OREANDA-NEWS. December 11, 2012. In fiscal 2012, revenue from Siemens' Environmental Portfolio climbed ten percent 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 percent 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 percent of Germany's total annual CO2 emissions.

"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 ten percent to over EUR 33 million – a new record. Since 2008, the Portfolio has grown by over 50 percent. 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," said Barbara Kux, member of Siemens' Managing Board and the company's Chief Sustainability Officer.

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. And here Siemens is making a key contribution with products and solutions for the entire energy chain – offering everything from systems for energy production, power generation in highly efficient combined cycle power plants and wind farms to power transmission technologies, power distribution systems and energy-saving solutions for consumers in industry, cities and the field of transportation. The company's future-oriented solutions also include the intelligent management of energy flows via smart grids and systems to improve energy efficiency in buildings.

Siemens' pioneering role in ecofriendly technologies is illustrated by the following examples. Since July 2012, the company has received 16 orders for a total more than 270 onshore wind turbines in Europe and South Africa. In Dьsseldorf Harbor, Siemens is building the world's most efficient and ecofriendly gas-fueled power plant for the Stadtwerke Dьsseldorf, a public utility in northwestern Germany. Partnering with Siemens, Taipei 101 – the tallest building in Taiwan and the second tallest worldwide – has been awarded LEED Platinum certification. The company is also participating in the modernization of Carnegie Hall in New York, one of world's most famous concert venues.

The revenue volume of EUR 33 billion generated in 2012 and the revenue of EUR 3.9 billion from Osram have already put Siemens well on the way to achieving the Environmental Portfolio's growth target for 2014. Initiated portfolio adjustments and innovation-driven impacts have, of course, not yet been taken into account here.

In September 2012, Siemens received two awards for its performance in the area of sustainability. For the first time ever, it was ranked the most sustainable industrial company in the Industrial Goods and Services category of the Dow Jones Sustainability Index, a grouping that includes more than 200 enterprises. Siemens also captured a leading position in the rankings of the Carbon Disclosure Project.