Siemens to introduce sustainable and flexible company car policy (2024)

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        Press Release17 June 2021Siemens AGMunich

        • Focus on ecofriendly vehiclesto help make company carbon neutral by2030
        • New app enables executivesto switch company cars flexibly anytime based on their specific requirements
        • Under the EV100 initiative,Siemens wants to have a fully electric fleet by2030

        In January 2022, Siemenswill introduce a new model for the company cars used by its executive-levelemployees. Currently in the pilot phase, the new model is to be implementedGermany-wide by the beginning of next year. The goal is to provide employeeswith greater access to cars with ecofriendly drive systems and thus give theman additional incentive to use electric vehicles. Siemens’ fleet organizationwill also be more flexible and sustainable since employees will be able choose thetype of electric vehicle they want at any time based on their requirements. Thisspring, the company joined the Climate Group’s EV100 initiative and thus set atarget of transitioning its global fleet to 100percent electric mobilityby 2030.

        • Focus on ecofriendly vehiclesto help make company carbon neutral by2030
        • New app enables executivesto switch company cars flexibly anytime based on their specific requirements
        • Under the EV100 initiative,Siemens wants to have a fully electric fleet by2030

        In January 2022, Siemenswill introduce a new model for the company cars used by its executive-levelemployees. Currently in the pilot phase, the new model is to be implementedGermany-wide by the beginning of next year. The goal is to provide employeeswith greater access to cars with ecofriendly drive systems and thus give theman additional incentive to use electric vehicles. Siemens’ fleet organizationwill also be more flexible and sustainable since employees will be able choose thetype of electric vehicle they want at any time based on their requirements. Thisspring, the company joined the Climate Group’s EV100 initiative and thus set atarget of transitioning its global fleet to 100percent electric mobilityby 2030.

        “When itcomes to achieving a climate-neutral future, additional innovative solutionsfor alternative fleet concepts are one of the primary success factors. Our newfleet management model and app perfectly fit our strategy of achieving adecisive boost in the use of electric and hybrid vehicles and of completing thetransition by 2030,” said Thorsten Eicke, head of global mobility management atSiemens.

        Siemens wantsits own business operations to be carbon neutral by 2030. The new fleet managementmodel is expected to make a major contribution to achieving this goal. Therefore,the company is systematically focusing on electric vehicles. Its fleet ofcompany cars for executive-level employees currently comprises about 1,500vehicles.Electric and hybrid vehicles already account for about 50percent of this total.And the company intends to substantially increase this very high percentage yetfurther by installing more charging stations at Siemens locations and reducing therelatively long lock-in period for leasing contracts.

        Thecompany’s locations in Germany, for example, already boast around 450 charging stations.Another 260 are planned for the summer of 2022. With the Siemens SmartInfrastructure charging card, employees can access more than 40,000chargingstations in Germany’s public charging network. For its charging infrastructure,Siemens relies on its own technology and on infrastructure solutions from SmartInfrastructure Distribution Systems. Wherever possible, the company will also purchaseelectricity from renewable sources so that vehicle charging will further supportit* carbon neutrality goal.

        In addition,Siemens’ new fleet management model will provide greater flexibility. Under themodel, the duration of leasing contracts will be reduced to just one year, and employeeswill be able to switch vehicles anytime. The cost of leasing contracts willvary based on the CO2 emissions of the vehicles selected. What’smore, users of the new model will receive incentives in the form of higher lump-sumtransportation allowances. The model also offers the option of dispensing with companycars entirely. No leasing fees will be charged during periods of non-use.

        Greaterflexibility is required because the basic conditions – and thus therequirements for company cars – have changed fundamentally in recent years due,in particular, to new digital capabilities. This change has been furtheraccelerated by the coronavirus pandemic. Instead of on-site appointments withcustomers, greater emphasis is now placed on virtual communications, therebyreducing the number and length of car trips.

        With its newmodel, Siemens is collaborating with Sixt and using a digital process. With theaid of an app, employees will be able to switch cars on their own with a fewclicks and then pick up their vehicles at the scheduled time at a Sixt locationchosen in advance. The entire process requires no person-to-person contact.

        Siemens’ newfleet management model will be introduced first in Germany. Additional Europeancountries are scheduled to follow. In addition to company cars for executive-levelemployees, Siemens maintains a fleet of 45,000vehicles for servicepersonnel and other frequent company drivers.

