Siemens honored for commitment to sustainability and climate protection
Munich, Sep 25, 2006 - Siemens has received a number of awards for its commitment to sustainable development and its efforts in the area of climate protection. The company has been listed on the Climate Leadership Index of the Carbon Disclosure Project (CDP), an investors’ initiative, for the second time and on the Dow Jones Sustainability Index (DJSI) for the seventh time in a row.
“When making investment decisions, investors are increasingly taking into account the risks and opportunities of climate change as well as its effects on key industries like energy management and environmental technology,” noted Joe Kaeser, Siemens CFO. “For this reason, we are very pleased that investors have also given high marks to Siemens’ strategy in the area of sustainability. This strengthens our efforts to continue succeeding with innovative products and solutions in these market segments.”
The CDP investors’ initiative comprises 225 institutional investors, who administer assets totaling US$31,500 billion. The Climate Leadership Index lists the top 50 companies on the FT 500 Index and evaluates – on the basis of an independent survey – companies’ climate protection strategies as well as their measures to reduce emissions. Companies are selected in ten sector-specific categories. Siemens is among the top companies in the Index’s Industrial Conglomerates category.
Siemens also appears on the Dow Jones Sustainability Index 2006, which was likewise published in September, for the seventh time in a row. Based on the Dow Jones Indexes, STOXX Limited and the SAM Group, the Dow Jones Sustainability Indexes contain the ten to 20 percent of the companies on a sector’s World and European Indexes that have achieved the best results in terms of economic, environmental and social criteria.
Since their launch in 1999 and 2001, respectively, Siemens has regularly held a top position on the Dow Jones Sustainability World Index (DJSI World) and the European Dow Jones STOXX Sustainability Index (DJSI STOXX).
Siemens (Berlin and Munich) is a global powerhouse in electrical engineering and electronics. The company has around 461,000 employees working to develop and manufacture products, design and install complex systems and projects, and tailor a wide range of services for individual requirements. Siemens provides innovative technologies and comprehensive know-how to benefit customers in 190 countries. Founded more than 155 years ago, the company focuses on the areas of Information and Communications, Automation and Control, Power, Transportation, Medical, and Lighting. In fiscal 2005 (ended September 30), Siemens had sales from continuing operations of €75.4 billion and net income of €2.248 billion. Further information is available on the Internet at: www.siemens.com.
Reference number: AXX200609.55 d
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- Wolfram Trost
- Siemens AG
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