The Impact of Circular Economy Model on Corporate Financial Performance and Carbon Emission Performance: Taking Siemens as an Example
DOI: 10.23977/acccm.2025.070316 | Downloads: 9 | Views: 197
Author(s)
Yang Mengyan 1, Hou Yi 1, Yuan Yu 1
Affiliation(s)
1 Sichuan University of Science & Engineering, Zigong, Sichuan, 643000, China
Corresponding Author
Yang MengyanABSTRACT
This study aims to explore the impact of Siemens' circular economy practices on its financial performance and carbon emission performance. Through the analysis of the financial data of the most recent year and the next five years, Siemens has achieved remarkable financial success, including the growth of operating income, cost control and the increase of gross profit margin. In addition, the company's circular economy investments have provided a solid foundation for future sustainable growth. Meanwhile, the study also evaluates the company's carbon emission performance, revealing its positive initiatives in energy efficiency, clean energy adoption and supply - chain emission reduction. These results indicate that Siemens has maintained financial health and profitability while pursuing sustainable economic growth, providing a model of sustainable development for other enterprises.
KEYWORDS
Financial Performance; Carbon Emission Performance; Circular Economy PracticesCITE THIS PAPER
Yang Mengyan, Hou Yi, Yuan Yu, The Impact of Circular Economy Model on Corporate Financial Performance and Carbon Emission Performance: Taking Siemens as an Example. Accounting and Corporate Management (2025) Vol. 7: 112-117. DOI: http://dx.doi.org/10.23977/acccm.2025.070316.
REFERENCES
[1] Guo Jiayue. Research on the Improvement of Enterprise Financial Performance Evaluation System from the Perspective of Low - Carbon Economy [J]. Quality & Market, 2022(19): 121 - 123.
[2] Zhao Lijun. The Road to Sustainable Development of the Power Equipment Industry under the Circular Economy Model [J]. Business China, 2022(06): 88 - 91.
[3] Siemens and Chinese Partners Join Hands to Promote "Industry 4.0": Signing Cooperation Agreements with Chinese Enterprises, Combining Strengths to Jointly Promote Intelligent Manufacturing, and Using Digital Technologies, Products, Solutions and Services to Help Partners in Multiple Industries in China Achieve Industrial Transformation and Upgrading [J]. Microcomputer & Its Applications, 2016, 35(12): 27.
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