Climate Changed

Siemens Mulls Exit From Australian Coal Contract on Greta Effect

  • German industrial icon was targeted over a contract with Adani
  • Protesters descended on 40 Siemens sites in Germany on Friday
A Fridays for Future environmental movement activist outside the former Siemens headquarters in Munich, on Friday, Jan. 10.Photographer: Michaela Handrek-Rehle/Bloomberg
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Siemens AG is considering the future of a controversial contract to supply signaling systems to a new Australian coal mine under pressure from environmental activists, who staged German-wide protests against the company on Friday.

Chief Executive Officer Joe Kaeser met with Fridays for Future activist Luisa Neubauer in Munich, and the company plans to announce a decision by Monday.