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Siemens Stiftung Annual Report 2013/2014 Transparency / Financial Report
Transparency and responsibility
As a foundation started by the international technology company Siemens, we come from a long tradition of social responsibility. As an independent and non-profit organization, the legacy of our founder is part of who we are. Siemens Stiftung strives to inform the public about its commitment in a transparent manner. We do so by publishing an annual report and continuously updating our website. Transparency is a guiding factor in how we use materials, implement projects, and assess results. We see transparency as a key instrument for raising the effectiveness of our work, and this goes beyond accountability reporting. As an international foundation with numerous projects on three continents, we attach particular importance to working with international and local partners for whom integrity and transparency are paramount. In doing so, we also aim to help drive social development toward transparency and greater efficiency. We are open for feedback and encourage others to benefit from the knowledge gained through our work. We are also committed to supporting scientific research and strive to actively drive knowledge transfer in our areas of focus. Through a systematic impact assessment, we aim to enable a continuous learning process, implement our programs and projects in a result-oriented manner, and thus make the best use of resources.
We make every effort to keep the CO2 emissions of our organization as low as possible. In our annual CO2 report, we record all greenhouse gas emissions generated at our locations in Munich and Erlangen. In the current fiscal year, we have endeavored to implement long-term measures aimed at lowering emissions. CO2 emissions that cannot be avoided are offset with CO2 certificates from a climate protection project in Kenya, which has been given a gold standard certification from independent organizations.