Siemens 2012 Annual Report Download - page 187

135 D. Consolidated Financial Statements
239 E. Additional Information
130 C. Siemens AG (Discussion on basis of
German Commercial Code)
134 C. Notes and forward-looking statements
129 C. Compensation Report, Corporate Governance
statement pursuant to Section a of the
German Commercial Code, Takeover-relevant
information and explanatory report

.. Sustainability at Siemens
... 
Sustainability is a guiding principle within our Company.
Siemens has defined sustainability to mean acting responsibly
on behalf of future generations to achieve economic, environ-
mental and social progress. We are aware of the associated
high standards and the possibility of conflicting goals. Never-
theless, the aim to create sustainable added value remains a
key element of our corporate strategy. We are convinced that
sustainability, in this sense, is also a business opportunity, and
one that is worth seizing. One Siemens, our framework for
sustainable value creation and capital-efficient growth ad-
dresses this business opportunity with its three strategic direc-
tions: Focus on innovation-driven growth markets, Get closer
to our customers and Use the power of Siemens.
The products and solutions in our Environmental Portfolio and
the innovative power of Siemens play a central role in contrib-
uting to environmental and climate protection while also
strengthening our standing in these innovation-driven growth
markets.
A close customer relationship based on trust and a competi-
tive, globally balanced and localized network of suppliers sup-
ports us in getting closer to our customers all over the world.
Excellent employees are one of Siemens‘ vital strengths as
they play a key role in our success and are the true power of
Siemens. Leveraging the power of Siemens also means strictly
adhering to clear principles of integrity – something we also
expect of our partners and suppliers.
. 
As all these examples clearly show, sustainability is not just
embellishment at Siemens, it’s the central theme of our corpo-
rate strategy. The following chapters will detail this under-
standing and will provide further information on Sustainability
at Siemens.
...  
 
The importance we attach to the topic of sustainability is also
evident in our programs and measures we execute and in the
central positioning within the Company ’s organization. In our
Sustainability Program we focus targets and activities in
three areas: Business opportunities, Walk the talk, and Stake-
holder engagement. In the first area we turn our approach to
sustainability into concrete business opportunities. Walk the
talk means we are committed to embedding sustainability
throughout our organization and operations. In the third area
we focus on collaboration with all relevant stakeholders.
Efficient sustainability management is a company-wide task
that requires a clear organizational structure and a thorough
anchoring of sustainability in our corporate culture. All our
sustainability activities are steered by the Chief Sustainability
Officer, who is a member of our Managing Board. In order to
coordinate and manage our sustainability activities efficiently,
we established the Siemens Sustainability Board, the Sustain-
ability Office and the Siemens Sustainability Advisory Board.
The Siemens Sustainability Board, which is chaired by the
Chief Sustainability Officer, is the central steering committee
for sustainability at Siemens. In its regular meetings, it sets our
sustainability strategy and adopts appropriate measures and
  
Siemens Sustainability Board
Chief Sustainability Officer
Chief
Compliance
Officer
CTO of
Energy
(Energy)
CEO of
Imaging & Therapy
Systems
(Healthcare)
CEO of
Customer Services
(Industry)
CEO of
Low and Medium
Voltage
(Infrastructure &
Cities)
CEO of
Siemens
Financial Services
CEO of
Cluster Brazil
Head of
Corporate
Communications
and Government
Affairs
Head of
Corporate
Strategies
Head of
Corporate Human
Resources – EMEA
and Governance,
Processes
Head of
Environmental
Protection, Health
Management
and Safety
Head of
Corporate
Technology –
Research & Tech-
nology Center
Head of
Corporate Finance –
Reporting and
Controlling
Head of
Corporate Legal
and Compliance