Skip to main content
Responsible corporate governance

Comprehensive sustainability strategy and consistent compliance

Clear strategy for more sustainability

Bosch’s sustainability strategy is based on concrete objectives in all focus areas. We have for many years now been consistently working to realize those objectives – and we have reached a first key milestone with carbon neutrality (scope 1 & 2)*.

Graphic of the Bosch sustainability target vision: The six dimensions of the target vision are arranged in a hexagon. The climate action dimension includes the topics "reducing CO₂ emissions" and "energy efficiency and renewable energies". The water dimension includes the topics “water scarcity” and “water quality”. The circular economy dimension includes the topics of “materials efficiency” and “second life”. The diversity dimension includes the topics “equity” and “inclusion”. The human rights dimension includes the issues of “responsibility” and “transparency”. The health dimension includes the topics of "occupational safety" and "substances of concern". In the middle of the hexagon it says “New Dimensions Sustainability 2025”.
The target vision “New Dimensions — Sustainability 2025.”

We see sustainability as the balance between the economic, ecological and social dimensions of our business activities as part of responsible corporate governance.

We have summarized the focal points of our sustainability management in the “New Dimensions — Sustainability 2025” target vision. It describes six topic areas that set the framework for our activities in the coming years.

Our target vision in detail

With our activities, we support the United Nations Sustainable Development Goals (SDGs) adopted in 2015. By regularly comparing them against our sustainability activities, we gauge where we as a company can make a specific contribution to individual SDGs.

Clear designation of responsibility for sustainability

Defined as a group-wide task within the Bosch Group, sustainability is coordinated by the Sustainability and EHS (Environment, Health, Safety) corporate department. The business sectors pursue the jointly set goals on the basis of systematic sustainability management.

Presentation of the organization of sustainability at Bosch: At Bosch, the highest technical committee for sustainability is the Corporate Sustainability Board under the aegis of the CEO. The board concerns itself with Bosch’s strategic orientation in relation to sustainability, whereas goal agreements and management review for all sustainability-related issues are the responsibility of the CEO and the board of management member responsible for sustainability.
Find out more about how sustainability is organized at Bosch on page 14 of the sustainability report.

Focusing on what truly matters

As a leading global supplier of technology and services, Bosch operates in a large number of markets around the world. Directly or indirectly, our business operations affect the interests of a wide range of stakeholders. To parse out what these interests are and take account of them in our activities, we actively seek to enter into dialogue with our stakeholders. We address issues that are brought to our attention via the different communication channels as well as seeking dialogue on those issues that we ourselves want to raise in the social discourse. As a result, we hold a continuous exchange on a broad range of highly diverse topics from which all parties involved benefit.

Overview of key stakeholder groups, forms of dialogue and material topics

Compliance – even beyond corporate boundaries

Compliance refers to the observance of legal requirements and internal corporate policies and rules. At Bosch, this is an integral part of our corporate values. To this end, we have unequivocally defined our position on legal requirements and ethical issues in a globally applicable Code of Business Conduct. Combined with the Bosch values, it provides the foundation for Bosch’s success in business. We feel that responsible and lawful conduct is important beyond company boundaries and have formulated our expectations of our business partners in codes of conduct.

Dr. Stefan Hartung
Dr. Stefan Hartung, chairman of the board of management
Code of Business Conduct

Code of Business Conduct

Code of Conduct for Business Partners

Code of Conduct for Business Partners

Download icon - Details about reporting

Details about reporting

Download icon - Declaration of Principles on Human Rights of the Bosch Group

Declaration of Principles on Human Rights of the Bosch Group

Comprehensive compliance management system

Bosch’s compliance management system provides a binding framework worldwide for promoting compliant conduct and serves to reduce compliance risks. It provides the basis for effective implementation of external and internal requirements and defines minimum requirements for processes of relevance for compliance. These include various prevention and control measures as well as the internal Bosch reporting system. Associates, business partners, and third parties can use this system at any time to report non-compliance, anonymously if they wish.

Poster of the awareness campaign „Speak up!“

Speak up! — group-wide awareness campaign started

By running a diverse range of campaigns every year, we increase the visibility of the topic of compliance and the pertinent contact persons within the company.

In this connection, a global awareness campaign on the Bosch reporting system and the protection of whistleblowers was launched in 2022. It is aimed at all Bosch associates worldwide and is intended to raise awareness of the issues of submitting reports and whistleblower protection. The campaign makes the work of the compliance organization transparent, thus helping to further strengthen the trust of associates in internal reporting and whistleblowing channels at Bosch. Under the motto “Speak up!” it also aims to encourage associates to report any suspicions of misconduct.

* With its more than 400 locations worldwide, the Bosch Group has been carbon neutral overall (scopes 1 & 2) since 2020. We achieved carbon neutrality by using four levers: increasing energy efficiency, generating our own energy from renewable sources (new clean power), purchasing electricity from renewable sources (green electricity), and – as a last resort – offsetting residual CO₂ emissions. In 2022, residual emissions of 0.7 million tons of CO₂ were offset through carbon credits. Scopes 1, 2, 3 are used according to the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard. We have taken into account the effects of both CO₂ as well as other greenhouse gases and climate-relevant substances, insofar as the latter are relevant for the analysis. For better readability, we use CO₂ synonymously with CO₂ equivalents.

Share this on: