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.


The General Business Principles set the standard for acting with integrity at Philips. They govern all our decisions and actions throughout the world and apply equally to our group actions and to our conduct as individuals.


The General Business Principles are an integral part of Philips’ labor contracts – and are available in 23 languages – in virtually all countries where Philips operates. Violations of the General Business Principles will result in disciplinary action.

General Business Principles

This section contains the Philips General Business Principles and dedicated Codes of Ethics that apply to employees working in specific areas of our business: the Financial Code of Ethics and the Procurement Code of Ethics.

Compliance and Reporting

This section outlines how we measure compliance with our General Business Principles and the tools for reporting suspected violations.

Integrity awareness

This section describes the ongoing initiatives to reinforce integrity awareness and drive the deployment of the General Business Principles.