Siemens Mobility has once again achieved top scores in sustainability reporting under the EU Taxonomy. The company is recognized for its efforts in climate change mitigation and reducing ecological footprints in key areas such as the circular economy, water resource management, biodiversity protection, pollution prevention, and climate adaptation.
"This year, our excellent results in the EU Taxonomy again highlight our commitment to being at the forefront of the industry in leading the way to a sustainable future," said Michael Peter, CEO of Siemens Mobility. "Our global technology portfolio effectively reduces CO2 emissions, enabling us to create and offer sustainable mobility solutions for future generations today."
Andreas Mehlhorn, Head of Sustainability at Siemens Mobility, stated that "the high standards for sustainability reporting defined in the EU Taxonomy provide a comparable and externally audited performance indicator for the sustainability of our business." He expressed satisfaction with their results driven by all business areas which demonstrate their portfolio's strengths.
The EU Taxonomy serves as a guide for investors by providing them with audited information to make informed decisions regarding sustainable investments. Siemens Mobility’s alignment with these standards shows customers they are working with a partner committed to supporting sustainable technologies while achieving growth.
Siemens Mobility has demonstrated its capability through major projects like Egypt's 2,000-kilometer high-speed rail system construction. This project includes service business aspects ensuring increased availability and longer service life which helps reduce CO2 emissions.
In 2024, Siemens introduced Mireo Plus B trains with battery hybrid drives in Ortenau, Baden-Württemberg. Since June 2024, Paris metro line 14 utilizes Siemens' latest control technology enhancing capacity and punctuality while minimizing environmental impact.
Additionally, Danish State Railways (DSB) implemented the S3 Passenger inventory system from Sqills to enhance ticket booking management sustainably. These initiatives contribute towards Siemens Mobility's goal of achieving CO2 neutrality by 2030.
By 2020, Siemens had already reduced its CO2 emissions by over half compared to 2014 levels. Almost all locations now operate on green electricity complemented by eco-design principles throughout their value chain conserving natural resources.
The EU Taxonomy provides a classification system defining sustainable economic activities involving two assessment steps: eligibility matching company activities with those covered by the EU followed by compliance checks against environmental and social criteria.