SIEMENS HEALTH.AG.
SHL.XETRA | Manufacture of irradiation, electromedical and electrotherapeutic equipment
Siemens Healthineers AG is a global medical technology company. It provides a wide range of products, services, and solutions in diagnostic and therapeutic imaging, laboratory diagnostics, and molecular medicine, as well as digital health services and enterprise services. The company's offerings inc...Show More
Better Health for All
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Siemens Healthineers' core business, encompassing diagnostic and therapeutic imaging, laboratory diagnostics, and molecular medicine, is entirely devoted to health improvement, reaching 2.6 billion patient touchpoints in fiscal year 2024
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and 3 billion in fiscal year 2025.
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The company reports no products with significant negative health impacts. Siemens Healthineers provided 5 million hours of training for healthcare professionals in fiscal year 2025,
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with a goal of 6 million hours by 2030.
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It also implemented apprenticeship programs to address shortages of radiologic technologists.
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During the COVID-19 pandemic, the Siemens Foundation contributed $3.53 million in cash
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and $2.475 million in-kind donations for vaccine outreach, test kits, and emergency grants to health centers.
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Fair Money & Economic Opportunity
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Siemens Healthineers is a medical technology company and does not primarily operate as a financial institution offering lending or deposit services to consumers.
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While the company provides financing solutions to healthcare providers
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and participates in initiatives like the Africa Medical Equipment Facility (AMEF) to support smaller healthcare operators in acquiring medical equipment
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, these activities are business-to-business. The company does not offer consumer-facing financial products, APRs, fee structures, or loan books to evaluate against the consumer-focused metrics of the 'Fair Money & Economic Opportunity' value.
Fair Pay & Worker Respect
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82% of Siemens Healthineers employees consider it a great place to work.
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There was one substantiated employment discrimination violation in 2024 for Siemens Healthcare Diagnostics Inc.
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Fair Trade & Ethical Sourcing
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No specific quantitative data was provided in the articles to assess the company against the defined KPIs for Fair Trade & Ethical Sourcing. While Siemens Healthineers has a Code of Conduct for suppliers emphasizing ethical standards, including the prohibition of forced and child labor, fair wages, and a Responsible Minerals Sourcing Policy to avoid sourcing from conflict-affected areas, the articles do not provide percentages for fair-trade certified spend, audit frequency, number of labor incidents, supply chain traceability coverage, remediation speed, ethical clause coverage in contracts, share of high-risk materials, or supplier diversity spend.
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Honest & Fair Business
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Siemens, whose sustainability approach Siemens Healthineers follows, incurred one permit-related fine over US$10,000 in fiscal 2024.
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The company achieved an EcoVadis score of 80 in 2024, placing it in the top 1% of companies assessed worldwide, and was placed on the CDP Climate Change A list.
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Siemens has a 24/7 anonymous whistleblower hotline in 13 languages, managed by a third-party, and protects whistleblowers from detrimental treatment for good faith reports.
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91% of employees were trained on Business Conduct Guidelines, which includes compliance violations.
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The company also has a globally binding, all-encompassing zero-tolerance anti-corruption policy, and suppliers with potential sustainability risks are subjected to in-depth assessments by external audit experts.
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Kind to Animals
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Siemens Healthineers offers multispecies animal testing solutions.
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The company does not actively innovate in animal-free testing alternatives.
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Furthermore, specific animal welfare policies are not highlighted.
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No War, No Weapons
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Siemens Healthineers' core business is centered on developing, manufacturing, and distributing medical devices and technologies, with its operations not involving arms production or military contracts.
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The company received a $12.38 million contract from the DoD for SARS-CoV-2 antigen tests, which was explicitly for healthcare collaboration rather than military engagement.
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While some imaging technologies could potentially have dual-use capabilities, the company specifically markets these products for medical purposes and not for military use.
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AI-supported applications are utilized in medical technology, with no indication of military use.
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There is no evidence of sales to embargoed or sanctioned regimes, and no known involvement in military contracts or arms production, indicating zero exposure to controversial weapons.
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Planet-Friendly Business
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Siemens Healthineers' near- and long-term emissions reduction targets are officially validated by the Science Based Targets initiative (SBTi) and are aligned with the 1.5°C pathway.
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The company increased the share of renewable energy at its sites to 89% in fiscal year 2024.
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Its water withdrawal intensity was 161.81 cubic meters per million € revenue in fiscal year 2024, and the material recycling rate was 82% in the same year.
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In fiscal year 2025, 39.6% of capital expenditures were aligned with the EU Taxonomy.
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54% of the relevant hardware, software, and service portfolio incorporates Robust Eco Design.
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The company uses 22% secondary components in its products and materials.
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35% of total water consumption is sourced from water-stressed areas.
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Siemens' climate-related disclosures are aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), and no assets at risk from climate transition were identified for Siemens without Siemens Healthineers.
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Respect for Cultures & Communities
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The company has no reported cultural appropriation incidents.
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Safe & Smart Tech
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Siemens Healthineers demonstrates a commitment to ethical AI, emphasizing the critical need for inclusive training data to mitigate bias
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and making significant investments in data quality for AI in medical imaging
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. The company has achieved ISO/IEC 27001:2022 and ISO/IEC 27701:2019 certifications for its Cybersecurity Management System
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. It incorporates privacy by design and by default into its products, embedding data protection measures from early development stages
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. Furthermore, Siemens Healthineers is committed to adhering to privacy laws, including HIPAA and GDPR
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, as evidenced by a detailed Patient Data Privacy Statement outlining robust protection policies and technical safeguards for Protected Health Information (PHI)
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Zero Waste & Sustainable Products
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The company demonstrates strong commitment to product durability, with Atellica analyzers potentially doubling their operational lifetime through refurbishment.
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It has implemented over 10 waste reduction initiatives, including specific chemical eliminations and exploring battery recycling, some with measurable results.
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Hazardous waste management is excellent, involving qualified third-party disposal, PCB design optimization, and proactive elimination of hazardous chemicals.
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The company has ambitious waste reduction targets, aiming for a 50% reduction in waste-to-landfill by 2025 and zero by 2030, having already surpassed the 2025 target.
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Circular design principles are applied to several product categories, with a focus on sustainable materials and value recovery.
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Supplier waste requirements include compliance with an environmental Code of Conduct and specific mandates for recyclable shipping crates.
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However, the company incurred one significant waste disposal incident resulting in a fine over US$10,000.
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