Siemens Energy AGSiemens Energy AG - ESG Rating & Company Profile powered by AI

Industry Group:Heavy Electrical Equipment

This Disclosure rating includes seventeen UN Sustainable Development Goals including: 'Gender Equality', 'Sustainable Cities & Communities' and 'Life below Water'. Other corporations in the rating peer group for Siemens Energy AG are shown below. Jump to the bottom of the page for potential risks for Siemens Energy AG based on sector, location and size.

Siemens Energy AG in the Heavy Electrical Equipment industry gained a UN SDG ESG Transparency Score of 8.3; made up of an environmental score of 8.0, social score of 8.0 and governance score of 8.0.

SDG Transparency Score for Siemens Energy AG 
Low
0 - 3
Medium
4 - 6

8.3

High Impact
7 - 10
Last Score Update: 2023-07-01
What drives the score for Siemens Energy AG 
8.0

Environmental

8.0

Social

8.0

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Ge T&D India Ltd
8.5
High
2Alstom SA
8.4
High
3Siemens Energy AG
8.3
High
3Vestas Wind Systems A/S
8.3
High
5Bharat Heavy Electricals Ltd
8.2
High
.........
223Vladimirskiy elektromotornyi zavod OAO
0.0
Low
223Zaporizhtransformator PAT
0.0
Low
.........
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Frequently Asked Questions

Does Siemens Energy AG have an accelerator or VC vehicle to help deliver innovation?

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Does Siemens Energy AG disclose current and historical energy intensity?

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Does Siemens Energy AG report the average age of the workforce?

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Does Siemens Energy AG reference operational or capital allocation in relation to climate change?

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Does Siemens Energy AG disclose its ethnicity pay gap?

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Does Siemens Energy AG disclose cybersecurity risks?

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Does Siemens Energy AG offer flexible work?

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Does Siemens Energy AG have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Siemens Energy AG disclose the number of employees in R&D functions?

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Does Siemens Energy AG conduct supply chain audits?

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Does Siemens Energy AG disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Siemens Energy AG conduct 360 degree staff reviews?

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Does Siemens Energy AG disclose the individual responsible for D&I?

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Does Siemens Energy AG disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Siemens Energy AG disclose current and / or historical scope 2 emissions?

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Does Siemens Energy AG disclose water use targets?

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Does Siemens Energy AG have careers partnerships with academic institutions?

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Did Siemens Energy AG have a product recall in the last two years?

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Does Siemens Energy AG disclose incidents of discrimination?

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Does Siemens Energy AG allow for Work Councils/Collective Agreements to be formed?

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Has Siemens Energy AG issued a profit warning in the past 24 months?

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Does Siemens Energy AG disclose parental leave metrics?

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Does Siemens Energy AG disclose climate scenario or pathway analysis?

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Does Siemens Energy AG disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Siemens Energy AG disclose the pay ratio of women to men?

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Does Siemens Energy AG support suppliers with sustainability related research and development?

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Does Siemens Energy AG disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Siemens Energy AG reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Siemens Energy AG involved in embryonic stem cell research?

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Does Siemens Energy AG disclose GHG and Air Emissions intensity?

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Does Siemens Energy AG disclose its waste policy?

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Does Siemens Energy AG report according to TCFD requirements?

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Does Siemens Energy AG disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Siemens Energy AG disclose energy use targets?

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Does Siemens Energy AG disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Siemens Energy AG have a policy relating to cyber security?

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Potential Risks for Siemens Energy AG
These potential risks are based on the size, segment and geographies of the company.

Siemens Energy AG operates as an energy technology company worldwide. It operates in two segments, Gas and Power; and Siemens Gamesa Renewable Energy. The company provides gas and steam turbines, generators, gas engines, instrumentation and controls, and electrical systems, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and transformers, air and gas-insulated switchgears, AC transmission systems, offshore windfarm grid connections, high voltage direct current transmission systems, high voltage substations, digital solutions and components, and other products. It also offers rotating equipment that includes industrial and aero-derivative gas turbines, turbo- and reciprocating compressors, power generation products, and compression trains and modules, as well as solutions in the fields of electrification, automation and digitization, plant safety, plant security, and water treatment. In addition, the company develops technologies in the fields of decarbonized energy and storage systems. Further, it offers onshore wind turbine design, engineering, manufacturing, and installation solutions for onshore markets; offshore wind turbine equipment design, manufacturing, and installation solutions; and operation and maintenance services for wind farms. The company serves utilities, independent power producers, project developers, oil and gas, transmission and distribution system operators, and industrial and infrastructure customers. Siemens Energy AG was founded in 1866 and is based in Munich, Germany.

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