntary Carbon Markets — The private sector-led initiative published a new roadmap with next steps for creating a high-integrity, scaled, voluntary market for carbon credit trading. The taskforce—whose members include Bank of America, BlackRock, Bloomberg NEF, and Siemens—will recruit an independent body to govern the market. (July 2021)
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RE100 — The RE100 companies, which are committed to 100% renewable electricity, now have an electricity demand greater than that of the U.K. or Italy and are on track to save CO2 emissions equal to burning over 118 million tons of coal per year. RE100 members include CEF Members: 3M, Apple, Bank of America, Bloomberg, Dell Technologies, Ecolab, Facebook, General Motors, Google, Hewlett Packard Enterprise, HP Inc., Johnson & Johnson, JPMorgan Chase & Co., Mastercard, McKinsey & Co., Microsoft, Morgan Stanley, PepsiCo, Procter & Gamble, Siemens AG, TD Bank Group, Trane Technologies, Unilever, and Visa. (July 2021)
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Committed to net-zero operations by 2030 and a net-zero supply chain by 2050. (July 2021)
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Announced numerous new sustainability, ethics, governance, equity, employability, and resource efficiency goals, including (July 2021):

  • Tying long-term incentives to an internal ESG/Sustainability Index
  • Eco design for products by 2030 and zero landfill waste by 2030
  • 30% female share in top management by fiscal year 2025.
  • Training 100% of employees in business conduct every 3 years
  • 30% improvement in lost time injury frequency rate and double-digit learning hours by 2025

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Alliance of CEO Climate Leaders Formed in 2014 to catalyze bold corporate climate actions, 70 members of the alliance—including CEOs from BASF, HPE, PepsiCo, Siemens, and Unilever—published an open letter to all world leaders ahead of the G7 Summit demanding transformative policy change to enable a net-zero world. Signatories also encouraged governments to work together with the private sector to deliver on shared ambitions “within a clearer and more ambitious policy framework.” (June 2021)
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Hydrogen Taskforce — A new collaboration of HRH The Prince of Wales’ Sustainable Markets Initiative to accelerate the demand for and supply of clean hydrogen through corporate and sectoral public commitments, policy advocacy, and verifiable projects. Chaired by Shell’s Chief Executive Ben van Beurden, the Taskforce includes representatives from Anglo American, Bank of America, bp, Cummins, Fortescue Metals Group, Hydrogen Council, ITM Power, Linde, Macquarie, Shell, Siemens Energy, Toyota Motor Europe, and 8 Rivers Capital. (May 2021)

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Over 80 companies—with combined annual revenue of $1.5 trillion, $341 billion in assets, and over 3 million U.S. employees—called on federal lawmakers to support ambitious climate policy action to address the climate crisis and advance environmental justice as part of the Ceres-led “LEAD on Climate” advocacy day. CEF members participating included Amazon, CBRE, Dell Technologies, Dow, HP Inc., McDonald’s, Microsoft, PepsiCo, Samsung Electronics America, Siemens, and Unilever. (May 2021)
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Members of the Corporate Electric Vehicle Alliance (CEVA) and the BICEP Network sent letters (CEVA letter and the BICEP letter) calling for the Biden administration to adopt vehicle standards aligned with climate science and consistent with a pathway to 100% zero-emission vehicle sales by 2035. The two Ceres-led networks represent over 80 companies with combined annual revenue of $1.3 trillion and include Amazon, CBRE, Kaiser Permanente, McDonald’s, Microsoft, Siemens, Tiffany & Co., Unilever, and VF Corporation. (April 2021)

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More than 300 businesses representing over $3 trillion in annual revenue and employing nearly 6 million US workers signed an open letter calling upon President Biden to adopt a GHG emissions reduction target of at least 50% by 2030 (2005 baseline). Organized by the We Mean Business coalition and Ceres, signatories of the letter included: Apple, Dell Technologies, Facebook, Google, Hewlett Packard Enterprise, HP, Johnson & Johnson, Mastercard, McDonald’s, Microsoft, Siemens, Trane Technologies, Unilever, and VF Corporation. (April 2021)

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Eco-Skies Alliance — A new United Airlines program involving over a dozen global corporations—including HP Inc., Nike, and Siemens—committing to pay for greater use of sustainable aviation fuel (SAF). This year, participating companies will collectively purchase approximately 3.4 million gallons of SAF, enough to fly over 220 million miles. Additional companies welcomed. (April 2021)

