Bosch has set many ambitious goals towards environmental protection and eventually able to achieve the same in the set time frame. The company has been working to reduce their ecological footprint for many years. The company’s main focus lies on protecting the climate, circular economy, and the diligent use of water.
What makes Bosch’s carbon-neutral goal so special?
Bosch became the first major industrial enterprise to achieve complete carbon neutrality by 2020. The company has prioritized the efforts to improve the energy efficiency of its plants and buildings, which in turn will help the company to reduce energy consumption and conserve resources over the long term. Apart from this, the company increased its contribution towards sustainable energy transition by investing more than ever in new clean power.
“When it comes to the climate, words are not enough. Companies need to aim for carbon neutrality, here and now” said Dr. Volkmar Denner, Chairman of The Board of Management.
In 2019, the company made a commitment that that Bosch will become carbon neutral at its 400 locations worldwide. At the time of committing to this challenge the company’s view that anyone who wants to do something about global warming instead of just talking about it must answer three key questions: why not now, why not here, why not in our own backyard? Hence, Bosch started working on its commitment and successfully achieved it! Now the curiosity arose, how did this happen in such a short span of time?
It is almost impossible to reduce the consumption for any organization, however, what is possible is to completely offset CO2 emission associated with it. Bosch achieved this by implementing a two-part process: one is to produce as well as procure a significant amount of green electricity. The next task is to invest in certified green projects in order to offset the volume of unavoidable CO₂ emissions. These are the two most significant levers for reducing a large enterprise’s CO₂ footprint to zero.
Torsten Kallweit, Head of EHS & Sustainability at Bosch suggested that “Energy efficiency and own generation capacity from renewable sources are major levers to achieve carbon neutrality”.
The company also said attaining carbon neutrality is just a milestone of a greater goal. Once again, the company has developed another two-stage action plan for 2030. The first stage is to strategically increase the share of renewable energy consumption by renewable energy sources. This is not limited to solar PV plants on the company premises but also including long-term energy purchase agreements with solar and wind farms. The company also emphasized that none of this makes sense without energy efficiency and here is where the second stage takes place. By 2030, Bosch wants to save at least one-fifth of its current annual electricity consumption, which is roughly about 1.7 TWh. For such a long and painstaking process, the company is committed to investing EUR 2 Billion.
Now the time has come for other organizations to invest in the future of our blue planet. Also, climate action is not a farewell to growth and good business sense. As the example that Bosch has led, companies should also make climate action into a going concern. Call Staten Solar or simply reply to this email to take the first step towards green and clean energy.