Gold for sustainability: Siemens receives highest award from SAMFriday, June 15, 2012
Munich, Germany (June 15, 2012)-
Siemens is a
member of the Electric Drive Transportation
Siemens was named the most sustainable company in its industry at the SAM Sustainability Awards 2012. The SAM group, which specializes in sustainability investing, gave Siemens its highest sustainability rating, naming the company SAM Gold Class Sector Leader. Accepting the award yesterday in Berlin, Barbara Kux, member of the Managing Board of Siemens AG and Chief Sustainability Officer, stated, “The SAM award is a great honor for Siemens and its employees. Investing in sustainability pays off – for us, for our customers, and for the environment.”
Sustainable products and solutions create major business opportunities for Siemens. In fiscal 2011, the company generated revenue of €30 billion with its Environmental Portfolio – an amount equal to around 40 percent of the company’s total sales and a nine-percent increase over fiscal 2010. Siemens is now one of the world’s largest suppliers of ecofriendly technologies. The company intends to increase revenue from the products and solutions in its Environmental Portfolio to 40 billion, for example, by driving innovative products and achieving above-average growth in areas such as energy-efficient building technologies and advanced mobility concepts.
Siemens has firmly anchored its sustainability strategy along its entire value chain. The Sustainability Report 2011 illustrates this achievement with the help of three case studies showcasing how the company is fostering sustainability on the part of its suppliers and business partners, in its own operations and on the customer side. In the renowned Dow Jones Sustainability Index, Siemens took first place in the Diversified Industrials category. The company also won the German Sustainability Award 2011 for its sustainability strategy and has been named a Selected Location 2012 in this year’s Germany – Land of Ideas competition for its Environmental Portfolio.
Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 160 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world’s largest provider of environmental technologies. Around 40 percent of its total revenue stems from green products and solutions. In fiscal 2011, which ended on September 30, 2011, revenue from continuing operations totaled €73.5 billion and income from continuing operations €7.0 billion. At the end of September 2011, Siemens had around 360,000 employees worldwide on the basis of continuing operations.
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