Customer Avoided Emissions Calculation Methodology

This white paper presents the Customer Avoided Emissions (CAEs) calculation methodology utilized by Siemens. The document outlines the importance of measuring CAEs to assess the positive impact of Siemens' offerings on emissions reduction during their use phase. It details Siemens' commitment to achieving net zero operations by 2030 and reducing Scope 3 emissions by 30% in the same timeframe, aligning with the Paris Agreement. The paper describes the CAE target of over 1,000 Mt CO2e cumulatively from fiscal year 2023 to 2030, alongside the levers of Energy Efficiency, Renewable Energy Integration, and Electrification that facilitate this goal. Furthermore, it explains the guiding principles and specific calculation steps involved in determining CAEs, including eligibility criteria for offerings and the methodologies applied. The document aims to enhance transparency in CAE reporting and contribute to the standardization of avoided emissions methodologies across the market.