Executive Briefings

Siemens CEO Says Company Will Be Carbon Neutral Worldwide by 2030

A number of major companies - from PepsiCo to Walmart to U.P.S. - have recognized that corporations have a responsibility to address the causes of climate change before it is too late. We do not have to wait for an international treaty or new regulations to act.

Siemens CEO Says Company Will Be Carbon Neutral Worldwide by 2030

At Siemens, says CEO Joe Kaeser, the global industrial manufacturing company that makes everything from wind and gas turbines and automation systems to high-speed trains and M.R.I. machines, it's understood that taking action is not just prudent - it's profitable.

"That's why, today, we are committing to cut our global carbon footprint in half by 2020 and to make our global operations carbon neutral by 2030. We will accomplish this by eliminating a vast majority of our carbon emissions, while also supporting projects that reduce greenhouse gas emissions outside of Siemens, known as carbon offsets. Our net CO2 emissions will be zero."

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At Siemens, says CEO Joe Kaeser, the global industrial manufacturing company that makes everything from wind and gas turbines and automation systems to high-speed trains and M.R.I. machines, it's understood that taking action is not just prudent - it's profitable.

"That's why, today, we are committing to cut our global carbon footprint in half by 2020 and to make our global operations carbon neutral by 2030. We will accomplish this by eliminating a vast majority of our carbon emissions, while also supporting projects that reduce greenhouse gas emissions outside of Siemens, known as carbon offsets. Our net CO2 emissions will be zero."

Read Full Article

Siemens CEO Says Company Will Be Carbon Neutral Worldwide by 2030