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We could tell you that BSH has adopted a new Materials and Substances Strategy, throw technical KPIs at you, and leave you with six pages of strategy to read. Instead, we will outline why this is so important for the future of our company. With this new strategy, we are paving the way for increasingly sustainable use of resources as well as the end of the throwaway mentality.
Why is BSH’s Materials and Substances Strategy such a big deal?
The volume of globally generated electronic waste is still steadily increasing. Only 17.4 percent of this was documented for collection and properly recycled. Even in the European Union, less than 40% of all electronic waste is recycled.
At BSH, we want to stop this trend. That is why we pledge ourselves to the principles of Circular Economy. The ultimate goal is to close material cycles so that little to no waste is generated. So why don’t we start already today, if we know about the solution?
BSH Hausgeräte GmbH, with a total turnover of some EUR 15.6 billion and 62,000 employees in 2022, is a global leader in the home appliance industry. The company’s brand portfolio includes eleven well-known appliance brands like Bosch, Siemens, Gaggenau and Neff as well as the ecosystem brand Home Connect and service brands like Kitchen Stories. BSH produces at 40 factories and is represented in some 50 countries. BSH is a Bosch Group company.