Siemens AG

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Direct Lobbying Transparency

Overall Assessment	Comment	Score
Comprehensive	Siemens AG demonstrates a comprehensive level of transparency in disclosing its climate lobbying activities. The company has clearly identified specific climate policies it has engaged with, such as the EU Carbon Border Adjustment Mechanism (CBAM), the Energy Performance of Buildings Directive, the Renewable Energy Directive, the Alternative Fuels Infrastructure Regulation (AFIR), and the Inflation Reduction Act, among others. Siemens provides detailed information about its lobbying mechanisms, including direct engagement methods like meetings with EU decision-makers, participation in trade associations, submission of position papers, and responses to consultations. Specific targets of these efforts, such as the European Commission, European Parliament, and Member States, are consistently identified, showcasing clarity in both the methods and entities engaged. Furthermore, Siemens articulates the specific outcomes it seeks, such as advocating for increased renewable energy targets, the removal of barriers for Power Purchase Agreements, and the implementation of a CO2 price that reflects actual emissions-related costs. The company also supports the integration of renewable energy, continuous grid optimization, and the development of local energy markets. These disclosures reflect Siemens' strong commitment to transparency and its proactive approach to influencing climate-related policies and regulations.	4

Lobbying Governance

Overall Assessment	Comment	Score
Strong	Siemens provides evidence of a structured approach to climate lobbying alignment through what it describes as "an internal Government Affairs organization," which coordinates "all communications and policy advocacy activities relating to political leaders, policy-making institutions and authorities," in close collaboration with the Sustainability Office. Although some sources do not acknowledge robust governance details, the more comprehensive disclosure indicates that there is "close coordination between the Government Affairs department and the Sustainability Office to ensure consistency," with "regularly established calls/exchanges with Strategy Departments of different Business Units" and "joint topic-dedicated workshops," suggesting an active process to align direct and indirect lobbying activities with the company's climate strategy. While the evidence does not offer a detailed monitoring or audit procedure, the Government Affairs department's central role in ensuring that "the outreach to political stakeholders should be aligned with GA" demonstrates that Siemens has a clear internal mechanism to align its climate advocacy and strategy.	3