Improving People’s Lives

At Philips, we strive to make the world healthier and more sustainable through innovation. Our goal is to improve the lives of 3 billion people a year by 2025.To guide our efforts and measure our progress, we take a two-dimensional approach – social and ecological.

The creation of Philips products and solutions that directly support the curative or preventive side of people’s health was one of the key objectives of our EcoVision5 program with a target of 500 million lives improved in 2015. By year-end 2012, we were already at a level of 570 million lives, driven by our Healthcare sector.

 

With the renewal of our company vision in 2012 we have extended this approach with our well-being products that help people live a healthy life, as well as our Green Products that contribute to a healthy ecosystem. Our goal is to improve the lives of 3 billion people a year by 2025.

 

We calculate the number of Lives Improved based on the quantity of Green, Care and Well-being products sold. We calculate the average lifetime of these products and multiply the figures to determine the number of people touched by our products. After elimination of double counts – people touched multiple times – we arrived at 1.8 billion lives improved in 2013. This is an increase of 100 million compared to our total baseline of 1.7 billion people a year, established in 2012.

 

Please go the download section for a more detailed version of the Lives Improved methodology.

 

 

Lives improved map