Better Health for All

Siemens Healthineers, a division of Siemens AG, significantly contributes to health outcomes, reaching 3 billion patient touchpoints worldwide in fiscal year 2025.

The company's core business involves medical imaging and diagnostic devices, which provide substantial health benefits. Siemens Healthineers actively works to reach vulnerable populations, including through partnerships with UNICEF in sub-Saharan Africa and SSM Health for underserved populations. The company provided over 5 million hours of training for healthcare professionals in FY2025, with a goal of 6 million hours by 2030. Siemens Healthineers has reduced Scope 1 & 2 emissions by 49% and Scope 3 emissions by 4.5% since 2019. The company responded to the COVID-19 pandemic by providing a corporate hub and strengthening health systems. Siemens Healthineers maintains a comprehensive data protection and security program, including ISO 27001 certification for its SRS platform, and complies with HIPAA and HITECH. The company prioritizes mental health and mental well-being for employees, achieving a full score on the Human Rights Campaign Foundation’s 2023-24 Corporate Equality Index for LGBTQ+ workplace inclusion.

Fair Money & Economic Opportunity

Siemens' MyShare platform has enabled over 90% of its employees worldwide to become shareholders since its launch in 2017.

This initiative includes an educational academy and provides information and guidance on share plans to employees with varying financial literacy levels, directly contributing to wealth building for a significant portion of its workforce. Siemens Financial Services (SFS) has committed $100 million through programs like the Kickstarter Capital Program (launched in 2023) to assist small and medium-sized enterprises (SMEs) in the U.S. with decarbonization projects, emphasizing support for small and minority-owned businesses. Additionally, the Siemens Foundation, in partnership with Northern Trust, has invested a total of $20 million in Community Development Financial Institutions (CDFIs) since 2021 to advance social equity, providing financial assistance to veteran entrepreneurs and supporting affordable housing and healthcare access in underserved communities. However, the articles do not provide the total loan/insurance book size of SFS or the Siemens Foundation to calculate the percentage of these inclusion initiatives. No specific data on pricing fairness, exploitative fees, customer financial data accessibility, fair lending compliance, or product simplicity is available.

Fair Pay & Worker Respect

In FY 2024, the Lost Time Injury Frequency Rate (LTIFR) for employees was 0.22

and for temporary workers was 0.45 . The voluntary employee turnover rate was 4.4% in FY 2024 , and 4% of the workforce was on temporary contracts . The People Net Promoter Score (pNPS) was 41 in FY 2024 . In 2024, Siemens Healthcare Diagnostics Inc. resolved a gender pay discrimination case with the U.S. Department of Labor , agreeing to a settlement of $57,200 in back wages and $24,821 in salary adjustments .

Fair Trade & Ethical Sourcing

Siemens requires all its suppliers to commit to its Code of Conduct for Suppliers and Third-Party Intermediaries, making it a prerequisite for doing business.

100% of new suppliers have signed this Code of Business Conduct. The company has a risk-based approach to materials, with approximately 2,200 relevant suppliers surveyed using the Conflict Minerals Reporting Template. In fiscal year 2024, 23% of input material by value was sourced directly from MSMEs/small producers, following 21% in fiscal year 2023. Siemens conducted 430 External Sustainability Audits (ESAs) and completed 6,878 Corporate Responsibility Self-Assessments (CRSAs) in fiscal 2024, leading to 8,406 and 7,488 agreed improvement measures respectively.

Honest & Fair Business

A former compliance officer alleged whistleblower retaliation, including being stripped of responsibilities and fired, after raising concerns about bypassing anti-corruption assessments.

Siemens has an anti-corruption policy, having increased compliance officers to over 500 worldwide , and implemented mandatory ethics training after the 2008 bribery scandal. The company also enforces a Supplier Code of Conduct with audits and training and committed $120 million to the Siemens Integrity Initiative for combating corruption and fraud through education and training. However, reports from 2021 indicate Siemens overlooked bribery red flags related to third-party resellers in China , highlighting ongoing challenges in enforcing comprehensive ethical practices across international operations.

Kind to Animals

Siemens has demonstrated engagement in wildlife conservation by creating a 45 km2 nature reserve in Brazil

and launching a Biodiversity Enrichment program in Goa, India, which recorded 594 flora specimens and 96 animal species (56 bird, 28 butterfly, 7 moth, 3 reptile, 2 amphibian species). The company also supports nature protection near facilities, creates habitats for insects and small animals, and installs nest boxes. Additionally, Siemens has partnered with Hoofcount to enhance cow welfare in dairy herds through technology , utilizing data capture, remote monitoring, and automation to address lameness.

