EU Taxonomy Crowned: Siemens Mobility Leads the Green Rail Revolution

Siemens Mobility has hit a sustainability milestone, topping the EU Taxonomy rankings for 2024. With groundbreaking projects and bold environmental goals, the company is changing the face of green transport.

Siemens Mobility has reaffirmed its position as a global leader in sustainability by achieving outstanding results in the EU Taxonomy assessment for fiscal year 2024. With 100% Taxonomy eligibility and an impressive 86% alignment with ecological and social standards, Siemens Mobility is setting benchmarks for sustainability in the transportation sector.

Pioneering Sustainable Projects Globally

According to Siemens Mobility’s press release, the company's commitment to sustainability is evident in its major projects:

• Egypt's High-Speed Rail System: The construction of a 2,000-kilometer high-speed rail network ensures increased availability and longer service life for infrastructure while significantly reducing CO2 emissions.
• Battery-Hybrid Trains in Germany: The Mireo Plus B trains operating in Ortenau, Baden-Württemberg, since April 2024, replace diesel with battery-hybrid technology on non-electrified lines, eliminating CO2 emissions.
• Paris Metro Line 14: Since June 2024, Siemens Mobility’s Communication-Based Train Control (CBTC) system has enhanced capacity and punctuality while reducing environmental impacts.
• Sustainable Software Solutions: Danish State Railways (DSB) adopted the S3 Passenger inventory system in September 2024, optimizing train utilization and reducing wasteful energy use.

The EU Taxonomy provides a rigorous framework for assessing a company’s sustainability, offering investors comparable and externally audited data. Andreas Mehlhorn, Head of Sustainability at Siemens Mobility, commented: "We are not only helping reduce our customers’ emissions, but also reducing our own footprint as an industrial company."

Michael Peter, CEO of Siemens Mobility, said: "This year, our excellent results in the EU Taxonomy again highlight our commitment to being at the forefront of the industry in leading the way to a sustainable future. Our global technology portfolio effectively reduces CO2 emissions, enabling us to create and offer sustainable mobility solutions for future generations today."

Commitment to Carbon Neutrality by 2030

Siemens Mobility is actively pursuing CO2 neutrality for its operations by 2030. By 2020, the company had already reduced emissions by over 50% compared to 2014. Nearly all Siemens Mobility facilities now operate on 100% green electricity. Additionally, the company employs eco-design principles and prioritizes material efficiency throughout its supply chain.

Siemens Mobility has once again achieved top scores in sustainability reporting under the EU Taxonomy. The company is recognized for its efforts in climate change mitigation and reducing ecological footprints in key areas.//t.co/f3VsfaQJmk

— Globe Banner (@Globe_Banner) January 17, 2025

EU Taxonomy: A Tool for Investors and Progress

The EU Taxonomy framework is vital for investors seeking sustainable opportunities. Siemens Mobility’s strong performance underlines its value as a partner for stakeholders aiming to achieve sustainable growth while supporting the mobility transition.

Projects like Egypt’s rail system, the Mireo Plus B trains, and Paris Metro upgrades demonstrate Siemens Mobility’s ability to integrate technology and sustainability seamlessly, creating long-term benefits for society and the environment.

Source: Siemens Mobility