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Siemens to be climate neutral by 2030

By Niranjan Mudholkar,

Added 25 September 2015

CO2 emissions to be cut 50 percent as early as 2020.

Siemens will launch its CO2 reduction program next fiscal year. Under the program, some €40 million will be invested at 15 different manufacturing locations worldwide to improve energy efficiency. Siemens' new Munich headquarters building ‒ which is to meet the highest standards for environmental friendliness, resource conservation and sustainable construction ‒ will make a major contribution in this regard.

Siemens' Environmental Portfolio bundles the company's technologies in the area of energy efficiency and CO2 reduction. In fiscal 2014, the Portfolio generated sales of €33 billion, or 46 percent of Siemens' total revenue. Solutions from Siemens enabled customers to reduce their CO2 emissions by 428 million metric tons ‒ an amount equal to half of Germany's total carbon dioxide emissions.
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