Siemens—McGraw-Hill Construction Study Shows Continued Evolution of Corporate Sustainability

  Siemens—McGraw-Hill Construction Study Shows Continued Evolution of
  Corporate Sustainability

Business Wire

BUFFALO GROVE, Ill. -- October 26, 2012

Siemens announced the results of the 2012 Greening of Corporate America study,
issued in conjunction with McGraw-Hill Construction. This is the third in a
series of reports initiated in 2006 to investigate the emerging trend of
corporate sustainability. The survey was conducted again this year to
determine how corporate sustainability has continued to evolve and understand
how the nation’s largest companies are institutionalizing sustainability into
business policy and practice.

“Since 2006 we’ve seen a dramatic shift in how corporate sustainability is
transforming business,” said Ari Kobb, director, Sustainability & Green
Building Solutions, Siemens Building Technologies division. “In only six
years, it has grown from being a fledgling concept to becoming a standard
element of corporate strategy. Companies are no longer incorporating
sustainability simply out of obligation.”

The 2006 study demonstrated a fundamental shift in the attitudes and practices
of our nation's leading corporations regarding the greening of their
operations and commitments to sustainability. By 2009, the new Corporate
Sustainability Officer position had emerged within corporations and standard
sustainability practices were being integrated into everyday operations and
business growth. Key highlights of the 2012 study include:

  *Corporate America shows continued progress along the Corporate Green
    Spectrum from 2006 to 2012.
  *The percentage of firms that are highly engaged in sustainability has
    risen from 18% in 2006 to 42% in the 2012 study, while the percentage of
    firms viewing environmental initiatives as costs or required based on
    legal obligations alone fell from 33% in 2006 to 17% in 2012.
  *The influence of the Chief Sustainability Officer position continues to
    rise, as does the creation of dedicated sustainability budgets.
  *Energy and cost savings remain the most important drivers encouraging
    sustainability in Corporate America, while financial considerations such
    as the state of the economy and budget issues are the greatest obstacles
    to broader adoption.

“It is exciting to see that corporate America’s investments in sustainability
continue to grow and that it is becoming more integrated within their business
practices,” said Harvey M. Bernstein, vice president of Industry Insights &
Alliances at McGraw-Hill Construction. “It is also important to note that
corporate leaders are increasingly expecting significant social and health
benefits from sustainability that move beyond operating cost savings. About
half of the executives we surveyed expect both lower healthcare costs and
greater worker productivity as a result of their sustainability investments.”

Understanding these benefits may help drive investments even further. Siemens
and McGraw-Hill Construction presented the complete survey results at the
conference session “Greening of Corporate America: Findings from the
Groundbreaking 2012 Survey of Corporate Leaders” at McGraw-Hill Construction’s
Outlook 2013 Executive Conference in Washington, D.C. on October 23.

About Siemens

Siemens Infrastructure & Cities Sector, with approximately 87,000 employees
worldwide, offers sustainable technologies for metropolitan areas and their
infrastructures. Its offerings include complete traffic and transportation
systems, intelligent logistics, efficient energy supply, environmentally
compatible building technologies, modernization of theway poweris
transmitted and distributed, and smart consumption of electricity. The sector
is comprised of the Rail Systems, Mobility and Logistics, Low and Medium
Voltage, Smart Grid and Building Technologies Divisions as well as Osram
Sylvania. For more information, visit
www.usa.siemens.com/infrastructure-cities

The Siemens Building Technologies Division is the world’s market leader for
safe and energy efficient buildings (“green buildings”) and infrastructures.
As a service provider, system integrator and product vendor, Building
Technologies has offerings for building automation, heating, ventilation and
air conditioning (HVAC), fire protection and security. For more information,
visit http://www.usa.siemens.com/buildingtechnologies

About McGraw-Hill Construction:

McGraw-Hill Construction’s data, analytics, and media businesses—Dodge,
Sweets,  Architectural Record, and Engineering News-Record—create
opportunities for owners, architects, engineers, contractors, building product
manufacturers, and distributors to strengthen their market position, size
their markets, prioritize prospects, and target and build relationships that
will win more business. McGraw-Hill Construction serves more than one million
customers through its trends and forecasts, industry news, and leading
platform of construction data, benchmarks, and analytics. To learn more, visit
www.construction.com.

About The McGraw-Hill Companies:

McGraw-Hill (NYSE: MHP) announced on September 12, 2011, its intention to
separate into two public companies: McGraw-Hill Financial, a provider of
content and analytics to global financial markets, and McGraw-Hill Education,
an education company focused on digital learning and education services
worldwide. McGraw-Hill Financial’s leading brands include Standard & Poor’s
Ratings Services, S&P Capital IQ, S&P Indices, Platts energy information
services, and J.D. Power and Associates. With sales of $6.2 billion in 2010,
the Corporation has approximately 21,000 employees across more than 280
offices in 40 countries. Additional information is available at
http://www.mcgraw-hill.com/.

Contact:

Siemens
Elizabeth Cho, 770-751-2211
elizabeth.cho@siemens.com
or
McGraw-Hill
Kathy Malangone, 212-904-4376
kathy_malangone@mcgraw-hill.com
 
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