How can a global conglomerate keep track of their climate progress?
Net Zero commitments are gaining ground. But climate targets require substance and must be backed by action if they are going to have an impact. Net Zero is about more than commitments; it is about implementing credible strategies, measuring progress and asking the right questions. Do we have the right processes in place to achieve our targets? What impact have our decarbonisation efforts had to date? And are we on track to meet these targets?
Siemens plc understood these questions first-hand. Its parent company, Siemens AG, had recently restarted its Carbon Neutral Program with the goal to reach a Net Zero carbon footprint. To help achieve this multinational corporate goal, Siemens plc wanted to certify its climate progress. As part of this, it sought to assess the impact of its decarbonisation efforts, communicate progress and steer its course towards Net Zero.
Having worked with the Carbon Trust since 2011, Siemens plc joined the Route to Net Zero Standard.