Siemens makes its factories greener

According to a press release from Siemens, the company wants to reduce energy and CO2 emissions by 20% by the end of 2011. Siemens will invest circa €100 million until the end of 2012 to make its factories greener. The german company is also worried about its suppliers' performance, stating that in the next two years they are to check their companies' energy and environmental efficienct.

“We want to be the first industrial enterprise in the world with an entirely environmentally friendly supply chain”

It is estimated that the company’s 1,000 most important suppliers alone could reduce their CO2 emissions by 1.5 million tons a year and their energy costs by around €170 million.