For everyone. Market Participants70. These statements may be identified by words such as expect, look forward to, anticipate, intend, plan, believe, seek, estimate, will, project or words of similar meaning. Globally, Latin America is one of the emerging markets. endstream xref Firefox Browser, With worldwide demand for electricity expected to increase by around 25% before 2030, the sustainability of the energy sector is a matter of urgency. These account for more than 99% of Siemens Energy's total greenhouse gas emissions and represent the most significant challenge to climate neutrality. 0000005329 00000 n For instance, Orange signed a new PPA with Enertrag to power its operations in Poland. As of September 30, 2022, Siemens has the following reportable segments: . Europes answer to this is the Net-Zero Industry Act, which aims to push the EU to produce more of its technology domestically and localize supply chains. Hong Kong53. The data center power market has adopted energy-efficient UPS solutions that are helping the data center operators reduce the OPEX for electrical infrastructure and reduce the downtime in the data centers. Sustainability is managed using the DEGREE framework. Should one or more of these risks or uncertainties materialize, should decisions, assessments or requirements of regulatory authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. The region's major growth is contributed by markets such as the UK, Germany, and France. Mobility expects revenue growth of 10-12% (up from 6-9% previously). In the US and areas like the Middle East, strong demand for harmonic mitigation techniques has resulted from grid instability issues, while in places like the EU, which have taken more explicit steps to modernize the grid over the last few decades, grid instability is less of a concern. We pioneer breakthroughs in healthcare. On 96 pages, the Report reflects Siemens Energys environmental, social and corporate governance achievement in the past fiscal year and areas where it can improve. In its direct area of responsibility (Scope 1 and 2), Siemens Energy emitted 21% fewer greenhouse gases in fiscal year 2022 than in the previous year. With a strong and resilient portfolio along significant parts of the energy value chain, we are a partner of choice for our stakeholders and shaper of the energy transition worldwide. Siemens Energy improved in almost all areas of sustainability this past year, as reflected in . Nigeria49. Latin America15. In fiscal 2022, which ended on September 30, 2022, Siemens Healthineers, which has approximately 69,500 employees worldwide, generated revenue of around 21.7 billion and adjusted EBIT of almost 3.7 billion. In fact, the company has reduced its greenhouse gas emissions in this area by 50% since the baseline year 2019. Satisfying this hunger for energy sustainably, safely and affordably is one of the core tasks of our time. Rating: In October 2022, Siemens Energy received a rating of A (on a scale of AAA to CCC) in the MSCI ESG Ratings assessment. Siemens Energy presents Sustainability Report for fiscal year 2021 Within the first two management levels (Gas and Power, excluding Siemens Gamesa), it rose by a further percentage point last year to 22%. You should consider contributing to our CFE Media editorial team and getting the recognition you and your company deserve. by Gary Mintchell | Jan 3, 2023 | News, Organizations | 0 comments. Dive deeper into our fascinating technologies. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. 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. In its second sustainability report, Siemens Healthineers set out its achievements in fiscal year 2022 on the way to its sustainability targets for 2025. According to the European Federation for Transport and the Environment, Europe comprised 41% of new investment in lithium-ion battery production in 2021. Some may view the stock as a buy while others may view it as a hold. Siemens has been a pioneer in sustainability for many years and is continuing to accelerate its commitments. Analysts Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. PDF Siemens plc Carbon Report 2022 Further information is available at www.siemens-healthineers.com. Sustainability Figures Contact us Uae42. Also, at our own operations we aim to continuously improve our performance. Rating:In February 2022, Siemens Energy received an ESG Performance Rating and was ratedB-Prime. Siemens Energy - Sustainability Report 2022: GRI Content Index Energy efficiency, sustainability key themes from Hannover Messe, By using this website, you agree to our use of cookies. Indonesia, 63. [201-1] [102-8] At the end of the reporting period (September 30, 2022), the Company had 27,604 employees (26,182 employees in fiscal year 2021). Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Required fields are marked *. In preparation for this legislation, many vendors of motors had their high-efficiency capabilities on display at Hannover Messe. For everyone. Colombia19. Africa46. Much of this increase could be met through electrification of transport, an opportunity for Siemens who has exposure to the space through its eMobility charging infrastructure business which has been active globally for over a decade. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. ry of GHGs and associated emissions during fiscal year 2022, October 1, 2021 to September 30, 2022. Each has its own benefits and drawbacks depending on the nature of the application in question. Sign up for the Manufacturing Connection email newsletter to receive exclusive insider content. The transition to renewable energies will have a decidedly profound impact on the world's energy landscape and magnify already rising concerns about energy security. Siemens Healthineers on track to reach sustainability goals for fiscal year 2025, Contribute to a regenerative and healthy environment, julia.donhauser-bach@siemens-healthineers.com. What's Included4. 0000027453 00000 n usability. Figure 3: Left: SEW IES Capable Motor, Right: Cantoni IE4 Capable Motor Courtesy: Interact Analysis. It looks like you are using a browser that is not fully supported. Performance:Management level - Taking coordinated action on climate issues. North America11.1. Lacking the cost and scale advantages rivals CRRC (OTCPK:CRCCY)) and Alstom-Bombardier (OTCPK:ALSMY) (OTCPK:AOMFF) possess, Siemens's strategy focuses on differentiation centered around technology offerings such as its Railigent digital railway platform which facilitates management of railway assets. We pioneer breakthroughs in healthcare. 0000007648 00000 n Digital Industries' order intake was down 10% YoY on a comparable basis this quarter on difficult comps but revenues were up 23% YoY driven by significant contributions from the automation businesses. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. Data Center Construction Market by Power Capacity12. These cookies do not store any personal information. Sustainability Report 2022 (pdf, 8169.22 KB) Fourth-quarter results FY2022 | November 9, 2022. Following the invasion of Ukraine in early 2022, energy markets across Europe have been greatly destabilized. I Aug 8, 2019, Third-quarter results FY2019 I Jul 29, 2019, Second-quarter results FY2019 I May 2, 2019, First-quarter results FY2019 I Jan 29, 2019, Fourth-quarter results and preliminary figures for FY2018 I Nov 5, 2018, Third-quarter results FY2018 I Jul 30, 2018, Second-quarter results FY2018 I May 3, 2018, First-quarter results FY2018 I Feb 1, 2018, Presentation Q2 FY2021 - May 3, 2021 (pdf) 1.4 MB, Quarterly Statement Q2 FY2021 - May 3, 2021 (pdf) 0.34 MB, Half-Year Financial Report Q2 FY2021 - May 3, 2021 (pdf) 0.23 MB, Healthineers post Q2 FY2021 Consensus for FY2021 - FY2024 - May 27, 2021 (xlsx) 0.1 MB, Presentation Q1 FY2021 - Feb 1, 2021 (pdf) 0.78 MB, Quarterly statement Q1 FY2021 - Feb 1, 2021 (pdf) 0.28 MB, Healthineers post Q1 FY2021 Consensus for FY2021 - FY2024 - Feb 23, 2021 (xlsx) 0.1 MB, Presentation 'J.P. As more sustainability-conscious legislation, such as the Net-Zero Industry Act and the EUs Eco-Design Initiatives, are being enacted, industrial automation technology is being pushed to evolve to support these efforts. 0000027297 00000 n 0000021646 00000 n Siemens Healthineers also provides a range of services and solutions to enhance healthcare providers ability to provide high-quality, efficient care. Italy28. 0000002803 00000 n Kenya48. Orders at EUR 23.6 billion grew 15%, driven by the highest quarterly order intake ever for Mobility, as well as strong order intake at Smart Infrastructure (up 9%). South Africa47. . North America is the most mature market globally, with major dominance in investment and power capacity share, led by the U.S. Canada is an emerging market with steady growth in data centers. Performance: Siemens Energys Sustainability rating places it at 94% percentile assessed by EcoVadis. Please note that there might be constraints on site display and Sign up today for your free Reader Account! Research and Markets, Dublin, May 31, 2023 (GLOBE NEWSWIRE) -- The "Worldwide Data Center Power Market - Investment Prospects in 9 Regions and 41 Countries" report has been added to ResearchAndMarkets.com's offering.The global data center power market is expected to grow at a CAGR of 6.48% from 2022-2028. Performance:Siemens Energys ESG Risk Rating places it 4th percentile in the Electrical Equipment industry assessed by Sustainalytics. South Korea58. The growth in power demand from the data center market and sustainability requirements have led to several innovations in terms of generator fuel types. Sweden33. The data center power market has also witnessed a share of VRLA battery adoption by several operators. 