Jan Rabe, the Sustainability Director for Siemens, discussed the company's plan to reduce its emissions by 50% by 2020 and become completely decarbonised by 2030. Rabe explained that the momentum for decarbonisation is growing each week following 140 nations submitting plans to limit their greenhouse gas emissions, the Pope's visit to New York, the G7 summit in Germany and major funds divesting from high intensive carbon activities. The German government has announced a new target of reducing CO2 emissions by 80% below 1990 levels by 2050.
Jan Rabe, the Sustainability Director for Siemens, discussed the company's plan to reduce its emissions by 50% by 2020 and become completely decarbonised by 2030. Rabe explained that the momentum for decarbonisation is growing each week following 140 nations submitting plans to limit their greenhouse gas emissions, the Pope's visit to New York, the G7 summit in Germany and major funds divesting from high intensive carbon activities. Rabe believes the world has reached the point of no return for decarbonisation and that Siemens is setting a positive example by pledging to become carbon neutral in the next 15 years.