Car giant plumps for carbon neutrality

(Eco Business, 17 May 2019) Germany’s major automotive supplier chooses to go for carbon neutrality as it joins the climate change fast lane.

Bosch, the German engineering conglomerate which is the world’s largest supplier to the car industry, says it is aiming for full carbon neutrality by next year, in order to meet the challenge posed by climate change.

Volkmar Denner, Bosch’s chief executive, says it’s vital that companies act now in order to stop the planet from overheating and endangering global stability.

“Climate change is not science fiction; it’s really happening”, Denner said in a statement reported by Reuters news agency.

“If we are to take the Paris Agreement seriously, then climate action needs to be seen not just as a long-term aspiration. It needs to happen here and now.”

Bosch says that at present it emits around 3.3 million tonnes of climate-changing carbon dioxide each year, while its annual energy consumption is equivalent to the combined total of the power used by all private households in the cities of Berlin and Munich.

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Eco Business, 17 May 2019: Car giant plumps for carbon neutrality