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Siemens aces in green report card

Ranked Number One in the Dow Jones Sustainability Index

| | Oct 31, 2011 | 3:19 pm
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Ranked Number One in the Dow Jones Sustainability Index

According to a recent news release by Siemens AG, it has been ranked the most sustainable company in the industry for the fourth time in a row in the Dow Jones Sustainability Index (DJSI) – the sustainability rating established by Dow Jones and SAM. Siemens was reportedly ranked the first in the Diversified Industrials category, which included companies like 3M, General Electric, Toshiba and Thyssen Krupp. Out of a possible 100 points, Siemens received 90 – its highest overall rating to date, and a further improvement over last year’s result of 87 points. The company claimed that it has now been honoured by the DJSI 12 times in a row for its sustainable activities.

Expressing her thoughts on the company being recognised for its green efforts, Barbara Kux, the Siemens Managing Board member responsible for sustainability, said: “By capturing the Number One position once again, we’ve proven just how rigorously the company is oriented to sustainability and how our employees put sustainability into practice on an everyday basis. For us, this is a competitive advantage.”

Siemens claimed that in addition to the economic and social dimensions, it is focusing intensively on the expansion of its environmental portfolio, emissions reduction and efficient use of natural resources. The company claimed that it had planned to generate revenue of €25 billion with its environmental portfolio in fiscal 2011. With revenue from the portfolio totalling €28 billion in fiscal 2010, Siemens said that it not only achieved the target a year earlier than planned but it also considerably exceeded it. The company announced that it now wants to generate more than €40 billion in revenue with green technologies by the end of fiscal 2014.

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