0000022112 00000 n renewable sources. Despite the wide range of technologies on display, an emphasis on energy efficiency and flexibility emerged as the central theme of the 2023 show. Siemens Healthineers' profit margin was down to 5.4% from 16%. I am not receiving compensation for it (other than from Seeking Alpha). Quarterly profits reached the highest level ever helped by higher revenue and a favorable product mix. The market in these countries is expected to skyrocket in four to five years due to the shift from the oil economy to the digital economy in the region. 0000005368 00000 n site. Several operators are signing power purchase agreements with renewable energy companies. together with the Combined Management Report of Siemens Healthineers AG and the Siemens Healthineers Group, as of September 30, 2018 (IFRS) (pdf) 1.52 MB; The planned target was 84%. Siemens Energy is one of the worlds leading energy technology companies. Explore our comprehensive portfolio that addresses the complete care continuum for many of the worlds most threatening diseases. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Other Central & Eastern European Countries40. Siemens AG for fiscal 2022 (October 1, 2021 ,to September 30, 2022). Annual Report 2021 | Press | Company | Siemens A leading technology company | Combining the real and digital worlds. and continuing education of own workforce in 2022. Mexico17. 0000002765 00000 n Click here to start this process. Please disable your ad-blocker and refresh. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Siemens sent a news release notifying the release of its 2022 Sustainability Report. Segments Included5. A key reason for the company's success in reducing greenhouse gases is its use of renewable energies. Mobility segment orders soared by triple digits on the back of large contract wins. 1181 0 obj However, legislation from other regions, such as the Inflation Reduction Act in the US, posed a threat to European industries, with the US act incentivizing European manufacturers to expand their operations within the US. Germany23. In addition, our representatives may from time to time make oral forward-looking statements. Long only, focused on high quality businesses with economic moats and solid business fundamentals. We are ready for honest conversations to enable effective collaboration with customers, suppliers, partners, and governments. While the U1000 matrix drive has been available in Yaskawas portfolio for nearly 8 years, its premium energy efficiency features made it the perfect drive for Yaskawa to prominently display given the backdrop discussed above. Sustainability at Siemens Energy Summary, Annual Report (incl. Sustainability report 2022 Contact us Our businesses, regional entities and central functions will also implement this program. The report covers all countries where commercial activities are performed under the scope of Siemens Gamesa Renewable Energy. This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. About Our Data Center Capabilities3. Said document Siemens reports strong Q2 2023 performance with increased orders, revenues, net income, and margins across multiple segments. I have no business relationship with any company whose stock is mentioned in this article. Consultancy firm IDC expects global digital transformation spending to reach USD 3.4 trillion in 2026, with a five-year compound annual growth rate (CAGR) of 16.3% "despite strong headwinds from global supply chain constraints, soaring inflation, political uncertainty, and an impending recession". Netherlands25. <>/Filter/FlateDecode/Index[26 1110]/Length 53/Size 1136/Type/XRef/W[1 1 1]>>stream Canada14. The company expects to progress rapidly in this area under the newly implemented organizational structure that went into effect on October 1, 2022. Sustainability Figures For 175 years now, Siemens provides innovative technologies with the aspiration to improve the lives of people all over the world. Siemens Energy publishes fiscal year 2022 sustainability report 0000004325 00000 n 0000007071 00000 n Market Segmentation11. 