Our commitment to decarbonization

Global electricity demand is projected to grow quickly, and coupled with the effects of climate change, ensuring the energy sector's sustainability has become an urgent priority.

Siemens Energy is following an ambitious strategy to drive decarbonization with targets across the value chain. We have the technology, innovations and expertise and are working with our customers, suppliers, and partners to transition to a more sustainable world.

Our strategy to decarbonize global energy systems is based on our aspiration to reach Net Zero across the entire value chain, in line with a 1.5°C target.

To achieve our climate targets, we use a comprehensive range of decarbonization levers that span the entire value chain. These levers are incorporated into our operations, our strategies for engaging suppliers and our product development.

Our climate action plans are intended to achieve our Scope 1, 2, and 3 greenhouse gas emissions targets. Therefore, the expected emissions reductions align with these targets.

Suppliers play a critical role in our decarbonization strategy. Through our Carbon Reduction@Suppliers Program, we engage over 3,400 suppliers—representing more than 75% of our supply chain carbon footprint—in a structured due diligence process to assess and support their carbon reduction efforts. 

To achieve climate neutrality in our own operations by 2030, we are implementing actions such as improving energy efficiency, reducing SF₆ emissions, and promoting sustainable mobility.

The use phase of our sold products accounts for the largest share of our total greenhouse gas emissions. Therefore, we are working on transforming our portfolio to reduce lifecycle emissions. Regarding this transformation, key decarbonization levers include enhancing energy efficiency, expanding electrification, switching to alternative fuels, and developing low carbon products and carbon-neutral technologies. We also support the advancement of emission removal technologies.

These levers are informed by scenario-based planning using a variety of models to anticipate regulatory, technological, and market developments. These include the IEA Stated Energy Policies Scenario (STEPS), S&P Global Inflections and S&P Global Discord. These scenarios support our strategic planning by identifying potential risks and opportunities across different climate futures.