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    SIE   DE0007236101

SIEMENS AG

(SIE)
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Siemens is number one in sustainability

11/18/2021 | 10:01am EST

In the Dow Jones Sustainability Index (DJSI), Siemens has taken first place among the 45 companies included in the ranking of its industry group.

The DJSI is a globally established sustainability ranking prepared annually by the investment company Standard & Poor's on behalf of index provider Dow Jones. Siemens has been included in this ranking every year since 1999, when the DJSI was first published.

In the current ranking, which was published on November 12, 2021, Siemens received a very positive overall assessment and scored 81 out of 100 possible points. The company also secured a top global position in the areas of social and environmental reporting, innovation, and cyber security as well as in product- and industry-related environmental protection. In addition to economic criteria, the DJSI also considers ecological and social aspects.

'For us, sustainability is a business imperative and an integral part of the company strategy,' said Judith Wiese, Chief People and Sustainability Officer and member of the Managing Board of Siemens AG. 'This recognition, therefore, confirms that our strategy is on the right track. With our new DEGREE framework, we're taking yet another step forward and have once again considerably intensified our efforts for achieving more sustainability.'

Siemens presented DEGREE at its Capital Market Day in June 2021. This new strategic framework is the guideline for all Siemens businesses worldwide - with clearly defined priorities and measurable ambitions across the environment, social and governance (ESG) sustainability dimensions. Each letter in DEGREE stands for a dimension in which Siemens intends to put even more effort into driving progress: 'D' stands for decarbonization, 'E' for ethics, 'G' for governance, 'R' for resource efficiency, and the double 'E' at the end for equity and employability for the people who work for Siemens.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of EUR62.3 billion and net income of EUR6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide.

Contact:

Florian Martini

Tel: +49 (174) 155 2072

Email: florian.martini@siemens.com

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SIEMENS AG -0.24% 141.94 Delayed Quote.-6.60%
SIEMENS ENERGY AG -0.09% 22.38 Delayed Quote.-0.27%
SIEMENS HEALTHINEERS AG 1.09% 59.24 Delayed Quote.-10.73%
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Financials
Sales 2022 66 943 M 75 878 M 75 878 M
Net income 2022 6 421 M 7 278 M 7 278 M
Net Debt 2022 35 668 M 40 429 M 40 429 M
P/E ratio 2022 18,0x
Yield 2022 2,85%
Capitalization 114 B 130 B 130 B
EV / Sales 2022 2,24x
EV / Sales 2023 2,09x
Nbr of Employees 303 000
Free-Float 88,0%
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Number of Analysts 25
Last Close Price 142,60 €
Average target price 170,32 €
Spread / Average Target 19,4%
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Roland Emil Busch President & Chief Executive Officer
Ralf Peter Thomas Head-Corporate Finance, Accounting & Controlling
Jim Hagemann Snabe Chairman-Supervisory Board
Hanna Hennig Chief Information Officer
Andreas Christian Hoffmann General Counsel
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