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Lisa Davis CEO Global Energy, Member of the Managing Board

Our goal to become carbon neutral is an extension of the work we do every day to deliver sustainable technologies for our customers — balancing people, planet and profit.

At Siemens, we supply environmentally sound products and solutions for industrial, commercial, municipal and institutional customers. Our portfolio includes fuel-efficient gas turbines, high-speed electric locomotives, digital grids, wind turbines, optimized drive technologies for manufacturers, building automation and energy-efficient health care equipment.

In the last fiscal year, Siemens’ environmental portfolio has enabled our customers and partners around the world to reduce their carbon dioxide emissions by 521 million tons. That’s about 10 times the annual amount of carbon produced in New York City.

We are proud to be one of the world’s most sustainable companies, having been recognized in the Dow Jones Sustainability Index (DJSI) each year since the survey was first published in 1999. Last year, Siemens once again was named as a leader in DJSI’s “Industrial Conglomerates” group. We received top marks in nine of the 20 DJSI categories, including customer and environmental management as well as corporate citizenship.

With about 50,000 employees spread across all 50 states and Puerto Rico, Siemens stands ready to deliver resource-saving technologies as the United States continues to modernize energy systems, transportation networks, factories, hospitals and cities — guided by a strong commitment to the core principles of sustainability.

In 2015, we launched a bold effort to cut our global greenhouse gas emissions in half by 2020 and to become carbon neutral by 2030 — the first major industrial company to make such a pledge.

To achieve this ambitious goal, we’re targeting facilities, vehicles and fuel. We’re making our buildings and factories more energy efficient while simultaneously increasing the use of distributed energy systems. We’re expanding the deployment of low-emission vehicles and e-mobility concepts in our worldwide car fleet. And we’re moving toward a clean energy mix by increasingly acquiring electricity from sources that emit little or no carbon dioxide — such as wind power and hydroelectric power.

These efforts are already yielding results. Siemens has reduced operative carbon emissions by 20 percent since fiscal year 2014 — from 2.2 million to 1.7 million tons.

With this initiative, we want to demonstrate that using low-carbon technologies isn’t just good for the environment — it’s also good for business. By 2020, for instance, we expect that our $110 million investment in energy efficiency programs will set the stage for $20 million in annual energy savings thereafter.

Our goal to become carbon neutral is an extension of the work we do every day to deliver sustainable technologies for our customers — balancing people, planet and profit.