The United Nations’ 17 Sustainable Development Goals comprise a broad range of global targets, among them no poverty, quality education, and universal healthcare. The SDGs were introduced in 2016 and are to be achieved by 2030.
The aims of enabling the entire global population to lead a life of dignity, of promoting progress, and of protecting the environment are central points of orientation for politics and business, as well as for Bosch. Since 2004, we have been a member of the UN Global Compact, and are thus committed to observing the UN’s international guidelines with regard to human rights, labor standards, environmental protection, and the fight against corruption. This report describes the progress we have made in each of these areas. The SDGs have provided us with a frame of reference for our activities. They allow us to assess the ways in which our solutions contribute to lasting social change. We strongly believe that with innovative products and services that are “Invented for life,” we can make an important contribution to society while at the same time securing our company’s future.
We see major opportunities in the areas of connectivity, electrification, and energy efficiency. Moreover, thanks to our systematic sustainability management, we can tackle the risks that climate change and resource scarcity have brought forth. Our core business determines which of the global sustainability goals Bosch supports first and foremost. In particular, our activities focus on health and safety (SDG 3), sustainable cities and communities (SDG 11), and reducing CO2 emissions (SDG 13). In addition to this, our commitment to social well-being includes improving access to education (SDG 4) and promoting peace and justice (SDG 16).
The structure of this year’s sustainability report is based on the UN targets, and our activities are described accordingly. For instance, in order to promote sustainability through innovation, last year we spent 55 percent of our research and development budget on our environmental and safety portfolio. We continued to focus on further improving the efficiency of the internal combustion engine. At the same time, we kept up our commitment of spending 400 million euros each year to drive electromobility forward. We also worked on technologies that will help make cities more sustainable. This included developing solutions for automated driving and connected parking. According to a recent Bosch study, connected functions in vehicles could reduce annual CO2 emissions by 400,000 tons a year in Germany, the U.S., and China alone. And in cooperation with Robert Bosch Stiftung and Robert Bosch Hospital, we recently founded the new Robert Bosch Tumor Center with the aim of fighting cancer.
Ultimately, innovation also means consistently reassessing our own positions, viewing all issues from a broad range of perspectives, and being willing to forge new paths. If the world of business adopts this understanding of innovation, I strongly believe that we can make a major contribution to mastering the challenges society faces. This report provides a detailed overview of what Bosch is doing in this regard.
Dr. Volkmar Denner
Chairman of the board of management of Robert Bosch GmbH