We can help create a more sustainable world

We would like to invite you to find out more about our new five year sustainability program running from 2016-2020 ‘Healthy people, sustainable planet.’
We invest in the development of green technologies and products, take action to reduce the ecological footprint of our operations and supply chain, and strive for an injury-free and illness-free work environment. Our commitment to the circular economy mindset is helping us to close the materials loop and transition towards new business models.
Green Products and Green Innovation

The development of new generations of Green Products and Green Technologies is driven by our Green Innovation program.

We drive sustainability in all aspects of product creation through our EcoDesign process. The six green focal areas of EcoDesign enable us to offer our customers Green Products; these are products that can help reduce costs, energy consumption and CO2 emissions.

 

A Green Product is defined as a product that offers an improvement of at least 10% compared with its predecessor or competitor product in at least one of the green focal areas.

52%

Green Products

as % of total 2014 sales¹

€463

million

invested in Green Innovation in 2014²
Green Operations

Our Green Operations program focuses on climate change, water, waste recycling and chemical substances

Our main target is to reduce carbon emissions by 40% by 2015. We are minimizing our ecological footprint through energy efficiency measures, green IT and renewable energy. We are also investing in new machinery to reduce our water consumption and waste.

2.5

planets

The world is currently consuming resources at a rate that is over 2.5 times the level the Earth can sustainably support.³
Philips Seattle recycling and re-use

From landfill to recycling and re-use

From packaging to training, we know that recycling is key to sustainability. By recycling waste from the production process, our operation in Seattle is helping to fuel a circular economy and a more energy-efficient tomorrow.

 

Supplier sustainability

We want to work with suppliers who share our commitment to sustainability

We want to make a difference through sustainable supply management and responsible sourcing. Not simply managing compliance, but working together with our supply partners to have a positive and lasting impact.
Circular Economy

The closed loops of a circular economy

A sustainable world requires a new way of doing business that moves away from the traditional linear economy, with its take-make-break model, towards a holistic, circular economy. A circular economy aims to decouple economic growth from the use of natural resources and ecosystems by using those resources more effectively.

 

Key characteristics of this approach are customer access over ownership, business model innovations, reverse cycles and logistics, innovations for material, component and product re-use, and products designed for disassembly and serviceability.

1 trillion US$

business value

The potential business value that could be unlocked by the transition to a circular economy⁴

¹ Philips Annual Report 2014

² Philips Annual Report 2014

³ http://wwf.panda.org/about_our_earth/all_publications/living_planet_report/
⁴ Ellen MacArthur Foundation