0000000016 00000 n At the center FISCAL 20223 Report of the Supervisory Board was DEGREE, our Companywide sustainability frame work, with its aspects decarbonization, ethics, gover nance, resource efficiency, equity and employability. Singapore62. Reports & presentations - Siemens Healthineers Hannover Messe has evolved to include an ever-broadening range of products and companies. (Digital Industries accounted for 27% of revenues in FY 2022 . "Global demand for electricity will increase by 25% by 2030, said Christian Bruch, CEO and Chief Sustainability Officer for Siemens Energy. PDF Sustainability at Siemens Energy 0000013951 00000 n startxref Safari Browser. Data center operators in some markets are also prominently investing in adopting DRUPS systems. Said document also includes detailed information on DEGREE, Siemens' new sustainability framework which was introduced during fiscal 2021. . Research Methodology6. As a result, battery manufacturing in Europe is expected to see increased investment in order for the continent to remain competitive globally. Contents 3 Foreword 4 1 Siemens at a glance 7 1.1 Our DEGREE framework sets clear and measurable ambitions 8 1.2 Company profile 10 1.3 Strategy 12 1.4 Our contribution to sustainable development of societies 15 1.5 175 years of Siemens - a look at history 20 . May 31, 2023 04:04 ET Siemens management noted in their Q2 2023 earnings call that more than 75-80% of new customers are SMBs. PDF Siemens Energy halves emissions in its operations In order to create measurability and transparency, we have identified core key performance indicators (KPIs) to measure our efforts against: Our approach Based on three pillars Premium Insights8. Siemens Healthineers AG (listed in Frankfurt, Germany: SHL) pioneers breakthroughs in healthcare. What is the growth rate of the global data center power market? Siemens Energy halves emissions in its operations. endobj Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Q2 FY23. The profit margin for Siemens' Industrial Business (which covers four business segments namely Digital Industries, Smart Infrastructure, Mobility, and Siemens Healthineers) rose to 14.2% from 11% the same quarter a year earlier driven by expanding profit margins for three of Siemens' four Industrial Business segments; Digital Industries' profit margin rose to 23.5% from 18.1%, Smart Infrastructure's profit margin rose to 15.9% from 11.1%, and Mobility's profit margin rose to 9.2% from -17.3%. 2003-2023 The Manufacturing Connection. This may include personalization of content and ads, and traffic analytics. The resulting changes became effective starting with fiscal 2022. Siemens Energy employs around 92,000 people worldwide in more than 90 countries and generated revenue of 29 billion in fiscal year 2022. <> I wrote this article myself, and it expresses my own opinions. If you have an ad-blocker enabled you may be blocked from proceeding. Philippines66. With the publication of its Sustainability Report covering environmental, societal and corporate governance (ESG) for fiscal 2022, the company announced new, more ambitious targets for its own decarbonization as well as extensive investments. I wrote this article myself, and it expresses my own opinions. Sustainability Figures - Sustainability - Global - Siemens I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Approximately 46 percent CO2 reduction in own operations since 2019, Ambitious targets: 55 percent physical CO2 reduction by 2025 and 90 percent by 2030, Approximately 150 million tons customer emissions avoided with Siemens products and solutions sold in FY 2022, 650 million investment for own decarbonization by 2030, 280 million investment for training and continuing education of own workforce in 2022. Based on 90 countries in scope: Defined by World Bank as low-income and lower-middle income economies and Siemens Healthineers specific addititons. For instance, data center operators have started adopting fuel cell generators to overcome the extreme power requirements of facilities. Switzerland27. Interact Analysis is a CFE Media content partner. 