Bosch pledges to be carbon neutral by 2020

(Climate Action, 10 May 2019) The German company has promised to make its entire business carbon neutral by 2020.

Starting in 2020, Bosch will compensate for any residual and unavoidable carbon emissions primarily by buying green power from legacy plants and taking part in carbon offset programmes.

In over 400 locations worldwide, the company will no longer leave a carbon footprint, this will include their engineering, manufacturing, and administrative facilities, making Bosch the first major industrial enterprise to achieve this ambitious goal in a little over a year.

As it stands, Bosch emits around 3.3 million metric tons of carbon per year. However, the company has already set measures in place for climate action, reducing carbon emissions relative to its value creation by nearly 35 percent since 2007.

“We see climate action as our responsibility, and believe we have to act now,” says Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH.

The company will invest €1 billion into buying green electricity, engaging in carbon offset programs, and sourcing power from renewables.

In that same period, Bosch will invest one billion euros to boost in-house energy efficiency. Projects include crunching data to conserve energy at Homberg, Green roofs, photovoltaic systems and carbon neutrality at Renningen and sustainable heating at Rodez.

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Climate Action, 10 May 2019: Bosch pledges to be carbon neutral by 2020