Siemens AG is a German multinational conglomerate that operates in the diversified industrials sector. The company was founded in 1847 by Werner von Siemens and Johann Georg Halske and has since grown to become one of the largest and most well-known companies in the world. Siemens operates in a variety of industries, including energy, healthcare, transportation, and industrial automation.

Siemens is committed to decarbonisation and has set ambitious targets to reduce its carbon footprint. The company has pledged to become carbon neutral by 2030 and has already made significant progress towards this goal. Siemens has reduced its carbon emissions by 54% since 2014 and has implemented a range of measures to further reduce its environmental impact.

One of the key ways in which Siemens is working towards decarbonisation is through its corporate energy program. The program aims to increase the use of renewable energy sources and reduce the company's reliance on fossil fuels. Siemens has set a target of sourcing 50% of its electricity from renewable sources by 2020 and has already achieved this goal. The company is now working towards sourcing 100% of its electricity from renewable sources by 2025.

Siemens is also actively involved in the development of renewable energy technologies. The company has a range of products and services that support the generation and distribution of renewable energy, including wind turbines, solar panels, and energy storage solutions. Siemens is committed to investing in research and development to further improve the efficiency and effectiveness of renewable energy technologies.

In addition to its corporate energy program, Siemens is also involved in corporate power purchase agreements (PPAs). PPAs allow companies to purchase renewable energy directly from energy producers, providing a stable and predictable source of renewable energy. Siemens has entered into several PPAs in recent years, including agreements to purchase wind power from a wind farm in Texas and solar power from a solar farm in Spain.

Siemens is also working to promote the use of renewable energy in the wider community. The company has developed a range of solutions that enable individuals and businesses to generate their own renewable energy, including solar panels and energy storage solutions. Siemens is committed to making renewable energy accessible to everyone and is working to develop innovative solutions that make it easier and more affordable for people to generate their own renewable energy.

Overall, Siemens is a company that is committed to decarbonisation and the development of renewable energy technologies. The company has set ambitious targets to reduce its carbon footprint and is actively working to achieve these goals. Siemens is also involved in corporate energy and corporate PPA programs, which are helping to increase the use of renewable energy sources. With its focus on sustainability and innovation, Siemens is well positioned to play a leading role in the transition to a low-carbon economy.