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Hamburg/Stuttgart - Franz Fehrenbach, CEO of Robert Bosch GmbH, has been awarded the distinguished German Environmental Management Association’s (B.A.U.M.) Environmental Award in the Large Enterprise category. The award recognizes environmentally conscious management practices.
The award ceremony, which was attended by important personalities from business, politics, and society, was held at Hamburg’s city hall on November 23. The event was a celebration of Fehrenbach's long-term and consistent commitment to protecting the environment and conserving resources in Bosch Group activities.
Moreover, his commitment to the continuous development of forward-looking technologies such as photovoltaics was also highlighted. Professor Maximilian Gege, chairman of B.A.U.M., said that the award recognized Fehrenbach’s commitment to “putting thoughts about sustainability into practice.”
Fehrenbach sees the prize as proof that the economy and ecology are no longer at odds with each other. “Nowadays,” he said, “we provide convincing technological answers to ecological questions.”
Particularly in areas such as automotive and industrial technologies, as well as for buildings and consumer goods, Fehrenbach sees a great deal of growth potential for eco-friendly technologies.
Today, Bosch invests some 45 percent of its research and development budget in technologies that help protect the environment and conserve resources, and generates a strong third of its sales with such products. In line with "Invented for life", the company’s strategic slogan, Bosch is working to develop technologies such as lithium-ion batteries and alternative drive systems for the automobile.
The company also aims to tap the potential of renewable energies, for instance with photovoltaic technologies. Ultimately, energy efficiency is the best means of ensuring that all Bosch products contribute to meeting global CO2 emissions standards.
This is why Bosch’s “Design for Environment” team ensures that concerns such as energy efficiency, recycling objectives and material restrictions are factored into product development processes.
For additional information, contact:
Julia Golubtsova, OOO Robert Bosch
Tel.: +7 495 937-04-02
Fax: +7 495 937-71-99
e-mail:  julia.golubtsova@ru.bosch.com
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The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 280,000 associates generated sales of 45.1 billion euros in fiscal 2008. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Each year, Bosch spends more than 3.5 billion euros, or eight percent of its sales revenue, for research and development, and applies for over 3,000 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future.Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Additional information can be accessed at www.bosch.com.
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PI 6886 - November 30, 2009
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