Potential offtaker

Robert Bosch

www.bosch.com

Estimated electricity consumption

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Countries of production presence

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Robert Bosch GmbH is a multinational engineering and technology company based in Germany, with a strong presence in the automotive industry. The company was founded in 1886 by Robert Bosch and has since grown to become one of the largest automotive suppliers in the world. Bosch operates in various sectors, including automotive technology, industrial technology, consumer goods, and energy and building technology.

In the automotive sector, Bosch is a leading supplier of automotive parts and systems, including powertrain systems, safety systems, and electrical and electronic components. The company is committed to decarbonisation and reducing the environmental impact of the automotive industry. Bosch has set a goal to achieve carbon neutrality by 2020 and has implemented various initiatives to achieve this goal.

One of the key initiatives that Bosch has implemented is corporate energy management. The company has established an energy management system that focuses on reducing energy consumption and increasing energy efficiency across its operations. This system includes the use of renewable energy sources, such as solar and wind power, to generate electricity.

Bosch has also implemented corporate power purchase agreements (PPAs) to support the development of renewable energy projects. PPAs are long-term contracts between a company and a renewable energy project developer, where the company agrees to purchase a certain amount of renewable energy from the project. By entering into PPAs, Bosch is supporting the development of renewable energy projects and reducing its carbon footprint.

In addition to its corporate energy management and PPA initiatives, Bosch is also investing in renewable energy projects. The company has invested in wind and solar power projects in Germany, India, and the United States. These investments not only support the development of renewable energy but also provide Bosch with a stable source of renewable energy for its operations.

Bosch is also involved in the development of new technologies that support decarbonisation and the transition to renewable energy. For example, the company is developing battery technology for electric vehicles and stationary energy storage systems. These technologies are essential for the widespread adoption of electric vehicles and the integration of renewable energy into the grid.

Overall, Bosch is a company that is committed to decarbonisation and reducing the environmental impact of the automotive industry. The company has implemented various initiatives to reduce its carbon footprint, including corporate energy management, PPAs, and investments in renewable energy projects. Bosch is also developing new technologies that support decarbonisation and the transition to renewable energy. As the automotive industry continues to evolve, Bosch will play a critical role in driving the transition to a more sustainable future.

✓ Current offtaker under Corporate PPA's
✓ Science Based Targets member