Siemens : rsquo; net-zero quest
Over the past 170 years of development, German conglomerate company
Sustainability is now regarded as one of the most critical and globally relevant topics on the political and business agenda. What is Siemens’ perspective on this trend? What are some of the actions the company is taking?
From Siemens’ viewpoint, sustainability encompasses three dimensions: planet, people, and profit. It should protect our environment and conserve natural resources – our planet. It should improve welfare and quality of life, that’s the people dimension. And last of all, it should support economic growth and competitiveness, that’s profit.
For almost 170 years,
We apply the principles of sustainability at
This amount is equivalent to more than 60 per cent of Germany’s annual CO2 emissions. As a result, our customers have been able to enhance their energy efficiency while increasing their competitiveness.
But we want to achieve more – and we can achieve more. We have therefore decided to reduce our own CO2 emissions footprint at a more rapid pace;
To achieve this goal, we are investing
Higher energy consumption is said to be one of the major causes for the increase of greenhouse gas (GHG) emissions. Can we meet the rapidly rising energy demand worldwide, and at the same time, reduce CO2 emissions?
It’s ambitious, but yes, it’s achievable with the consequent usage of green and efficient technologies both on the energy supply side as well as on the energy consumption side. Cleaner energy generation is today possible via renewable technologies such as wind power or highly efficient gas turbines. On the other hand, it is important to control energy consumption by integrating energy-saving products and solutions into buildings, industrial manufacturing plants, or public transportation systems. This holistic approach will significantly reduce CO2 emissions and, over time, help to lower costs.
Could you please provide some further insights on the topic of energy efficiency? As a world-leading green technology company, what is
The list of appropriate products from the
Monitoring systems play an important role because they reveal areas where energy is being wasted. Crucial factors are the use of efficient components and systems to recycle unused energy, such as waste heat. By increasing efficiency in these ways, companies will not only help reduce greenhouse gases and protect the environment, but also help ensure their own well-being, especially in times of increasing energy prices. Buildings offer huge potential for energy savings – after all, they are responsible for 40 per cent of the world’s energy consumption and 21 per cent of greenhouse gas emissions.
Intelligent building technologies can dramatically increase energy efficiency and comfort in buildings, along with the productivity of building occupants and companies, thus reducing the demand for central heating.
Energy-efficient and environmentally-friendly transportation can be achieved with mass transportation systems, electric vehicles, and hybrid buses. For example, Siemens’ advanced and innovative mobility solutions have substantially transformed the development of urban mass transit in
Vietnam’s Intended Nationally Determined Contribution pledges to reduce GHG by 8-10 per cent by 2020 compared to its business-as-usual scenario. How can
We are the turnkey contractor and key supplier for major power plant projects such as the Phu My 2-1 extensions,
Efficient energy transmission is another important aspect in energy supply. Our high-tech equipment has been installed in many major substations of the national grid, such as the 500-kilovolt transmission lines in
In addition, our energy efficient automation and drive products are used extensively in many countries’ major industries such as food and beverage, cement, and metal. Siemens’ Apogee
Above are just a few examples of how
Constant flooding, severe drought, and salinity intrusion are some emerging issues in
Intelligent automation of infrastructures is a key success factor in making systems more flexible and easier to control and co-ordinate.
What do you think about the role of the Vietnamese government and the private sector in environmental protection and the fight against climate change?
In my view, the spirit of sustainability is about thinking and acting together as partners. More than ever, we as businesses and political agents must join forces to act sustainably – with respect to the economy, the environment, and society. I believe the private sector has as much responsibility as the government does, if not more, to actively engage in efforts to reduce GHG emissions and to help lead the transition to a low-carbon climate-resilient economy, as well as in ecological protection.
I think that private sector involvement can be enhanced, if governments are able to facilitate higher flows of clean energy investment, encourage business practices with a lower-carbon footprint, as well as develop a regulatory environment that encourages renewable penetration and energy efficiency. It’s time for sustainability for today and for future generations!
(c) 2017 Vietnam Investment Review Provided by SyndiGate Media Inc. (Syndigate.info)., source