Siemens 2010 Annual Report Download - page 135

113 Report on post-balance sheet date events
114 Report on expected developments and associated
material opportunities and risks
128 Information required pursuant to § () and
§ () HGB and explanatory report
133 Information required pursuant to § () and
§ () no.  HGB and explanatory report
135 Compensation and declaration pursuant to §a HGB
135 Additional information for supplemental
financial measures
138 Siemens AG (Discussion on basis of HGB)
147 Consolidated Financial Statements
261 Additional information

Minimizing safety risks – We place particular emphasis on
minimizing OHS risks throughout our training and education
programs regarding electrical safety, fire protection, road
safety, first aid and emergency evacuation. When accidents do
happen, we meticulously investigate the causes so we can take
steps to prevent recurrences. These efforts address technical
improvements as well as more effective training for both em-
ployees and their managers. We call in outside teams of inde-
pendent experts to investigate the causes of all fatal accidents.
We make the causes known within the affected unit (and oth-
ers, as appropriate) to ensure that the requisite changes are
made to machinery, installations and procedures in order to
prevent recurrences. The safe handling of working materials is
another issue of particular importance to us, and we are pre-
paring a global company program to search for alternatives to
especially hazardous materials.
Promoting health – Our occupational health and safety initia-
tives previously centered on guarding against work-related
health risks. We have now broadened them to include mea-
sures for fostering general health and strengthening employee
health resources. We also created the post of Corporate Medi-
cal Director, a function with worldwide responsibility. The Di-
rector’s task is to unify and steer our health management ac-
tivities worldwide in collaboration with health promotion,
medical services and social counseling.
Environmental protection
Key performance indicators
Year ended September ,
 
Revenue generated by the Siemens
Environmental Portfolio (in billions of €) 27.6 26.8
Annual customer reductions of carbon
dioxide emissions generated by products and
solutions from the Siemens Environmental
Portfolio (in millions of tons; accumulated) 267 214
For Siemens, environmental protection has two aspects. The
first is making a substantial contribution to climate protection
through our Environmental Portfolio. The second aspect is
improving resource efficiency and keeping emissions as low as
possible in the conduct of our own business.
Environmental Portfolio
Our Environmental Portfolio may serve as an example of the
way we strive to align our business activities with the afore-
mentioned megatrends, in this case climate change. The
portfolio contains technologies that reduce impacts on the
environment and minimize carbon dioxide emissions respon-
sible for climate change. The elements of the portfolio fall into
three main categories: products and solutions with outstand-
ing energy efficiency, such as combined cycle power plants,
energy-saving light bulbs and intelligent building technolo-
gies; systems and components for renewable forms of energy,
such as wind turbines and solar power; and environmental
technologies for cleaner water and air.
The qualification of products and solutions for our Environ-
mental Portfolio is based on defined processes and strict crite-
ria. Once a year, the Siemens Sustainability Board decides upon
changes in the Environmental Portfolio. This covers the inclu-
sion of newly developed products and solutions fulfilling our
qualification criteria as well as additionally qualified products
and solutions for which proof for the fulfillment of the qualifi-
cation criteria was previously not available. For additionally
qualified products and solutions, we report their prior-year
revenue and prior-year contribution to reducing customer
carbon dioxide emissions on a comparable basis. Furthermore,
the Sustainability Board takes decisions regarding the exclu-
sion of products and solutions that no longer fulfill our qualifi-
cation criteria from the Environmental Portfolio. To qualify for
the Environmental Portfolio, a product or solution must fall
into one of the three categories mentioned above. The calcula-
tion of the reduction of carbon dioxide emissions is based on
a specific comparison for every relevant product and solution
in the Environmental Portfolio. For this calculation, we focus
on those products and solutions that have a material impact on
the overall carbon dioxide emissions reduction. To determine
the baseline and calculate the reduction in our customers’ an-
nual carbon dioxide emissions, we generally apply one of the
following three methods: direct before-and-after comparison
of the emissions; direct comparison with a reference technol-
ogy; or comparison with the installed base. The described cri-
teria and procedures are reviewed regularly and may be subject
to change.
With our Environmental Portfolio we intend to help our cus-
tomers to reduce their carbon dioxide footprint, cut their en-
ergy costs and improve their profitability through an increase
in their productivity. Our target by  is to help our custom-
ers reduce their annual carbon dioxide emissions by approxi-