Siemens 2010 Annual Report Download - page 132

6 To our shareholders 21 Corporate Governance 49 Combined management’s discussion and analysis
50 Business and operating environment
78 Fiscal  – Financial summary
81 Results of operations
98 Financial position
110 Net assets position
113 Overall assessment of the economic position
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Organization
The Siemens Sustainability Board, which is chaired by the
Chief Sustainability Officer, a member of our Managing
Board, is the central steering committee for sustainability at
Siemens. In its regular meetings, it sets our sustainability strat-
egy and adopts appropriate measures and initiatives. Our Chief
Sustainability Officer also manages the Sustainability Office,
which is responsible for implementing the sustainability strat-
egy and for coordinating company-wide programs and mea-
sures.
To help us maintain an objective perspective on our sustain-
ability challenges and performance, we have also created the
Siemens Sustainability Advisory Board composed of nine
eminent figures in science and industry from a range of disci-
plines and regions of the world. None are employees of
Siemens. The Board meets at least twice a year, and through
professional exchanges and concrete initiatives is expected to
contribute to the further development of our sustainability
program.
Principles, guidelines and performance
Our sustainability efforts are generally based on our Business
Conduct Guidelines, which provide the ethical and legal frame-
work within which we conduct our business activities. They
contain the basic principles and rules for our conduct within
our Company and in relation to our external partners and the
general public. Specific issues, such as those relating to the
environment, are covered in more detailed regulations and
guidelines. This comprehensive set of rules is generally bind-
ing for all companies controlled by Siemens.
In addition to our own guidelines, Siemens is actively engaged
with leading global sustainability organizations, such as the
World Business Council for Sustainable Development (WBCSD),
and committed to international standards and guidelines for
sustainability. For example, we signed on to the United Nations
Global Compact in  and became a signatory to the Global
Compact’s CEO Water Mandate in . We regularly report on
our sustainability performance using the current guidelines of
the Global Reporting Initiative (GRI), which aims at higher
transparency and comparability for corporate sustainability
reporting.
Siemens has been named to the widely respected SAM Dow
Jones Sustainability Index for eleven straight years, and was
ranked as Sector Lead within the sector Diversified Industrials
in . We also earned high rankings on a number of other
indexes and rankings, including those created by the presti-
gious Carbon Disclosure Project (CDP). The CDP rated Siemens
as the best company worldwide in the  Carbon Disclosure
Leadership Index (CDLI) and included Siemens in its Carbon
Performance Leadership Index (CPLI).
Sustainability Board
Sustainability Board
Chief Sustainability Officer
Head of
Corporate
Legal and
Compliance
CEO of
OSRAM
(Industry)
CEO of
Renewable
Energy
(Energy)
CEO of
Imaging & IT
(Healthcare)
Head of
Corporate
Finance –
Reporting
and
Controlling
Corporate
Technology
Head of
Corporate
Development
Strategy
Head of
Environ-
mental
Protection,
Health
Management
and Safety
Head of
Corporate
Communi-
cations and
Government
Affairs
Corporate
Human
Resources