Berlin, GERMANY - At Siemens Energy, 90% of the electricity required for its operations comes from renewable sources.

Siemens Energy has announced that they have improved in almost all areas of sustainability this past year, as reflected in its fiscal year 2022 Sustainability Report, published today.

"Global demand for electricity will increase by 25% by 2030," said Christian Bruch, CEO and Chief Sustainability Officer for Siemens Energy. "Satisfying this hunger for energy sustainably, safely, and affordably is one of the core tasks of our time. Our mission is to support our customers in their transformation to greater sustainability. But this also means we must set a good example and apply the highest standards in our operations."

A key reason for the company's success in reducing greenhouse gases is its use of renewable energies. At Siemens Energy, 90% of the electricity required for its operations comes from renewable sources. The planned target was 84%. Conventional contracts were replaced more quickly by new agreements or supplemented by guarantees of origin, where it was impossible to purchase renewable energy directly from the supplier. By September 30, 2023, electricity demand is expected to be covered entirely by green energy.

Source:  Siemens Energy