Energy demand and climate change – challenge and opportunity
Increasingly extreme weather events and rising sea levels are unmistakable signs of one of the biggest challenges of our time: climate change. At the same time, around 850 million people still live without reliable access to electricity, which is the foundation of sustainable development.One thing is clear: Business as usual is not an option. It is critical to act now to protect the climate while meeting the growing energy demand.
With a strong and resilient portfolio along significant parts of the energy value chain, we are a partner of choice for our stakeholders and shaper of the energy transition worldwide. While supporting the company purpose “We energize society”, we contribute to most of the United Nations’ Sustainable Development Goals (SDGs) directly or indirectly.
To ensure maximum impact, we focus our activities on SDG 5, 7, 8, 9, and 13.
Our commitment worldwide – selected examples
Let’s go on a journey to show you how our portfolio helps our customers bridge the energy divide, while transitioning to a low-carbon energy system.
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Modern Slavery
Siemens Energy fully supports the aims of the Modern Slavery Act 2015 (the “Act”) and is committed to operating a zero tolerance approach to forced labour, slavery and human trafficking in any form, in any part of our business or supply chain. As part of the worldwide Siemens Energy group of companies, sustainable practices are firmly anchored in our corporate culture, based on our company values of caring, agile, respectful, and accountable.
We apply globally-binding principles that require all employees and managers to behave in an ethical, law-abiding manner. We act responsibly to support economic, environmental and social progress. We will continue to apply a zero tolerance approach to forced labour, slavery and human trafficking in any form, in our business and supply chain. We take our responsibility towards the community very seriously.
Here you will find Siemens Energy’s formal statutory statements on the prevention of slavery and human trafficking introduction for the last financial year, made pursuant to section 54 of the Act.
Siemens Energy Industrial Turbomachinery Limited
Industrial Turbine Company (UK) Limited