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Over 170 CEOs from U.S. companies issued a public letter to Congress backing President Biden’s $1.9 trillion coronavirus relief package and urged rapid, bipartisan adoption. CEF member companies involved included BlackRock, Comcast, Google, JetBlue, Mastercard, Morgan Stanley, Siemens, and Visa. (March 2021)

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A major new coalition, “America is All In,” launched to mobilize bold climate ambitions nationally and uphold the federal government’s commitment to climate action—specifically to cut U.S. emissions in half or more by 2030 and reach net-zero by 2050. Co-led by UN Special Climate Envoy Michael Bloomberg, the coalition effectively merges We Are Still In and America’s Pledge and is the most expansive effort ever assembled to support climate action in the U.S., involving U.S. businesses, cities, states, tribal nations, schools, and faith groups, health care organizations, and cultural institutions. Large companies involved include: 3M, Adobe, Amazon, Apple, ADM, Autodesk, BASF, Best Buy, Cargill, Carrier Corporation, The Clorox Company, Coca-Cola, Danone N.A., Dell Technologies, Dow Inc., DSM N.A., DuPont, eBay, Edison International, Facebook, Gap, General Mills, Google, Hewlett Packard Enterprise, HP, Inc., IKEA U.S., Johnson & Johnson, Johnson Controls, Kellogg Company, LafargeHolcim, Levi Strauss & Co., L’Oréal, Mars Incorporated, McDonald’s, Microsoft, Mondelez International, National Grid, Nestle, NIKE, Novozymes, PG&E Corporation, PepsiCo, Salesforce, Siemens, Sony Corporation of America, Starbucks, Steelcase, Target, Tiffany & Co., Trane Technologies, Verizon, VF Corporation, Walmart, and Waste Management. (February 2021)

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Corporate Knights and As You Sow released the 2021 Carbon Clean200 list, which ranks the world’s publicly listed companies leading the way with solutions for the transition to a clean energy future. The top 10 included the following (February 2021):

  1. Alphabet (Google)
  2. Siemens
  3. TSMC
  4. SAP 
  5. Iberdrola         
  6. HP
  7. Cisco   
  8. Schneider Electric
  9. Tesla
  10. Unilever

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Corporate Knights released the 2021 Global 100 Index, which ranks the world’s most sustainable companies based on environmental and financial indicators. CEF members honored include Cisco, Google, Hewlett Packard Enterprise, HP, Trane Technologies, Siemens, and Unilever. (January 2021)

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Over 60 companies committed to the Stakeholder Capitalism Metrics, an ESG reporting and disclosure framework developed by the WEF and its International Business Council that consists of 21 core and 34 expanded metrics. Companies pledging to implement this reporting framework include Bank of America, Dell Technologies, Dow, Ecolab, Fidelity International, HP, Mastercard, McKinsey & Co., Siemens, and Unilever. (January 2021)

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The Taskforce on Scaling Voluntary Carbon Markets sponsored by the Institute of International Finance established core carbon market principles and released a roadmap of 20 comprehensive actions to scale the carbon offset market. The taskforce includes governments, NGOs, and businesses, including Bank of America, BlackRock, BloombergNEF, Boeing, Siemens, and Unilever. (January 2021)

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The 21 members of the Ceres-led Corporate Electric Vehicle Alliance released a guiding set of principles to help auto and truck manufacturers, regulators, policymakers, and utilities better understand their role in accelerating the transition to electric vehicles in the United States. Members of the Corporate Electric Vehicle Alliance include Amazon, Siemens, and more. (January 2021)

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2020

Siemens has reduced the carbon footprint of its own value chain by 54% since 2014, exceeding its intermediate goal to halve its global CO2 emissions by 2020. (December 2020)

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Siemens joined “The Climate Pledge,” which commits the companies to net-zero carbon by 2040. (October 2020)

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Siemens joined as a flagship member of the new Corporate Electric Vehicle Alliance, a Ceres-led initiative that aims to fuel growth in the electric vehicle market by “signaling the breadth and scale of corporate demand for electric vehicles.” (Jan 2020)

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2019

Joined over 120 UK business leaders sending a letter calling on Prime Minister Theresa May to implement a net-zero emissions target for 2050. (June 2019)

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Ranked #2 on Carbon Clean 200 list (As You Sow and Corporate Knights), which ranks large publicly listed companies according to total revenue generated from products and services that deliver carbon reductions. (Feb 2019) 

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