Our ESG Ratings & RankingsThe various ratings set different priorities on which they focus, e.g. some prioritize areas such as governance or decarbonization, others focus on the management of ESG risks – which means that the final ratings may vary.
Siemens Energy answers to the following ratings:
Rating: In February 2021, Siemens Energy received an ESG Risk Rating of 17.1 and was assessed by Sustainalytics to be at low risk of experiencing material financial impacts from ESG factors.
Performance: Siemens Energy’s ESG Risk Rating places it 4th percentile in the Electrical Equipment industry assessed by Sustainalytics.
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We also collaborate with customers on platforms to share our sustainability performance with them:
These platforms provide standardized questionnaires to assess companies against customers’ ESG requirements. Some are available for several industries (EcoVadis), others focus only on one (NQC – automotive customers).
Consolidated Sustainability Information
Our Sustainability Program
If you are interested to learn how Sustainability is set up at Siemens Energy, you will find some information below as well as in our latest Sustainability Report.
Sustainability is an integral part of our company strategy. Our Sustainability Program focusses on the most relevant topics that help us achieve our ambition to become a sustainability leader in the industry whilst contributing to the United Nations’ Sustainable Development Goals.
At the core of the program is the goal to decarbonize energy systems along the entire value chain. Also, at our own operations we aim to continuously improve our performance.
Our businesses, regional entities and central functions will also implement this program. We want to be measured against our goals and performance and have selected strategic KPIs, on which we report in our annual Sustainability Report.