How ethical and sustainable is Siemens?
Siemens is included in The Good Shopping Guide‘s Cookers Ethical Ratings Table. Although Siemens has not yet complied with our ethical criteria, we hope that it will do so in the future and start conducting business more ethically.
Siemens may be able to increase customer confidence by pursuing Ethical Accreditation, which involves a more complete examination and recommendations for ethical development.
More information on the issues this industry faces may be found in The Good Shopping Guide to eco-friendly cooker brands. Then, in our Cookers Ethical Ratings Table, compare Siemens to other cooker brands.
What does Siemens do?
Siemens was founded in 1847 when Werner Von Siemens designed the pointer telegraph in Germany. The brand focuses on electrical installation systems and sells home appliances such as ovens, coffee machines and dishwashers. Overall the brand has a diverse product portfolio.
The company has many details on how it has developed throughout the years here.
Bosch acquired Siemens in 2015.
For which criteria does Siemens perform poorly?
Regarding its political donations and stance on human rights, Siemens received a low rating. As several thousands of Siemens parent company, Robert Bosch employees protested against planned factory closures because, by 2025, roughly 1,000 jobs in Germany could be lost, you can read more on this here.
Additionally, the business has donated more than $84,000 to candidates in recent elections.
Past Criticisms of Siemens’s ethical record
Because of its parent corporation, Siemens has attracted criticism. In the Corporate Information Transparency Index, which assesses a company’s supply chain practices, Bosch achieved a poor score of 13.1/100. Bosch received criticism as well after settling a case involving allegations of complicity in the diesel emissions issues with a payment of $25 million.
In what areas does Siemens score well for its ethics?
The Environmental Report from Siemens receives a high score. The Sustainability Report Bosch produced outlines objectives for water usage, renewable energy sources, and carbon emissions and assesses how well these objectives are being met. The requirements of The Good Shopping Guide are met by Bosch’s strict Code of Conduct, which stipulates that working hours and child labour should correspond to ILO conventions, which are stricter than many nations’ legislation.
The business receives high grades for its views on Nuclear issues, Armaments and Animal Welfare.
How can Siemens improve its Ethical Rating?
By ceasing all Political Donations and reevaluating how it treats employees, Siemens may raise its Ethical Score and reach our fundamental ethical criteria.
The Ethical Rating of a brand is divided into three categories by The Good Shopping Guide: the Environment, People and Animals. Find out more about how we rate.
Siemens might apply for Ethical Accreditation for more detailed guidance on how to improve.
Why not check out The Good Shopping Guide’s Ethical Accreditation if you work for or with a Cooker company that places ethics, ESG and CSR policies high on its priority list?
Contact us to learn more, or complete our short form for an initial sustainability and ethics evaluation.
Ethical performance in category
GSG score
GSG category benchmark
Ethical Rating
Environment
-
Environmental Report
Good
-
Nuclear Power
Good
-
Fossil Fuels
Good
Animal
-
Animal Welfare
Good
People
-
Armaments
Good
-
Code of Conduct
Good
-
Political Donations
Poor
-
Human Rights
Poor
Other
-
Ethical Accreditation
Poor
-
Other Criticisms
Poor
= GSG Top Rating = GSG Middle Rating = GSG Bottom Rating