Siemens Energy Advances in Decarbonization Initiatives in Brazil

Siemens Energy Aims to Disseminate Low-Carbon Economy in Its Operations. In Brazil, the Company Has Reduced Its Emissions by 57% from 2014 to 2020

With the goal of promoting a low-carbon economy both within and outside its operations, Siemens Energy announces a series of measures to foster sustainable development. The initiatives are being carried out in line with the company’s strategy to integrate its business with the Sustainable Development Goals established by the UN, particularly SDG 13 (Climate Action).

Externally, in addition to strong partnerships with the government and trade associations in Brazil, through its environmental portfolio, Siemens Energy has also helped clients worldwide reduce their emissions by more than 48 million tons of carbon dioxide during the fiscal year 2019 (October 1, 2018, to September 31, 2019), with activities and offerings grouped into three areas: efficiency enhancement, hybridization, and deep decarbonization.

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Technologies Adopted

Throughout the entire energy value chain, the company assists clients in adopting more sustainable energy technologies and solutions, such as the construction of hybrid power plants that combine generation technologies with battery storage; gas turbines that operate with up to 60% hydrogen; transmission equipment that avoids the use of SF6, a harmful greenhouse gas, in addition to hydrogen electrolyzers, which are essential for the development of a sustainable green hydrogen economy.

“In addition to providing technologies that help our clients decarbonize their operations and excellently meet the global demand for affordable and reliable energy, it is essential for Siemens Energy to invest in initiatives that contribute to gradually achieving carbon neutralization in our operations. To fulfill this commitment, we need a holistic approach, with short, medium, and long-term solutions that drive sustainable development,” says André Clark, General Manager of Siemens Energy Brazil.

Global Goal

Internally, to meet its global goal of becoming emissions neutral by 2030, the company has created an internal investment fund for CO2 neutralization projects, which will be replenished based on the pricing of emissions from its activities in the country. Brazil is the company’s second location in the world to replicate this program, previously implemented in the United Kingdom.

Within the internal carbon pricing program, each business area of the company will contribute an amount proportional to the emissions of its operations, with 1 ton of carbon equivalent to USD 40. Of the amount raised by the fund, which already has a balance of over R$700 thousand, part of the value will be allocated to projects defined by the internal CO2 neutralization committee and another portion to initiatives recommended by the company’s employees.

Additionally, within the company, energy efficiency solutions are being implemented at the company’s own facilities, such as the use of renewable energy in its headquarters in Brazil and the gradual replacement of polluting fuels with less harmful alternatives to the environment. Furthermore, a permanent task force has been created to promote discussions and decisions on decarbonization among employees, which includes training for senior management and workshops for internal staff on the importance and urgency of the topic.

Source: Siemens Energy