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        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, 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 2020, which ended on September 30, 2020, the Siemens Group generated revenue of €55.3 billion and net income of €4.2 billion. As of September 30, 2020, the company had around 293,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

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        Contact

        Wolfram Trost

        Siemens AG

        Werner-von-Siemens-Straße 1
        80333 Munich
        Germany

        +49 89 636 34794

        wolfram.trost@siemens.com

        HQCOPR202106166233EN
        Siemens to introduce
sustainable and flexible company car policy (2024)

        FAQs

        What are the core values of Siemens? ›

        We are diverse, show respect and believe everyone deserves an opportunity. Flattening hierarchies, celebrating individual contributions, expressing different ways of thinking and embracing flexibility to respect life beyond work.

        What is the strategy of Siemens? ›

        Key Takeaways. Our strategy at Siemens is to combine the real and digital worlds to help customers boost productivity, improve the resource efficiency of their operations, and to make their operations – as well as our own operations – more sustainable. How can we best accelerate this transformation?

        What makes Siemens more of a technology company? ›

        Siemens, like no other company, is at home in the real world of hardware and the digital world of software. By combining the real and the digital worlds, we empower customers to master their digital transformation and sustainability challenges.

        What makes Siemens special? ›

        Siemens Advanta

        Enables companies to unlock the digital future by offering end-to-end support on their unique digitalization journey. A key differentiator is the combination of deep domain knowledge, the strong Siemens technology stack and a powerful ecosystem of partners around the globe.

        What are the 4 pillars of Siemens? ›

        Siemens Digital Industries Software

        Although a digital transfor- mation may seem overwhelming, the transition can be achieved in just four phases, known as pillars: connec- tivity, control, digitalization and augmentation.

        How to prepare for a Siemens interview? ›

        Prepare for your interview by learning more about Siemens

        Delve into the history and evolution of our company, learn the current facts and figures that measure our business, and find the answers to the pressing questions of our times. All in an easily digestible overview.

        What is Siemens doing for sustainability? ›

        For decades, we have actively protected the environment, reducing our footprint throughout the value chain. Our initiatives span climate neutrality, eco-efficiency, zero pollution, and a circular economy. By going beyond requirements, we empower customers, driving sustainable growth and transforming industries.

        What are the goals of Siemens sustainable development? ›

        Siemens is making good progress as it aims to become carbon neutral by 2030. Siemens has already halved its CO2 emissions compared to 2019 and by the end of fiscal 2025, it intends to achieve a 55% physical reduction in CO2 emissions from its own business. By 2030, that figure will be around 90%.

        What overall goals does Siemens want to achieve? ›

        The company is pursuing its declared goal of ensuring that women account for 30 percent of the people at the top management level by 2025. At the same time, Siemens will continue to invest in education and training for all its employees.

        Is Siemens a sustainable company? ›

        Siemens' commitment to sustainability is widely recognized in significant ratings and rankings. For us, this is both a confirmation of our strategic orientation as well as a way to challenge our progress. "Our company has always been committed to its responsibility to society, to our communities, and to our employees.

        Is Siemens in automotive industry? ›

        Siemens Digital Industries Software offers the world's most comprehensive automotive and transportation software portfolio.

        What is the highest salary in Siemens company? ›

        The highest-paying job at Siemens is a Vice President with a salary of ₹77.9 Lakhs per year.

        Who is Siemens biggest competitors? ›

        Siemens competitors include Nokia, Philips, GE Digital, General Electric and Johnson Controls.

        What are the competitive advantages of Siemens? ›

        Gaining a Competitive Advantage

        Siemens' strategic use of G2 yielded impressive results, reinforcing their market presence and competitive advantage. Through their optimized G2 profile and targeted efforts, Solid Edge achieved an increased ranking in multiple target categories on G2.

        Who is Siemens target audience? ›

        Siemens has research and development facilities, production plants, warehouses, and sales offices across the world. It serves customers in various industries such as energy, healthcare, infrastructure, process and manufacturing, and others.

        What is Siemens purpose and values? ›

        As defined by Werner von Siemens over 175 years ago, the company's mission is to provide technologies that improve quality of life and create lasting value for society. Based on our core business and our competencies, we have defined three strategic focus areas for our activities.

        What are main core values? ›

        Core values are the principles and priorities that guide an organization's actions. They represent the foundational commitments and deeply held beliefs that allow a company to navigate complex situations while keeping their identity and culture at the forefront.

        What are Siemens ethical values? ›

        - Prohibit corruption. - Respect the rights of employees. - Take responsibility for the health and safety of their employees. - Act in accordance with applicable statutory and international standards regarding environmental protection, and promote compliance among their suppliers.

        What are the five core value? ›

        The five core human values are: (1) Right conduct, (2) Peace, (3) Truth, (4) Love, and (5) Nonviolence.

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