Siemens 2008 Annual Report Download - page 30

24 Products and solutions – The Siemens Environmental Portfolio
Our Environmental Portfolio encompasses the entire energy chain – from power generation and
distribution to the efcient use of energy in industry, households and transportation to cutting-
edge technologies for water management and air pollution control. In scal 2008, our Portfolio –
including newly added wind farm components – generated sales of some €19 billion, about a quar-
ter of our total revenue. In scal 2007, revenue from products and solutions in the Portfolio came
to roughly €17 billion. We’re now aiming to increase revenue from our Environmental Portfolio to
€25 billion in 2011.
The energy-efcient offerings and renewable energy technologies comprising the Siemens Envi-
ronmental Portfolio are helping customers maximize cost efciency in the areas of power genera-
tion, distribution and consumption. They’re also making a major contribution to climate protec-
tion. The products and solutions we installed in 2008 alone are cutting our customers’ annual CO2
emissions by some 34 million tons. The reductions attributable to all of our Portfolio installations
since 2002 amount to about 148 metric tons annually – roughly the total CO2 output of New York,
Tokyo and Berlin. In the years to come, we aim to substantially expand the role of our Environmen-
tal Portfolio in mitigating climate change. The target: by 2011, we intend for our customers to
have slashed their annual CO2 emissions by 275 million tons – an amount equal to the combined
annual CO2 output of six large cities.
We’ve developed and applied the concepts, criteria and processes on which our Environmental
Portfolio and environmental targets are based in accordance with the highest technical and profes-
sional standards. In scal 2007, for the rst time, the independent auditors Pricewaterhouse-
Coopers (PwC) reviewed and conrmed our annual gures for the revenue and CO2 abatement
generated by our Portfolio as well as the methodology we used in making our calculations. The
auditors based their review on criteria established by the Greenhouse Gas Protocol Initiative of the
World Business Council for Sustainable Development and World Resource Institute. For scal 2008,
we will again commission an independent review of the gures and methodology relating to our
Environmental Portfolio.
Detailed information on the goals of the Siemens Environmental Portfolio, the products and solutions comprising it and the
methods used to calculate its environmental impact is provided in the brochure Energy efciency and environmental care – Inno-
vation for climate protection. The brochure also contains the complete PwC assurance report for scal 2007. This report as well
as additional information on the Siemens Environmental Portfolio is available at: www.siemens.com/environmentalportfolio
The Siemens Environmental Portfolio
We supply a broad range of products and solutions for protecting the
environment and the world’s climate. Offerings that make a veriable
contribution to minimizing our customers’ environmental footprint
qualify for inclusion in the Siemens Environmental Portfolio.