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SIEMENS HEALTHINEERS AG

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Siemens Healthineers : Sustainability Report 2021 (englisch)

11/25/2021 | 02:10am EST

Sustainability Report 2021

siemens-healthineers.com/sustainability

Content

Foreword

3

About this report

4

1

Siemens Healthineers

and sustainability

6

1.1

Our purpose

7

1.2

Siemens Healthineers at a glance

8

1.3

The Covid-19 pandemic

12

1.4

Our sustainability strategy

14

- Materiality assessment

15

- Our commitment to the

United Nations Sustainable

Development Goals

17

- In dialogue with our

stakeholders for sustainability

20

- Our sustainability management,

governance, and organization

24

- Our sustainability targets

25

2

Improve quality of life through

access to healthcare and innovation

26

2.1

Improve access to care

28

2.2 Innovate through responsible digitalization and Artificial

Intelligence

36

- Cybersecurity

42

- Data privacy

42

2.3

Personalize healthcare

44

2.4

Transform towards preventive care

46

2.5

Leverage partnerships and

collaboration for innovation

47

3

Contribute to a regenerative

and healthy environment

50

3.1

Combat climate change

by reducing emissions

52

3.2

Transform towards a

circular economy

60

4

Advance diversity and inclusion

and drive employee engagement

66

4.1

Invest in our people

68

- Jobs and job creation in a

dynamic environment

68

- Attracting and retaining talents

69

4.2

Expand diversity and inclusion

72

4.3

Employee engagement

74

4.4

Respect human rights

77

4.5

Occupational health and safety

81

5

Governance

84

5.1

Product quality and safety

86

5.2

Global release process

92

5.3

Responsibly grow long-term

business value

93

5.4

Clear leadership commitment

95

5.5

Apply best business ethics

through compliance

97

A

ESG disclosure appendix

102

A.1

Ratings

103

A.2

ESG reporting principles

104

A.3

Our sustainability indicators

107

A.4

GRI Standards - Key topics

119

A.5

United Nations Global Compact

121

A.6

Independent auditor's limited

assurance report

124

A.7

Notes and forward-looking

statements

126

A.8

Further information and

information resources

127

2 Siemens Healthineers sustainability report 2021

1 Siemens Healthineers

2 Access to healthcare

3 Environment

4 Social

5 Governance

A Appendix

and sustainability

and innovation

Foreword

Sustainable development is key. For us at Siemens Healthineers, for societies, for humankind.

As Siemens Healthineers, we act both responsibly and innovatively - in other words, sustainably. Sustainability has always been

a guiding principle for us. For more than a century we have been working to improve healthcare products, services, and solutions for the benefit of patients, medical professionals, and society. We will continue to do so as part of an unequivocal commitment to sustainability by all of us at Siemens Healthineers, and this will be permanently enabled by our unique culture and driven by our unique and unifying purpose:

We pioneer breakthroughs in healthcare. For everyone. Everywhere.

With this, we are an active part of the global endeavor formulated in the United Nations Sustainable Development Goals (UN SDGs). As one of the leading medical technology compa- nies, Siemens Healthineers wants to make significant contributions to achieve these goals. We are therefore focusing our efforts on improving access to care and on environmental and social issues. We will do this in a comprehensive and transparent manner and disclose corresponding facts with our annual sustainability report.

The report covers our goals and plans, as well as baselines and actual facts, in line with the guidance of the Global Reporting Initiative.

It documents the progress of our sustainability activities, which are based on the 17 SDGs, and reflects our ongoing support of the UN Global Compact. In February 2021, we released our plans for the first time in connection with our Annual General Meeting. With the Sustainability Report 2021, we are making even more details of our efforts transparent and have included the additional opportunities provided by the combination with Varian.

In line with our corporate culture of continuous improvement, we consider this report as a logbook of our learning journey in terms of sustainability. This year's report has a particular emphasis on access to healthcare and inno­ vation, which is the first focus topic of our sustainability efforts. To better enable us to keep improving, we engage in continuous dialogue with our customers, patients, healthcare providers, partners, investors, and among ourselves. Our aim is to answer one question: How can we contribute even better to the goals of the United Nations? We would like to invite you to actively engage in this dialogue and to share your views on these topics through the multiple channels we offer.

Dr. Bernd Montag

Dr. Jochen Schmitz

Dr. Christoph Zindel

Darleen Caron

CEO

CEO

M&M

CHRO

3 Siemens Healthineers sustainability report 2021

1 Siemens Healthineers

2 Access to healthcare

3 Environment

4 Social

5 Governance

A Appendix

and sustainability

and innovation

About this report

Sustainability is an integral part of our Compa- ny's strategy. We are pleased to be publishing our first sustainability report, which follows our sustainability communication of February 2021 and supplements our financial reporting in the annual report.

