For many years Philips has pursued a consistent policy to enhance and improve its corporate governance in line with US, Dutch and international (codes of) best practices.

Risk Management

Philips’ risk management focuses on the following risk categories: Strategic, Operational, Compliance and Financial risks. 


The risk overview highlights the main risks known to Philips, which could hinder it in achieving its strategic and financial business objectives. The risk overview may, however, not include all the risks that may ultimately affect Philips. Some risks not yet known to Philips, or currently believed not to be material, could ultimately have a major impact on Philips’ businesses, objectives, revenues, income, assets, liquidity or capital resources.

Business Principles

Acting with integrity is at the heart of our culture, and is part and parcel of our company’s mission and vision.


While pursuing our business objectives, we aim to be a responsible partner in society, acting with integrity towards our employees, customers, business partners and shareholders, as well as the wider community in which we operate.