Planet under Pressure

ADVANCING WITH FORESIGHT:
CLIMATE ACTION BEYOND
COMPANY BOUNDARIES
Bosch is dedicated to playing a pioneering role in climate action. In 2018, the board of
management adopted an ambitious CO 2
strategy: Bosch aims to be climate neutral worldwide as
of 2020 in order to make a concrete contribution to the 2015 Paris Agreement of the United
Nations, which seeks to limit global warming to 1.5°C. On top of its objective to make its more
than 400 locations climate neutral as of 2020, Bosch is going a step further: The company has
additionally set itself an ambitious target for lowering indirect emissions in order to reduce its
carbon footprint – even beyond company boundaries.
By Torsten Kallweit and Annette Wagner, Bosch Group
Bosch knows that many changes, new
approaches, and innovations are needed
quickly to effectively support climate action.
As the efforts to achieve energy efficiency
also contribute toward becoming
more cost-efficient, the company also sees
major opportunities. The climate goal of
being carbon neutral by 2020 refers to the
energy generated by the company itself
and the energy volume purchased for its
more than 400 locations worldwide – this
covers engineering, manufacturing, and
administrative facilities (Scopes 1 and 2
of the Greenhouse Gas Protocol). Here
Bosch can directly influence the reduction
of greenhouse gases and make a major
impact in a short time. The company is
also setting itself an emission reduction
target for the upstream and downstream
stages of the value chain (Scope 3) of 15
percent by 2030, focusing on the categories
of purchased goods, logistics, and the
use of products sold. In addition to this
specific goal, Bosch wants to make an active
contribution to ensuring that its value
chain will also be climate neutral by 2050.
Climate neutrality as of 2020
Despite the challenges from Covid-19,
Bosch is maintaining its long-term strategic
course and continuing with its
systematic pursuit of becoming carbon
BOSCH CLIMATE GOALS
Purchased goods and logistics
Scope 3
Own generation
and purchased energy
Scopes 1 and 2
Use of products sold
Scope 3
Energy efficiency
New clean power
Green electricity
Carbon offsets
neutral. When it comes to achieving
this target, Bosch is making progress:
Already by the end of 2019, all German
sites had become carbon neutral. To this
date, Bosch has achieved 70 percent of
its target on a global scale. By the end
Climate neutrality as of 2020
Science Based Targets
initiative (SBTi)
– 15%
by 2030
88
Global Goals Yearbook 2020