Siemens will launch its CO2 reduction program next fiscal year. Under the program, some €40 million will be invested at 15 different manufacturing locations worldwide to improve energy efficiency. Siemens' new Munich headquarters building ‒ which is to meet the highest standards for environmental friendliness, resource conservation and sustainable construction ‒ will make a major contribution in this regard.
Siemens' Environmental Portfolio bundles the company's technologies in the area of energy efficiency and CO2 reduction. In fiscal 2014, the Portfolio generated sales of €33 billion, or 46 percent of Siemens' total revenue. Solutions from Siemens enabled customers to reduce their CO2 emissions by 428 million metric tons ‒ an amount equal to half of Germany's total carbon dioxide emissions.
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