Sep 13 2013
Siemens has been named the most sustainable capital goods company in the Dow Jones Sustainability Index (DJSI), an internationally renowned sustainability ranking published by an association of investors. The company's top position underscores its uncontested leadership in sustainability across seven industries. Siemens also received this honor last year – the highest that a company can achieve in the DJSI.
In addition, Siemens was once again ranked the most sustainable company in its industry, which is part of the Capital Goods segment. This industry also includes General Electric, Philips and 3M. Siemens further improved its position compared to last year, achieving its best result to date.
"Capturing the No. 1 spot again is a testimony to our success in rigorously and systematically orienting Siemens toward sustainability over the last few years," said Barbara Kux, member of Siemens' Managing Board and the company's Chief Sustainability Officer. The strategy, structure, programs and processes established have proven their value. "We're now reaping the fruits of our labor – across all fields. In supply chain management, for example, we've not only achieved savings in the upper single-digit-billion range over the last years; we've also introduced a risk-based supplier qualification, and more than 1,000 suppliers have taken part in our energy-efficiency audits," she added.
Environmentally friendly technologies are an important, continually growing business field for Siemens. Since 2008, the company has increased the revenue it generates with green products and solutions from €19 billion to €33 billion – or 42 percent of its total revenue today. In fiscal 2012, Siemens' ecofriendly offerings enabled customers to cut their CO2 emissions by nearly 332 million tons.
Siemens has also achieved a very good rating in the Carbon Disclosure Project (CDP) for its efforts in the area of CO2 reduction and the battle against climate change. The CDP is supported by more than 722 institutional investors, who together administer assets totaling more than US$87 trillion and are thus in possession of large shares of the world's top revenue-generating publicly listed companies.