Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced the launch of its new 5-year sustainability program, ‘Healthy people, sustainable planet’, during a webinar hosted by the company’s CEO Frans van Houten. This new program builds on Philips’ objective to improve the lives of three billion people a year in 2025 [1] by making the world healthier and more sustainable through innovation. The program objectives are based on three pillars: creating value for Philips’ customers through sustainable solutions, leading by example in its sustainable operations, and multiplying its impact by driving sustainability through its supply chain. Important targets set in the new program for 2020 include:
The program builds on the success of EcoVision, Philips’ sustainability approach that spanned the years 1994 to 2015. In 2015, Philips was recognized as a world leader for corporate action on climate change, achieving a perfect score in the CDP Climate Change survey for the third year in a row, and being named industry leader in the ‘Industrial Conglomerates’ category in the Dow Jones Sustainability Index.
“I am extremely proud to share the ‘Healthy people, sustainable planet’ program,” said Frans van Houten. “At Philips, we fully embrace sustainability, because of its benefits for society, and because we believe that it is a driver for economic growth. That’s why sustainability is an integral part of our company strategy. Our new program reflects our commitment to the universally agreed United Nation’s Sustainable Development Goals, especially those to ensure healthy lives and promote well-being for all at all ages, and to ensure sustainable consumption and production patterns. We have set ambitious targets for our innovations, products, solutions, operations and the business partners we work with, to meet those objectives.”
Further details on the ‘Healthy people, sustainable planet’ program can be found here.
[1] Market intelligence and statistical data are used for the number of people touched by our solutions that contribute to a healthy life or a sustainable planet. The average time these solutions are used is then multiplied by the number of solutions delivered in a year. After elimination of double counts, this results in the number of lives improved.
Ruud Stijnman Philips Group Communications Tel.: +31 6 1533 2220 E-mail: ruud.stijnman@philips.com Philips Group Communications Tel.: +31 6 10888824 E-mail: steve.klink@philips.com
Steve Klink
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Headquartered in the Netherlands, Philips’ health technology portfolio generated 2015 sales of EUR 16.8 billion and employs approximately 69,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.
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