Siemens 2008 Annual Report Download - page 7

Climate change, soaring energy costs, limited resources – these are only a few of the challenges now
facing humankind. By the mid-21st century, our planet will be home to nine billion people, most of
whom will be living in large cities. This development raises questions that we have to answer now.
How can we meet the growing worldwide demand for energy? How can we maximize the reliability
of energy supplies while minimizing their environmental impact? The list goes on and on.
For over 160 years, Siemens has been working to answer such questions. And although the chal-
lenges and needs have changed over time, the source of our inspiration has always remained the
same: responsible people dedicated to creating outstanding innovations.
Today, the Siemens Environmental Portfolio exemplies how, as a global player, we’re honoring
our commitment to sustainable development. Our renewable energy technologies, our exceptionally
energy-efcient products and solutions and our environmental technologies are creating benets
on three fronts. First, for our customers – whose success is being driven by lower energy costs and
higher productivity. Second, for the societies of which we’re a member – by supporting eco friendly
power and environmental protection and enhancing the quality of life for future generations. And
third, for our own Company – which we’re positioning for protable growth in attractive markets.
These are just a few of the ways we’re creating lasting value for our shareholders and customers
while providing answers to the toughest questions of our time.
Peter Löscher
President and Chief Executive Ofcer
Siemens AG