Our ESG Performance

Different ratings assess companies on their sustainability performance by rating their commitment, management approaches and ESG (environmental, social, governance) data. 

Our ESG Ratings & Rankings

The 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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Rating: In April 2021, Siemens Energy received an ESG Performance Rating and was rated B- Prime.

Performance: Siemens Energy’s ESG Performance Rating places it top 20th percentile in the Electrical Equipment industry assessed by ISS ESG.

Rating: In April 2021, Siemens Energy received a rating of BBB (on a scale of AAA-CCC) in the MSCI ESG Ratings assessment.

THE USE BY SIEMENS ENERGY OF ANY MSCI ESG RESEARCH LLC OR ITS AFFILIATES (“MSCI”) DATA, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT, RECOMMENDATION, OR PROMOTION OF SIEMENS ENERGY BY MSCI.  MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY.  MSCI NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI. 

to come in December 2021

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).

Rating: In July 2021, Siemens Energy has been awarded a Silver medal by EcoVadis with an overall score of 63 points out of 100.

Performance: Siemens Energy’s Sustainability Rating places it in the top 4% of companies rated by EcoVadis in the Manufacture of general-purpose machinery industry.

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