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Industrial Giant Bosch Says It Can Cut All Emissions Next Year

  • Ambitious plan boosts green power, energy saving, CO2 offsets
  • German climate policy is compelling companies to clean up
On the assembly line inside a Robert Bosch GmbH manufacturing plant.

On the assembly line inside a Robert Bosch GmbH manufacturing plant.

Photographer: Akos Stiller/Bloomberg

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One of Germany’s biggest and oldest companies wants to become carbon neutral by next year, starting a race to tap more green power, ramp up energy savings and offset emissions.

Robert Bosch GmbH announced the sweeping plan that will impact 400 sites worldwide on Thursday. It puts the 133-year-old company at the forefront German blue chips moving to eliminate emissions as new costs loom for greenhouse gas pollution. Chancellor Angela Merkel’s government has been cracking down on the carbon dioxide emitted by Europe’s biggest economy in order to meet obligations under the Paris climate accord.