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Responsible corporate governance

Sustainability strategy and 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.

Graphic of the Bosch sustainability target vision. The six dimensions of the target vision are arranged in a hexagon: climate action, water, circular economy, people, human rights and health.
The target vision “New Dimensions”.

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” 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 (SDG) 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 SDG.

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.
At Bosch, the highest technical committee for sustainability is the Corporate Sustainability Board (CSB) under the aegis of the chairman of the board of management of Robert Bosch GmbH and the board of management member responsible for sustainability. In particular, the CSB defines the Bosch Group’s sustainability strategy and the corresponding sustainability goals. Find out more about how sustainability is organized at Bosch from page 9 of the sustainability report.

Focusing on what truly matters

As part of our double materiality assessment, we identified the sustainability matters in 2024 that could have a significant impact on our business, people, and the environment. With this approach, we are following the requirements of the Corporate Sustainability Reporting Directive (CSRD) and the associated European Sustainability Reporting Standards (ESRS).

Results of the double materiality analysis of the Bosch Group
The topics inside the quadrants are listed according to their mention in the ESRS, so conclusions cannot be drawn from the order with regard to the relevance of the individual topics. The aggregated presentation of the topics is based on an assessment at the level of the sub-topics.

Respect for human rights

As a globally operating company, we recognize our corporate responsibility to respect human rights.

By implementing human rights and environmental due diligence obligations in our operational processes, we contribute to improving human rights conditions worldwide. At the same time, we actively demand respect for human rights in our global supply chains as well and take appropriate remedial action in the case of violations.

Our business activity is aligned to the United Nations Guiding Principles on Business and Human Rights and we comply with the requirements of the National Action Plan for Business and Human Rights applicable in Germany. We implement the requirements of the German Act on Corporate Due Diligence Obligations in Supply Chains (Lieferkettensorgfaltspflichtengesetz, LkSG). Bosch also meets other country-specific requirements, such as the Modern Slavery Act in the UK or the French Loi de Vigilance.

We likewise expect our business partners to commit to respect human rights, to establish appropriate due diligence processes, and to oblige their own suppliers and other third parties to comply with corresponding principles to the best of their ability.

Representation of a blue hand on a white background; the lettering "Human rights" can be found under the hand.

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