No War, No Weapons

Siemens has historically conducted business in sanctioned countries like Iran, Sudan, and Syria

. In April 2022, the company began winding down operations in Russia, discontinuing new business while processing existing orders in compliance with international sanctions . Siemens states it thoroughly audits business in sanctioned countries . The company is a participant in the United Nations Global Compact , and its Code of Conduct for suppliers is based on the UN Global Compact .

Planet-Friendly Business

Siemens AG reported total Scope 1, 2, and 3 greenhouse gas emissions of 417,199,000 tCO₂e in fiscal 2024.

The company's 2030 and 2050 emission reduction targets were validated by the Science Based Targets initiative (SBTi) as aligned with a 1.5°C pathway, with defined interim targets and published progress. Siemens aims for operational carbon neutrality by 2030, supported by a clear roadmap and interim milestones. In fiscal 2024, over 90% of purchased electricity was from renewable sources. Water withdrawal intensity was 161.81 cubic meters per million € revenue, though 35% of total water consumption was from water-stressed areas. The material recycling rate for total waste (excluding construction waste) was 82% in fiscal 2024. Regarding sustainable investments, 18.2% of capital expenditure was aligned with the EU Sustainable Taxonomy in fiscal 2024. Robust Eco Design was implemented for 54% of the relevant portfolio in fiscal 2024. For supply chain transparency, 50% of the Scope 3 upstream (Tier 1) footprint was covered by primary data from suppliers in fiscal 2024. The company recorded one significant environmental incident resulting in a permit-related fine over US$10,000 in fiscal 2024. Siemens acts in accordance with TCFD recommendations and conducted climate scenario analysis under net-zero and high-emissions scenarios to test business model resilience.

Respect for Cultures & Communities

Siemens maintains a corporate-wide, transparent, and publicly available complaint and reporting procedure, accessible 24/7 via a multi-language "Tell Us" hotline and an external Ombudsperson.

This mechanism covers global operations and suppliers for human rights violations, with the company aiming to inform complainants of measures taken within three months. In February 2020, Siemens faced criticism for its contract with the Adani Carmichael coal mine project, where indigenous groups alleged the project proceeded without their Free, Prior, and Informed Consent ; Siemens acknowledged concerns but did not suspend the contract. The company has a formal framework for responding to cultural incidents, including investigating suspected violations and triggering corrective actions. Siemens actively protects cultural sites, utilizing its technology to ensure a constant indoor climate for cultural assets at the Berlin State Library and having retrofitted seven other cultural buildings since 2007.

Safe & Smart Tech

Siemens integrates data privacy into its product development through a Privacy by Design Toolkit, which includes mandatory data privacy assessments before product launches

. The company emphasizes transparency, fairness, and responsibility in its AI systems, employing seven mitigation principles to address challenges like AI bias and explainability . Siemens promotes diversity among developers and invests in research to enhance AI robustness, security, and accountability . Furthermore, Siemens has achieved ISO/IEC 27001 certification and Cloud Security Alliance (CSA) STAR Level 1 attestation, demonstrating adherence to robust data protection and cloud security best practices .

Zero Waste & Sustainable Products

Siemens achieved an 82% material recycling rate in its total waste stream (excluding construction waste) in fiscal 2024.

The company has a target of zero landfill waste by 2030 and surpassed its 2025 interim target of a 50% reduction from a fiscal 2021 baseline. In fiscal 2024, 35% of metals used in products were sourced from recycled materials. Its Robust Eco Design approach covers 67% of the relevant portfolio in fiscal 2025. Siemens implements numerous waste reduction initiatives, including a 30% reduction in landfill waste compared to 2021 and a 37% reduction in packaging material tons between FY22 and FY25, alongside a "zero waste to landfill" project in Brazil that reduced waste from 295 metric tons to nearly zero since 2021. The company proactively manages hazardous waste, with a target to reduce Triton by 72% by the end of 2025 and efforts to eliminate other harmful chemicals, although the overall volume of hazardous waste increased by 1% in fiscal 2024. Annual waste audits are conducted for sites with environmental management systems. In fiscal 2024, one significant waste disposal incident resulted in a fine over US$30,000. Suppliers are required to adhere to comprehensive waste program requirements, including environmental safety measures and sustainability principles. For specific products, 82% of medical device components can be recycled for material content.