Siemens Energy, Inc.
Energy systems are changing – fundamentally and fast. The importance of individual energy sources and options for power generation are changing, as are the ways in which electricity is transmitted and distributed. Power generation is becoming more and more decentralized making grid management increasingly complex. Electrical consumption continues to steadily rise all over the world. Meeting these challenges requires cutting-edge products and services covering the entire energy value chain. Specifically, it calls for a comprehensive portfolio of physical and digital technologies, products and solutions that allow us to actively build our energy future. The Siemens portfolio ranges from state-of-the-art compressors, turbines and generators to virtual power plants, intelligent grid management and innovative storage solutions – all backed up by exceptional service offerings and genuine commitment to effectively address our customers’ individual needs.
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- Business Type:
- Industry Type:
- Renewable Energy
- Market Focus:
- Globally (various continents)
- Year Founded:
- Over 1000
- more than 1,000,000,000 €
This company also provides solutions for other industrial applications.
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We’re a world-leading supplier of a wide array of products, solutions and services in the field of energy technology. In the drive to create a sustainable energy system based on the more efficient use of fossil resources and renewable energies, electrical power will play a key role. As electricity consumption grows, so does the system’s complexity. The energy chain is rapidly becoming the Power Matrix. Our innovative and efficient products are enabling customers to succeed in an increasingly complex technological and economic environment – particularly in the areas of power generation, power transmission and oil and gas production. With our knowhow, products and core components, we already cover key areas of the Power Matrix.
Siemens is one of the world’s largest providers of green technologies. Products and solutions from our Environmental Portfolio already account for 42% of our total revenue. In fiscal 2012, our roughly 370,000 employees generated revenue from continuing operations of about €78 billion and income from continuing operations of €5.2 billion.
Ever since the company was founded more than 160 years ago, corporate responsibility programs at the local and international levels have sought to contribute to the communities where we live and work. While the focus of these activities has varied, one thing has never changed: Siemens has always demonstrated a strong commitment to society. This commitment continues today through the Siemens Caring Hands and Siemens Generation21 programs.
The Siemens Caring Hands Program
Siemens Caring Hands is the company-wide effort that links employees across the country, believing that one inspired person can make a difference, but together we can change the world.
The Siemens Caring Hands Foundation is a not-for-profit organization recognized under section 501(c)(3) of the Internal Revenue Code. The organization was established for purposes of receiving, maintaining and disbursing funds for sponsoring and encouraging charitable activities .Through various activities, Siemens Caring Hands mobilizes employees to donate their time and talents to worthy causes to carry out Siemens' commitment to impact the communities in which we live and work through volunteerism:
Caring Hands at Work
Caring Hands at Work encompasses a variety of community service activities that enable employees to participate in the workplace, including Giving campaigns, Blood drives, Holiday food and gift collections, etc.
Caring Hands Disaster Relief
Caring Hands Disaster Relief involves employee fund raising in response to natural or local, national or global disasters that impact our employees, operations or business partners. Such campaigns may be initiated by the Siemens Caring Hands Foundation on a need basis when disaster and employee interest merits response on a company-wide basis.
Community Excellence Awards
The Caring Hands Community Excellence Awards are sponsored by the Siemens Caring Hands Foundation and recognize teams of employee volunteers who undertake outstanding and innovative community service projects. In recognition of each team's efforts, the Award includes a cash grant donation for the non-profit organization of involvement.
'Our values are the point of reference for our thoughts and actions. They are the basis for both our aspiration and tradition as a pioneering company that strives to shape our world in a sustainable way. Only when we stay true to our values and vision can we be successful in the long run.'
Demographic change, urbanization, climate change and globalization – these megatrends are creating unprecedented challenges for humankind. The transformations occurring now will have a lasting impact on our world. It’s in light of these profound changes that we’ve defined our goals and the vision for all our business fields:
Siemens – The pioneer in:
- Energy efficiency
- Industrial productivity
- Affordable and personalized healthcare
- Intelligent infrastructure solutions
To be the pioneer of our time – that’s the vision that motivates us in everything we do. And our strategy shows us how to make it a reality. We’re aiming to capture and maintain leading market and technology positions in all our businesses in order to achieve sustainable profitable growth and, thus, continually increase our company value. We intend to reap particular benefit from the megatrends demographic change, urbanization, climate change and globalization. Our strategy is reflected in our three strategic directions:
Our declared aim is to unleash our full potential as an integrated technology company. That means, we’re continually exploiting the advantages of our global presence, financial clout, brand strength, power of innovation and, last but not least, the expertise, commitment and diversity of our employees.
Within our One Siemens framework, we’ve broken our strategic directions down into nine concrete focus areas that will shape our activities in the years to come.