Siemens Energy AG EU Taxonomy disclosure

EU Taxonomy summary

74.2% of Siemens Energy AG's revenues are EU Taxonomy eligible, with 42.9% also being Taxonomy aligned. 83.5% of Siemens Energy AG's capital expenditures are EU Taxonomy eligible, with 64.7% also being Taxonomy aligned. Additionally, 80.8% of Siemens Energy AG's operating expenses are EU Taxonomy eligible, with 41.9% also being Taxonomy aligned.

EU Taxonomy full disclosure

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.1 = Manufacture of renewable energy technologies	CCM 3.1	7,618	22.1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	22.8%	E
4.9 = Transmission and distribution of electricity	CCM 4.9	3,531	10.2%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	12.5%	E
4.3 = Electricity generation from wind power	CCM 4.3	2,441	7.1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	1.7%
3.20 = Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation	CCM 3.20	1,179	3.4%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y		E
Turnover of environmentally sustainable activities (Taxonomy-aligned) (A.1)		14,769	42.9%	100%	0%	0%	0%	0%	0%	Y	Y	Y	Y	Y	Y	Y	37.5%
Of which enabling		12,328	35.8%	100%	0%	0%	0%	0%	0%	Y	Y	Y	Y	Y	Y	Y	35.6%	E
Of which transitional		0	0%	0%						Y	Y	Y	Y	Y	Y	Y	0.1%		T
4.29 = Electricity generation from fossil gaseous fuels	CCM 4.29	4,893	14.2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								14.2%
3.20 = Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation	CCM 3.20	3,098	9%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
4.9 = Transmission and distribution of electricity	CCM 4.9	913	2.6%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								9.6%
3.6 = Manufacture of other low carbon technologies	CCM 3.6	711	2.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1.8%
4.28 = Electricity generation from nuclear energy in existing installations	CCM 4.28	497	1.4%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1.3%
4.30 = High-efficiency co-generation of heat/cool and power from fossil gaseous fuels	CCM 4.30	497	1.4%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								2.6%
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	188	0.5%	N/EL	N/EL	N/EL	N/EL	EL	N/EL
Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		10,798	31.3%	98.4%	0%	0%	0%	1.6%	0%								35.8%
A. Turnover of Taxonomy eligible activities (A.1+A.2)		25,567	74.2%					1.6%									73.4%
Turnover of Taxonomy-non-eligible activities		8,899	25.8%
Total (A+B)		34,465	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.1 = Manufacture of renewable energy technologies	CCM 3.1	907	43.3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	44.8%	E
4.3 = Electricity generation from wind power	CCM 4.3	301	14.3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	3.2%
4.9 = Transmission and distribution of electricity	CCM 4.9	98	4.7%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	2%	E
3.20 = Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation	CCM 3.20	32	1.5%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y		E
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	20	0.9%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.6%	E
CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		1,358	64.7%	100%	0%	0%	0%	0%	0%	Y	Y	Y	Y	Y	Y	Y	51%
Of which enabling		1,057	50.4%	100%	0%	0%	0%	0%	0%	Y	Y	Y	Y	Y	Y	Y	47.5%	E
Of which transitional		0	0%	0%						Y	Y	Y	Y	Y	Y	Y	0.1%		T
4.29 = Electricity generation from fossil gaseous fuels	CCM 4.29	148	7.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.9%
7.7 = Acquisition and ownership of buildings	CCM 7.7	96	4.6%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								8%
3.20 = Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation	CCM 3.20	83	3.9%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
4.9 = Transmission and distribution of electricity	CCM 4.9	26	1.2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1.4%
4.28 = Electricity generation from nuclear energy in existing installations	CCM 4.28	15	0.7%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
4.30 = High-efficiency co-generation of heat/cool and power from fossil gaseous fuels	CCM 4.30	13	0.6%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.1 = Construction of new buildings, 7.1 = Construction of new buildings	CCM 7.1/CE 3.1	12	0.6%	EL	N/EL	N/EL	N/EL	EL	N/EL
CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		394	18.8%	98.4%	0%	0%	0%	1.6%	0%								21.2%
A. CapEx of Taxonomy eligible activities (A.1+A.2)		1,752	83.5%	99.6%				0.4%									72.2%
CapEx of Taxonomy-non-eligible activities		346	16.5%
Total (A+B)		2,098	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.1 = Manufacture of renewable energy technologies	CCM 3.1	362	24.5%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	23.4%	E
4.9 = Transmission and distribution of electricity	CCM 4.9	74	5%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	10.3%	E
3.20 = Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation	CCM 3.20	63	4.3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y		E
4.29 = Electricity generation from fossil gaseous fuels	CCM 4.29	45	3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y			T
4.3 = Electricity generation from wind power	CCM 4.3	33	2.3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	1.1%
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	24	1.6%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	3.7%	E
4.10 = Storage of electricity	CCM 4.10	19	1.3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.7%	E
OpEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		619	41.9%	100%	0%	0%	0%	0%	0%	Y	Y	Y	Y	Y	Y	Y	40.4%
Of which enabling		541	36.7%	100%	0%	0%	0%	0%	0%	Y	Y	Y	Y	Y	Y	Y	39.4%	E
Of which transitional		45	3%	100%						Y	Y	Y	Y	Y	Y	Y			T
4.29 = Electricity generation from fossil gaseous fuels	CCM 4.29	426	28.9%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								28.8%
3.20 = Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation	CCM 3.20	61	4.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.6 = Manufacture of other low carbon technologies	CCM 3.6	33	2.2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.8%
7.7 = Acquisition and ownership of buildings	CCM 7.7	32	2.2%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								2.8%
4.9 = Transmission and distribution of electricity	CCM 4.9	13	0.9%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								3.5%
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	9	0.6%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.7%
OpEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		573	38.8%	100%	0%	0%	0%	0%	0%								42.7%
A. OpEx of Taxonomy eligible activities (A.1+A.2)		1,191	80.8%	100%													83.1%
OpEx of Taxonomy-non-eligible activities		283	19.2%
Total (A+B)		1,475	100%

Siemens Energy AG

EU Taxonomy summary

EU Taxonomy full disclosure

Revenues

Capital expenditures

Operating expenses