1.1 Our DEGREE sustainability framework sets clear and measurable ambitions 1.1 Our DEGREE sustainability framework sets measurable ambitions D ecarbonization support the 1.5°C target to fight global warming E thics foster a culture of trust, adhere to ethical standards, and handle data with care G overnance apply state-of-the-art systems for effective and responsible business conduct R esource efficiency achieve circularity and dematerialization E quity foster diversity, inclusion, and community development to create a sense of belonging E mployability enable our people to stay resilient and relevant in a permanently changing environment A strong framework for sustainability Sustainability is an integral part of our business. We are The DEGREE sustainability framework is based on six fields of taking our ESG commitment to the next level with our action that drive sustainability and are dynamic and contin- DEGREE sustainability framework. The framework provides a uously evolving. We have set clear priorities and ambitions 360-degree approach to our core sustainability values. for key ESG issues, which we are driving towards. The DEGREE sustainability framework applies to all Siemens- By addressing the three aspects of ESG, we are building a affiliated companies, excluding Siemens Healthineers (SHS). better future that helps us to However, the sustainability approach at SHS follows the same basic principles, which reflects our expectations as its →Stay within the planetary boundaries; majority shareholder. →Foster a culture of trust, empowerment, and growth; →Support inclusive economic opportunities; →Ensure that our people and businesses remain resilient and relevant for the future. SIEMENS SUSTAINABILITY REPORT 2023 8