Andreas Abbing, vice president and Technical Plant manager of the Bosch Vietnam plant said, "At Bosch, we firmly believe that embracing sustainable, ecological, and socially responsible practices forms the cornerstone of our business success."
"This ethos permeates the entire Bosch group, manifesting in our day-to-day actions. Across all activities and the production processes, our goal is to minimise electricity consumption significantly, striving for effective CO2 neutrality through a multitude of initiatives. The solar power system stands out as a noteworthy project, exemplifying our steadfast commitment to utilising energy sustainably," Abbing continued.
The successful installation of the solar panel system at the Bosch Vietnam plant will generate approximately 2,300MWh of clean energy annually and cut 1,630 tons of CO2 emissions. This reduction is equivalent to planting around 30,000 trees annually.
Underlining its dedication to environmental protection, the Bosch Vietnam Plant has made a significant investment of around $1 million to install a wastewater recycling system. Since 2020, this initiative has enabled the plant to use treated wastewater for 65 per cent of its total consumption.
Additionally, Bosch Vietnam has launched a series of campaigns across its Vietnamese locations, notably including an annual tree planting initiative. This effort has led to the planting of hundreds of trees, significantly enriching Vietnam's forests.
The firm's internal green campaigns encourage its associates to engage in reduce, reuse, recycle drives, promoting the conservation of natural resources, energy efficiency, and environmental protection.
Furthermore, Bosch Vietnam's active engagement in social initiatives and community projects in Vietnam, such as vocational training and other social programmes, aims to empower local communities and enhance the quality of life in the region.
With more than 400 locations worldwide, the Bosch Group has achieved overall carbon neutrality (scopes 1 and 2) since 2020. The company realised this goal by employing four key strategies, namely enhancing energy efficiency, generating energy from renewable sources (new clean power), procuring electricity from renewable sources (green electricity), and, as a final measure, offsetting residual CO2 emissions.
In 2022, residual emissions of 0.7 million tons of CO2 were offset through carbon credits. Scopes 1, 2, 3 are used according to the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard.
Vietnam launches Resource Mobilisation Plan for Just Energy Transition Partnership During the World Leaders Summit at COP28 on December 1, Vietnamese Prime Minister Pham Minh Chinh launched the Resource Mobilisation Plan (RMP), which marks a key milestone towards the implementation of the Just Energy Transition Partnership. |
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