Siemens 2010 Annual Report Download - page 17

40 Directions 56 One Siemens 64 Vision
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WALK THE TALK
We’ve defined sustainability targets for all relevant
areas of our company, and we’re well on the way to
achieving them. A prime example here is our envi-
ronmental program, which aims to improve our
company’s CO2 efficiency (emissions relative to
revenue) 20 percent by the end of fiscal 2011, com-
pared to 2006. That’s why we plan to invest up to
€100 million by the end of 2012 to make our produc-
tion facilities even greener. For example, as part of
our energy efficiency program, we’ve already con-
ducted “energy health checks” at some 100 major
facilities. At the same time, we’ve launched a pro-
gram to track the environmental performance of
our suppliers – reflecting our commitment to be-
coming the world’s first industrial company with
a supply chain that’s ecofriendly from end to end.
We’re also using water much more efficiently. Our
target here is to cut consumption at our company
20 percent by fiscal 2011, compared to 2006.
STAKEHOLDER ENGAGEMENT
We’re intensifying our communication with our
stakeholders as well as our partnerships with other
organizations. To support the ongoing develop-
ment of our sustainability strategy, we’ve set up
a high-level panel of experts, the Siemens Sustain-
ability Advisory Board.
www.siemens.com/sustainability
Market and technology leadership
Size alone is no guarantee of sustainable growth.
Only a company that’s also a technology leader can
achieve business success and profitable growth in
the long term. Leadership in tomorrow’s innova-
tion-driven growth markets and leadership in tech-
nologies for these markets are two sides of the
same coin. And that coin is success.
Our power of innovation is making us strong:
already today, roughly two-thirds of our revenue is
generated by businesses that are No. 1 or No. 2 in
their markets. That’s an outstanding starting point.
Building on this performance, we now intend to
maintain and expand the positions we’ve already
achieved – meeting the challenge to excel while
demonstrating exemplary corporate responsibility.
“Whoever delivers the best results will ultimately
come out ahead, and I always prefer to advertise
with achievements rather than words.”
Werner von Siemens, January 18, 1876