In fiscal 2012, revenue from Siemens' Environmental Portfolio climbed 10% to EUR 33 billion. The company's ecofriendly products and solutions are now generating faster revenue growth than its other businesses. Green technologies, which have been consistent growth drivers at Siemens since 2008, now account for 42% of the company's total business. In fiscal 2012, offerings from Siemens' Environmental Portfolio enabled customers to cut CO2 emissions worldwide by 332 megatons an amount equal to 40% of Germany's total annual CO2 emissions.
Ms Barbara Kux member of Siemens' Managing Board and the company's Chief Sustainability Officer said that"As the revenue development of our Environmental Portfolio over the last few years demonstrates, the market for green technologies offers attractive business opportunities. In fiscal 2012 alone, revenue from our Environmental Portfolio increased 10% to over EUR 33 million – a new record. Since 2008, the Portfolio has grown by over 50%. We're extremely pleased to have been ranked the most sustainable industrial company in the Dow Jones Sustainability Index as well as by the recognition that our sustainability strategy is receiving from other important external organizations"
Siemens' Environmental Portfolio includes products and solutions from all four of the company's Sectors: Industry, Energy, Healthcare and Infrastructure & Cities. Enhancing energy efficiency is a major driver for sustainable development worldwide.
