Siemens Ltd Unveils Business Responsibility Report for FY 2026, Highlighting ESG Commitments and Operations

Siemens Ltd Unveils Business Responsibility Report for FY 2026, Highlighting ESG Commitments and Operations​

Siemens Limited has published its comprehensive Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The report outlines the company’s measurable strides in Environmental, Social, and Governance (ESG) domains during the 18-month period spanning October 1, 2024, to March 31, 2026.

The release underscores Siemens Limited's commitment to sustainable growth, driven by its DEGREE Sustainability Framework, which focuses on areas such as Decarbonization, Ethics, Governance, Resource Efficiency, Equity, and Employability. The report provides detailed insights into the company’s operations, supply chain management, and dedication to responsible business conduct.

Operational Scope and Market Presence​

Siemens Limited is a major player in the manufacturing of electrical equipment, which accounts for 93% of its total turnover. The company's core business activities include the manufacture of electric motors, generators, transformers, and electricity distribution and control apparatus (65.3% of turnover). It also specializes in general-purpose machinery (9.8%) and railway locomotives and rolling stock (18.1%).

The entity serves both public and private sector customers across India's industrial infrastructure transformation. Siemens Limited operates in 28 states and 8 Union Territories nationally, while serving six international countries. Exports contribute 13% to the company’s turnover.

Workforce and Human Capital Management​

As of the end of the financial year, Siemens Limited reported a combined total workforce of employees (6,912) and workers (1,146).

The company has dedicated programs focused on human capital management and ensuring safe workplaces. Key statistics related to its workforce include:


In terms of gender diversity at senior levels, the company reported that the Board of Directors includes one female member, representing 11.1% of the board.

Environmental and Climate Stewardship​

A significant focus of the BRSR is climate change mitigation and resource efficiency, managed under the overarching Sustainability Target Framework. Siemens Limited has set ambitious goals aligned with the Science Based Targets initiative (SBTi) pathway: reducing Scope 1 and Scope 2 emissions by 90%, and reducing Scope 3 emissions by 30% by 2030. The company aims for Net Zero emissions across its value chain by 2050.

Key environmental metrics include:

Water and Waste Management​

Siemens Limited reports dedicated efforts towards water stewardship and circular economy practices. The company has committed to Zero Liquid Discharge (ZLD) at all major manufacturing units.

Waste management results across the value chain show a focus on recovery and responsible disposal:


The company also managed inputs from its value chain, with 19.94 metric tonnes of plastic waste attributed to suppliers (Customer perspective).

Ethical Governance and Human Rights in the Value Chain​

Governance is overseen by the Managing Director and CEO, who are responsible for sustainability decisions. The company maintains a zero-tolerance approach to misconduct through its robust Business Conduct Guidelines.

Focusing on human rights, Siemens Limited ensures that compliance with international standards like the UN Guiding Principles on Business and Human Rights is maintained across all operations.

The supply chain governance is managed through multi-layered assessments:

Employee Well-being and Labour Practices​

Siemens Limited prioritizes the well-being, safety, and dignity of its workforce through the 'We Care' program and established Occupational Health and Safety Management Systems. The company maintains a Zero Harm culture, supported by various monitoring processes.

Key indicators related to labour practices and engagement include:

• Account Payables: Decreased from 97 days in FY 2024 to 107 days in FY 2026.
• Training Coverage: Training in Business Conduct Guidelines reached 87.28% of total employees (across permanent and direct contract) during the financial year.

The company also reported that 100% of its employees are covered by various safety nets, including Life Insurance, while 3.3% of employees were covered by ESIC.

Consumer Responsiveness and Product Safety​

In commitment to customers, Siemens Limited provides clear information on product usage, including environmental impact. The company reports a 100% compliance rate regarding safe and responsible usage and recycling/safe disposal for products. The report details the mechanisms in place to respond to customer grievances via multiple channels, including dedicated toll-free numbers and a website contact page.

The conglomerate also emphasized its role in community development, contributing significantly across various aspirational districts nationwide through focused CSR projects like IGnITE and Project Asha.

SIEMENS Stock Price Movement​

Shares of Siemens Limited today slipped by 0.41% in post-market trading, ultimately settling at ₹3477.80. The stock saw a range between ₹3440.5 and ₹3498 during the day, completing its trades with a volume of 231,661 shares.