Sustainability

UN Climate Change Conference against global warming

  • December 06, 2012
  • Sustainability
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press release

The United Nations' 18th Climate Change Conference officially got under way in Qatar on November 26. Representatives from 193 countries met in the capital city Doha to establish a common basis for a global climate protection agreement by December 7, 2012. The aim is to finalize the agreement by 2015 with a view to it being implemented in all participating states from 2020.

In the fight against climate change, the participants' overriding goal is to ensure that global warming does not exceed two degrees by the end of the century. To achieve this, the increasing concentration of carbon dioxide and other greenhouse gases must be stopped. Otherwise, this development could have dramatic consequences for both humankind and nature. For example, experts predict rising sea levels, crop failures, and the continued extinction of species.

With this in mind, resource conservation and energy efficiency are set to play an increasingly important role in future. “As a leading technology company, Bosch is aware of its special responsibility. The company has therefore been committed to environmental and climate protection worldwide for many years,” explains Bernard Schwager, head of the Bosch sustainability office. Bosch was a founding member of the “Business for Climate Protection” industry initiative and develops and sells products worldwide that help reduce CO2 emissions from vehicles, buildings and machinery.

Innovations and practice-oriented solutions that enable Bosch customers to improve their energy efficiency and make increasing use of renewable energies are playing a key role in this regard. “With 38,500 researchers and developers and a budget of more than two billion euros, we improve established technical systems while at the same time opening up applications for the future. With low-consumption internal-combustion engines, renewable energy systems and electromobility solutions, Bosch is making an extremely valuable contribution,” emphasizes Schwager. The company has also set itself goals that it is aiming to achieve before the envisaged UN climate agreement comes into force. “By 2020, we want to improve our energy efficiency by 20 percent and thus reduce our CO2 emissions in relation to value added by 20 percent compared with the 2007 level,” says Schwager.

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.

NACH-059 - December 06, 2012

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