Siemens ranked first in industrial sustainability

Siemens has ranked first in industrial sustainability in the Dow Jones Sustainability Index.

The Swiss investment company RobecoSAM compiles the internationally renowned Dow Jones Sustainability Index (DJSI) each year. In this year’s DJSI, Siemens ranked first in the Capital Goods Industry Group, which includes about 350 companies from seven sectors. 

“Apart from being sustainable ourselves, our technology is designed to help other companies become sustainable by improving areas such as productivity, reliability and efficiencies. This usually has the added benefit of being good for the environment and for the communities in which we work,” said Jeff Connolly, Chairman and CEO of Siemens Australia and NZ.

Connolly believes that with the pace of change, it’s important that Australian companies take action to secure their competitiveness and position in a world market. That means a constant review of technology that can improve their performance. “Being in business today is like being in a Formula 1 race - if you’re not looking ahead and investing in the latest technology every year, then next year you won’t be in the race.”

Siemens was able to re-affirm its rating from the previous year and achieved a total score of 93 out of a maximum of 100 points. At the same time, the company again captured the No 1 spot in the area of Industrial Conglomerates, where it took first place among 46 companies. This sector also includes companies such as 3M, Philips and Toshiba.