Bosch joins greenhouse gas emissions registry
August 22, 2008 by Manufacturing AUTOMATION
Farmington Hills, Mich. – Bosch has become a member of the Chicago Climate Exchange (CCX), the worldÃs first and North AmericaÃs only voluntary, legally binding greenhouse gas emissions reduction, registry and trading program.
In joining the program, Bosch has committed to achieve a six per cent reduction in greenhouse gas emissions at its U.S. operations by 2010, from a baseline of the companyÃs average greenhouse gas emissions in the year 2000.
In addition to this initiative, Bosch has long been committed to developing energy-efficient products and technologies in the renewable and clean energy space. In 2007, more than 40 per cent of the companyÃs R&D expenditure was directed at products that help to protect the environment and conserve natural resources.
“Bosch is deeply committed to environmental stewardship and developing innovative, renewable energy technologies that save energy and reduce CO2 emissions,” says Peter Marks, chairman, president and CEO, Robert Bosch LLC. “By joining CCX and reducing our greenhouse gas emissions, we are further demonstrating this commitment which is at the heart of BoschÃs core philosophy.”