Bosch, a tier-1 automotive manufacturer wanted to maximize energy efficiency and low-carbon sources in its manufacturing sites through a triple approach: energy efficiency, green electricity, and in-house green power.
By 2030, Bosch wants to substantially increase energy efficiency and operationalize measures in sites with savings potential totaling 1.7 terawatthours (TWh). An annual budget of 100 million euros has been set for this purpose until 2030. Since 2019, they have initiated more than 3,000 projects worldwide allowing so far to capture savings potential of 559 GWh through energy efficiency measures. The different measures are evaluated for eligibility and prioritized based on an internal CO2 pricing mechanism to ensure the greatest possible leverage with the resources available.
Bosch has also strongly focused on the purchase of green electricity from existing plants and has been expanding its purchase volume from renewable sources since 2019. In total, green electricity already covers 89 percent of the Bosch Group’s global electricity requirements in 2021, with the aim to reach 100 percent by 2030. To prioritise action, efforts initially centered on countries where Bosch consumes a particularly large amount of energy, and gradually expended across other countries.
Beyond energy efficiency and green electricity purchase, Bosch aims to drive renewable energy generation – both through inhouse generation at its company locations and through long-term supply contracts. To this end, the company aims to generate 400 GWh of its annual energy requirements in-house at the company locations from renewable sources by 2030 (already reaching 23% of the target in 2021). Bosch relies primarily on photovoltaics, focusing on the regions where local conditions are favorable for their use (India, China, Germany). In parallel, the company entered into long-term supply agreements with energy suppliers in Germany, India, and the Netherlands in 2021, to enable the construction of new renewable energy plants which would provide subsidy-free solar and wind power electricity.