Category: Siemens Energy

New company, outdated business model: Siemens Energy fails on climate and human rights

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Ahead of Siemens Energy’s first annual general meeting, environmental and human rights organizations are seeing the company headed in a critical direction. Serious human rights issues and the adherence to coal and gas transactions weigh heavily on the future sustainability of the company. “Previously announced job cuts are the price Siemens Energy is paying for its ignorance in connection with the global energy revolution. The announced coal phase-out is half-hearted and the path beyond fossil energy, which should be adequately respecting international and human rights, is missing“, says Regine Richter, energy campaigner from the environmental and human rights organization Urgewald. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/siemens-energy-2/new-company-outdated-business-model-siemens-energy-fails-on-climate-and-human-rights/

Countermotions

Re Agenda item 2: To ratify the acts of the members of the Executive Board

The Association of Ethical Shareholders Germany requests that the acts of the members of the Executive Board not be ratified.

Supporting information:

The climate protection measures announced by the Executive Board of Siemens Energy AG do not live up to the Paris Agreement. A concrete roadmap for the company to cut its own greenhouse gas emissions in line with the objective of the Paris Agreement to limit global warming to 1.5 degrees Celsius is urgently needed. A swift reduction in the CO2emissions produced from the use of Siemens Energy products (Scope 3 emissions) is vital for that. Weiterlesen

Permanent link to this article: https://www.kritischeaktionaere.de/en/siemens-energy-2/countermotions-2021-2/