The Bosch Group (Robert Bosch GmbH) is a limited liability, multinational engineering conglomerate headquartered in Gerlingen, Germany, whose core operations include automotive parts and components, power tools, security systems, mobile, and industrial manufacturing. The Bosch Group believes global ecological concerns are a driving-force of their innovation and shapes the foundation for the company’s overall success.
The company slogan “Invented for Life” is more than just a clever marketing tactic, it’s how they do business. The Bosch Group aims to develop products that protect the environment and conserve resources, while also making renewable sources of energy more economical, and mobility safer, cleaner, and more efficient. As a result of globalization, raw materials required for industrial operation have become increasingly expensive. These costs are typically passed-on to the customer. However, The Bosch Group is taking a slightly different approach by reducing the amount of raw materials they use, and where possible, they recycle products and materials by feeding them back into the production cycle. For example, the Bosch eXchange program is one for which automotive parts and components are industrially re-manufactured.
Each year, roughly 2.5 million of Bosch’s parts and components like reconditioned starters, alternators, and ignition distributors are used in vehicle repairs and cost up to 40 percent less than new counterparts. The Bosch Group equally devotes a considerable amount of resources toward community development and diversity activities such as providing above-average wages to their employees, academic support and empowerment, sponsoring local charitable institutions, and promoting more women into management and executive positions. Bosch is committed to building trust through fairness, complete transparency, reliability, credibility, integrity, and diversity.