
Siemens Risk Report
Explore Siemens across six non‑financial risk dimensions:ESG, Workforce, News & Media, Cybersecurity, Legal & Regulatory, Operational. Unlock the full report, original sources and timelines, and enable continuous monitoring.
Summary
⚖️ Legal & Regulatory
Siemens faces multiple legal challenges, most notably involving alleged misuse of software and violations of Russia sanctions. These legal issues could negatively impact the company's financial stability and reputation. Siemens also faces penalties and lawsuits involving unlicensed software and support issues.
- VMware filed a lawsuit against Siemens for using unlicensed software 🗓 2025-03-26.
- Two former Siemens executives are set to be tried in Germany over alleged Russia sanctions violations 🗓 2025-03-14.
- Siemens Energy was found guilty of wire fraud against GE and Mitsubishi and agreed to a settlement with the US government 🗓 2024-10-01.
- Siemens is involved in a lawsuit over undelivered equipment for a nuclear plant in Türkiye 🗓 2025-01-06.
👥 Labor & Workforce
Siemens has announced significant layoffs, affecting thousands of employees worldwide. This reduction is primarily attributed to a downturn in demand from major markets like China and Germany, impacting their automation and electric vehicle segments.
- Siemens plans to cut over 6,000 jobs globally, with half of them in Germany, due to muted demand 🗓 2025-03-19.
- Siemens to lay off 5,600 employees globally amid reduced demand in automation and EV sectors 🗓 2025-03-20.
- Up to 5,000 jobs to be cut in Siemens' automation business following a downturn 🗓 2024-11-14.
📜 Innovation & R&D
Siemens continues to demonstrate its focus on innovation through strategic partnerships and acquisitions to bolster its capabilities in AI and digital transformation. The company's recent activities show an investment in cutting-edge technologies to maintain its industry leadership.
- Siemens and Nvidia expanded their partnership to enhance AI capabilities in manufacturing 🗓 2025-06-11.
- Siemens collaborates with IBM on integrating SysML V2 MBSE to innovate their systems engineering processes 🗓 2025-06-03.
- Siemens completed the acquisition of Altair Engineering for $10 billion to enhance its industrial software capabilities 🗓 2025-03-28.
🏅 Awards & Recognition
Siemens Healthineers, a part of the Siemens Group, has received significant recognition for its employer branding and has been named among the best employers in the Philippines for the year 2025.
- Siemens Healthineers was recognized as one of the Philippines’ best employers 🗓 2025-06-10.
- It clinched a spot among the Philippines’ best employer brands for 2025 🗓 2025-05-28.
Profile
News & Media
Real‑time aggregation of trusted sources tracking company‑related events with sentiment and topic tags for rapid risk triage.
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View Full ReportEntity List
Continuous third‑party screening across global sanctions, enforcement, and watchlist sources with unified entity resolution and real‑time alerts.
Name | Issuer | Status |
---|---|---|
ACF List of War Enablers | Anti-Corruption Foundation | |
African Development Bank Debarred Entities | African Development Bank Group | |
Argentina Members of Parliament | Honorable Cámara de Diputados de la Nación Argentina | |
Argentina RePET Sanctions | Ministerio de Justicia | |
Armenia Public Officials and Associates | Hetq Online | |
Asian Development Bank Sanctions | Asian Development Bank | |
Australian Sanctions Consolidated List | Department of Foreign Affairs and Trade | |
Democratic People's Republic Of Korea (North Korea) Sanctions Regime | Department of Foreign Affairs and Trade | |
Former Federal Republic Of Yugoslavia Sanctions Regime | Department of Foreign Affairs and Trade | |
Iran Sanctions Regime | Department of Foreign Affairs and Trade |
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View Full ReportESG
Verification of declared ESG commitments and certifications with evidence links, score signals, and status updates across E, S, and G.
Name | Status |
---|---|
Sustainable Finance Disclosure Regulation | |
Global Reporting Initiative Standards | |
EU Taxonomy Regulation | |
EU Corporate Sustainability Reporting Directive | |
California Transparency in Supply Chains Act | |
EU Non-Financial Reporting Directive | |
ISO 14001 | |
Sustainability Accounting Standards Board Standards | |
Task Force on Climate-related Financial Disclosures | |
UN Guiding Principles on Business and Human Rights |
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View Full ReportCybersecurity
Verification of adherence to recognized security standards, mapping control coverage and gaps affecting third‑party and supply‑chain risk.
Certification | Status |
---|---|
General Data Protection Regulation | |
Digital Operational Resilience Act | |
Cybersecurity Maturity Model Certification | |
NIST Cybersecurity Framework | |
NIST 800-53 Revision 5 | |
California Consumer Privacy Act | |
ISO/IEC 27001 | |
Health Insurance Portability and Accountability Act | |
Payment Card Industry Data Security Standard | |
Federal Information Security Modernization Act |
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