Business/economy

Greentech manager of the year Bosch acclaimed for ecological business practices Innovative and sustainable product portfolio

  • Fehrenbach accepts award on behalf of the company
  • Vindication of Bosch’s eco-friendly and resource-conserving strategy
Add to my press materials
Save text
  • February 16, 2012
  • Business/economy
  • Press releases

press release

Stuttgart / Frankfurt – The business magazine “Capital” today presented Franz Fehrenbach, the chairman of the board of management of Robert Bosch GmbH, with its “Greentech Manager of the Year 2011” award. The award is presented to entrepreneurs and managers who are outstandingly successful in promoting the growth of green technologies and whose companies have an innovative and sustainable product portfolio. In her laudatory speech, the parliamentary state secretary Katherina Reiche remarked that this year’s award was being given to a person who stood out not solely for the strategic direction he had given to a large enterprise, making it more green, but who was also an outspoken commentator on companies’ social responsibility. Fehrenbach is the third person to receive this award since it was created in 2009.

Environmental protection and resource conservation
In its business operations, Bosch orients to the long term and, under the strategic imperative “Invented for life,” focuses on products that help improve energy efficiency, conserve resources, and further environmental protection. “Protecting our environment and conserving our resources requires more cutting-edge technology rather than less,” Fehrenbach said. “I am therefore pleased to accept this award on behalf of all Bosch Group associates who work day for day to create sustainable solutions.”

As a provider of technology and services, Bosch generates some 40 percent of its total sales of 51.4 billion euros with products that protect the environment and conserve resources. Roughly 45 percent of its research and development budget of some four billion euros goes toward such products. Bosch files more than 4,100 patents each year, or 16 per working day. Some 43 percent of these patents are dedicated to environmental protection and resource conservation. Its sales with renewable energy technology have risen from 125 million euros in 2004 to just under 1.5 billion euros in 2011.

The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). The company generated sales of 70.6 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at 118 locations across the globe. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information is available online at www.bosch.com and www.bosch-press.com, http://twitter.com/BoschPresse.

PI7656 - February 16, 2012

Your contact person for journalists

René Ziegler

+49 711 811-7639 Send Email

Share this information