0000008930 00000 n Performance indicator Unit 2022 2021 Greenhouse gas emissions Scope 1+2 emissions absolute 1,000 metric tons CO 2e 215 273 thereof SF 61,000 metric tons CO 2e 35 41 thereof fleet 1,000 metric tons CO 2e 32 29 Scope 3 downstream emissions absolute 1,000 metric tons CO 2e 1,323,012 1,369,163 intensity metric tons CO 2e/ order intake 0.035 0.041 LS Electrics X-Trak has so far been applied with success to flat panel display (FPD) manufacturing and inspection, but its payload (which it is claimed can range from kilograms to tonnes) would also make it suitable for automotive and battery manufacturing applications, as well as the currently more common smaller payload applications such as semiconductor, pharmaceutical, medical device and mobile phone production. from a reversal of an impairment of Siemens' stake in Siemens Energy AG). Siemens. With this 92-page document, which is published only in a digital format for sustainability reasons, the company aims to ensure greater transparency on its sustainability performance. PDF Sustainability Report 2022: Performance Indicator Overview - Siemens Energy It is mandatory to procure user consent prior to running these cookies on your website. Check out the progress we are making in our six fields of action: decarbonization, ethics, governance, resource efficiency, equity and employability. Approximately 150 million tons customer emissions avoided with Siemens' products and solutions sold in FY 2022 650 million investment for own decarbonization by 2030 280 million investment for training and continuing education of own workforce in 2022 Chrome Browser, Siemens's worldwide presence, domain expertise, and solid reputation as a longstanding industrial products and solutions provider position the company well to profit from the opportunity. Health & Safety - Sustainability - Global - Siemens It is critical to act now to protect the climate while meeting the growing energy demand. For everyone. One thing is clear: Business as usual is not an option. 1180 0 obj Non-financial Declaration), Siemens Energy ESG Performance Overview 2021, Siemens Energy Sustainability Report 2020, Siemens Energy ESG Performance Overview 2020, Honestly, the world isnt prepared for renewables, Siemens Energy is a trademark licensed by Siemens AG. 0000028505 00000 n Siemens 2022 Sustainability Report - The Manufacturing Connection This category only includes cookies that ensures basic functionalities and security features of the website. hb```b``c`c`fg@ ~V(ojz0`E2. f72QP0l%%uRXEZP +uG/j "/8.j^ Courtesy: Interact Analysis. German industrial giant Siemens (OTCPK:SIEGY) continues to deliver robust performance. On a comparable basis, revenues were up 15% YoY to EUR 19.4 billion and net profits nearly tripled to EUR 3.6 billion (helped by a EUR 1.6 billion tax-free gain from a reversal of an impairment of Siemens' stake in Siemens Energy AG). Investor Relations. Siemens AS is a wholly owned subsidiary of Siemens International Holding B.V. Up to September 30 in 2022, Siemens AS consisted of three business areas, Smart Infrastructure, Digital Industries and Large Drives Applications, which deliver solutions for for cities, and building technology. 0000002959 00000 n Here you can find an overview of all investor-related events and publications of the Siemens Energy AG. Investors Talents Press Healthcare professionals de| en Explore our comprehensive portfolio that addresses the complete care continuum for many of the world's most threatening diseases. 0000021229 00000 n If we want to meet the 2015 Paris Agreement target, we absolutely have to act faster. US13. 0000005988 00000 n Finland & Iceland36. We also use third-party cookies that help us analyze and understand how you use this website. ]r:/,b1h: 42\Fs30@O`!g7@d` GY Sustainability is a key part of our strategy. Download report Overview on our sustainability activities Driving decarbonization Goals and commitments Portfolio Responsible operations People and society Inclusion and diversity By 2030, Siemens Energy aims to be completely climate-neutral. To ensure maximum impact, we focus our activities onSDG 5, 7, 8, 9,and13. Malaysia64. About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. Data Center Construction Market by Investment11.3. Your email address will not be published. Our mission is to support our customers in their transformation to greater sustainability. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Technologies available that reach IE5 level efficiency include synchronous reluctance motors, various permanent magnet motors, axial flux motors and switched reluctance. Siemens Energy improved in almost all areas of sustainability this past year, as reflected in its fiscal year 2022 Sustainability Report, published today. Revenues were up 33% YoY on a comparable basis driven by sharply higher revenues from Siemens' rolling stock business.

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