This report sets out our key sustainability challenges and opportunities and the many ways in which we are responding. Given the global differences across healthcare systems, which became especially visible during the pandemic, we made a conscious decision to focus this year's report on the issue of access to healthcare.

Reporting approach

This report informs our stakeholders - employees, customers, suppliers, investors, analysts, NGOs, governmental agencies, and the interested public - about our sustainability performance in the following areas:

  • Access to healthcare and innovation
  • Climate and environmental responsibility
  • Social responsibility
  • Corporate governance and compliance

It provides information on the company's sustainability targets and activities, is based on the Standards of the Global Reporting Initiative (GRI) and has been prepared in accordance with the Core option of the GRI Standards. The report also shows our contribution to the UN SDGs and our annual progress on the Ten Principles of the United Nations Global Compact.

Review period and reporting boundaries

The reporting period covers fiscal year (FY) 2021 (October 1, 2020, to September 30, 2021). In general, the Business Areas and Regional Units (Regions) of Siemens Healthineers are all covered by the report.

Unless indicated otherwise, all figures and all comparative figures reflect Siemens Healthineers without Varian1. However, we want to move to a sustainable future together with Varian, so all texts reflect topics linked to our new Varian Business Area. All figures for this fiscal year refer to the continuing operations of Siemens Healthineers.

The Siemens Healthineers Sustainability report is based on our materiality analysis of FY 2020. It was reviewed and adjusted in FY 2021 to ensure that all material environmental, social, and governance (ESG) issues concerning Varian are also reflected.

Data collection

Given the size and global spread of

Siemens Healthineers, data gathering must be done using a distributed IT and data environ- ment. Non-financial data might adhere to local rules and regulations that potentially deviate from the company's reporting requirements. To ensure consistency in our non-financial reporting, input data is reconciled and adjusted to comply with the reporting requirements

of Siemens Healthineers. All information presented in this report that is subject to significant data limitations is identified as

1 In reference to our annual report the new segment Varian reports a revenue of €1,300 million and an adjusted EBIT of

€221 million in FY 2021 (since the closing of the acquisition on April 15, 2021). The new segment had around 10.000 employees at the end of FY 2021.

4 Siemens Healthineers sustainability report 2021

1 Siemens Healthineers

2 Access to healthcare

3 Environment

4 Social

5 Governance

A Appendix

and sustainability

and innovation

such. This applies to specific nonfinancial figures, including, for example, the revenue attributable to the environmental portfolio. As a result, these figures might not be comparable with the data published under the same or similar designations by other companies. The nonfinancial data published in this report is collected from various internal reporting systems, which, for the most part, are different from those applicable to the financial informa- tion. In particular, they may be subject to less extensive internal documentation, data gener- ation, and auditing requirements, including those relating to the IT systems used and the general control environment. To ensure data quality and maintain information value, we identify and evaluate data restrictions in accor-

dance with our internal guidelines. Where necessary and taking into account the need for consistency, this might include the exclusion of affected data sources. We report on certain sustainability key performance indicators (KPIs) over a multi-year period. You will find information about our core KPIs within the text, and all sustainability indicators are included in Annex A.3 (A.3 Our sustainability indicators (long- list)). Due to rounding, numbers presented in this report might not add up precisely to the totals provided, and percentages might not precisely reflect the absolute figures.

The Sustainability Report FY 2021 was approved by the Managing Board of Siemens Healthineers.

Independent assurance review

Ernst & Young has provided independent assurance on specific corporate sustainability data outlined in this report. The KPIs that are marked with were subject to a limited assurance engagement by Ernst & Young GmbH Wirtschaftsprüfungsgesellschaft based on the International Standard on Assurance Engagements (ISAE) 3000 (Revised). For more detail, see the Independent Assurance Report in Annex A.6 (A.6 Independent auditor's limited assurance report)

5 Siemens Healthineers sustainability report 2021

Um den Rest dieser Noodl zu lesen, rufen Sie bitte die Originalversion auf, und zwar hier.

Disclaimer

Siemens Healthineers AG published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 07:09:07 UTC.


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Sales 2022 20 048 M 22 737 M 22 737 M
Net income 2022 1 961 M 2 224 M 2 224 M
Net Debt 2022 11 746 M 13 321 M 13 321 M
P/E ratio 2022 34,5x
Yield 2022 1,54%
Capitalization 69 364 M 78 653 M 78 668 M
EV / Sales 2022 4,05x
EV / Sales 2023 3,77x
Nbr of Employees 66 000
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Managers and Directors
Bernhard Montag Chief Executive Officer
Jochen Schmitz Chief Financial Officer
Ralf Peter Thomas Chairman-Supervisory Board
Thorsten Opderbeck Head-Technology, Trade & Regional Media
A. Gregory Sorensen Member-Supervisory Board
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