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Siemens Healthineers is a German multinational company specializing in medical technology, pioneering breakthroughs in healthcare globally. It was spun off from Siemens in 2017.

Positive signals

The company has committed to increasing patient touchpoints in underserved countries by more than 25% by 2025, aiming to improve healthcare access and quality of life through innovation.

Siemens Healthineers set a measurable ESG goal to increase the percentage of women in senior management to 26% by 2025, as part of broader diversity, inclusion, and employee engagement initiatives.

Siemens Healthineers offers a range of medical lab products with ACT Environmental Impact Factor ecolabels, providing third-party verified transparency on environmental performance, including manufacturing impact, renewable energy use, and end-of-life recycling options.

Siemens Healthineers AG received a 'Low' ESG Risk Rating of 18.1 from Sustainalytics in May 2024, ranking 89th out of 563 companies in its industry, with a 'Strong' score for management of material ESG risks.

Concerns

Siemens Healthineers' Sustainalytics report notes 'Medium' exposure to industry-specific ESG risks, indicating ongoing challenges in areas such as supply chain management, resource use, and regulatory compliance typical for the sector.