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Sustainability strategy

Clear vision sets the direction

Bosch location in Renningen, Germany.

Bosch is committed to sustainability and is constantly evolving in this respect. The cor­responding strategic foundations are anchored in our “New Dimensions — Sustainability 2025” target vision.

Sustainability strategy

By acting in an economically, environmentally, and socially responsible manner, we want to improve people’s quality of life and safeguard the livelihoods of present and future generations.

Bosch has set itself clear sustainability targets with its “New Dimensions — Sustainability 2025” target vision. The vision describes six fundamental dimensions, each of which is specified and elaborated further by reference to two key aspects with clearly defined, medium-term targets. Derived from the megatrends affecting our company and the findings of our materiality analysis, the dimensions set the stage for our activities in the years ahead.

Graphic of the Bosch sustainability target vision: The six dimensions of the target vision are arranged in a hexagon. The climate dimension includes the topics "CO2 Scope 1 & 2" and "CO2 Scope 3". The energy dimension includes the topics of “energy efficiency” and “renewable energies”. The water dimension includes the topics “water scarcity” and “water quality”. The urbanization dimension includes the topics of “life cycle analyzes” and “resources and waste”. The globalization dimension includes the issues of “responsibility” and “supply chain”. 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”.
“We want to take action wherever it will be most beneficial for the environment and society.”
Torsten Kallweit, Head of EHS and Sustainability at Bosch

Our target vision in detail

Organization

At Bosch, sustainability is defined as a central task that the various business sectors tackle together on the basis of ambitious goals and systematic sustainability management. At Bosch, the highest technical committee for sustainability is the corporate social responsibility steering committee under the aegis of the CEO. The steering committee 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.

The EHS and Sustainability corporate department is responsible for sustainability management, which mainly entails setting and tracking goals, designing and supporting programs, preparing concepts for further development, and reporting on sustainability.

From a content point of view, the Communications and Governmental Affairs corporate department focuses on sustainability communications and stakeholder engagement.

Responsibility for worldwide implementation of the sustainability strategy and monitoring the achievement of goals rests with the competent specialists at headquarters and in the divisions. The structure we apply in sustainability management is one that has already served us well in other areas: strategy and framework conditions are defined centrally, and the divisions focus on compliance with the standards and processes, right through to certification.

How sustainability is organized at Bosch

Focusing on what truly matters

We use a materiality analysis to determine which aspects of sustainability to focus our activities on.

We updated our materiality matrix at the end of 2019: more than 1,000 international stakeholders — including business partners, representatives of the scientific community, policymakers, the capital market, and relevant nongovernmental organizations, as well as associates and prospective job applicants — gave their assessment of the relevance of sustainability issues. The materiality matrix highlights the aspects that Bosch and its stakeholders deem to be of material relevance within the defined fields of activity.

Materiality matrix: Relevance of different sustainability topics assessed by stakeholders and by Bosch

The Sustainable Development Goals of the United Nations

Especially in times of fundamental change, it is important to take responsibility for people, the environment, and society. That is why we have also committed to the United Nations’ Sustainable Development Goals (SDGs), which extend into 2030 and promotes sustainable development worldwide. We support these goals with our products and services by offering solutions to social challenges and finding answers to environmental and social questions. We regularly benchmark our sustainability activities against the 17 SDGs. The following are of particular relevance for our company:

  • zero hunger (SDG 2)
  • good health and well-being (SDG 3)
  • quality education (SDG 4)
  • gender equality (SDG 5)
  • clean water and sanitation (SDG 6)
  • affordable and clean energy (SDG 7)
  • decent work and economic growth (SDG 8)
  • industry, innovation, and infrastructure (SDG 9)
  • sustainable cities and communities (SDG 11)
  • sustainable consumption and production (SDG 12)
  • climate action (SDG 13)

Bosch’s diverse activities also support aspects of other UN goals.

Bosch target vision SDGs 2020

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