Siemens is targeting a physical CO 2 reduction in its own operations of 55 percent by 2025 and 90 percent by 2030, compared with 2019. By committing to the SBTi, the company supports the goal of the Paris Climate Agreement and thus makes a positive contribution to limiting climate change to 1.5 degrees Celsius. As part of the “DEGREE” sustainability framework introduced in 2021, Siemens is strengthening its existing activities for physical decarbonization along the entire value chain. In 2015, Siemens was one of the first global industrial companies worldwide to commit to CO 2 neutrality in its own operations by 2030. In December 2022, Klöckner & Co won the German Sustainability Award (“Deutscher Nachhaltigkeitspreis”) in the Climate Transformation category for its outstanding commitment to resource-conserving business. In addition, the company is committed to reducing emissions at every link in the value chain to net zero by 2050 in line with the Science Based Targets initiative (SBTi). Combining this with a comprehensive range of logistics and circularity solutions as well as Sustainable Advisory Services (SAS), Klöckner & Co supports its customers in building sustainable supply chains. In this way, Klöckner & Co ensures complete transparency for its customers regarding their CO 2 footprint – from raw material extraction to production. Under Nexigen ®, the company offers transparent, CO 2-reduced solutions in the areas of materials, operations and logistics.

Partnership benefits both companies in achieving their decarbonization goalsīuilding sustainable business models is a central part of Klöckner & Co’s strategy. Together, we also aim to drive decarbonization in steel production through innovative products and solutions.” Reliable and experienced partners like Klöckner & Co are helping us achieve this. Uli Bauer, Vice President Corporate Category Manager Metals, Siemens AG: “Further decarbonization along our value chain is a key component of our sustainability strategy. We are very pleased to support our long-standing customer Siemens in developing new products and achieving its sustainability goals by supplying green steel.” One of the aims of the partnership is to open up access to larger quantities of green steel for Siemens.įrancois-David Martino, CEO of Becker Stahl-Service: “Under our umbrella brand Nexigen ®, we enable our customers to build sustainable value chains. To this end, the two companies intend to expand their cooperation. This means that CO 2 emissions during production were over 80 percent lower compared with conventional steel production.īoth Klöckner & Co and Siemens have set themselves ambitious sustainability targets. The steel products supplied fall within the two most sustainable categories – “PRO” and “PRIME” – in the Nexigen ® categorization for green steel developed by Klöckner & Co. The steel in question is galvanized sheet steel that Siemens Smart Infrastructure will test in the manufacture of switchgear and power distribution systems. Official handover of the first batches took place yesterday at Siemens subsidiary Alpha Verteilertechnik in Cham. In total, the company has delivered around 40 metric tons of green steel to two Siemens plants in Frankfurt and Cham, Germany, via its subsidiary Becker Stahl-Service.

As part of a strategic partnership, the two companies are working together to secure further quantities of green steel for Siemensĭuisburg, Germany, Decem– Klöckner & Co has handed over an initial tranche of CO 2-reduced steel (“green steel”) to Siemens.Official handover of the first batches at Siemens subsidiary Alpha Verteilertechnik in Cham, Germany.Delivery of an initial 40 metric tons of CO 2-reduced steel to Siemens.

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