With EcoVision4 we have committed to the following by 2012: • Generate 30% of total revenues from Green Products • Double investment in Green Innovations to a cumulative EUR 1 billion
• Improve our operational energy efficiency by 25% and reduce our CO2 emissions by 25%, all compared with the base year 2007. Our EcoVision4 environmental action program began in 2007 and will run through 2012, next to our EcoVision5 program, which runs from 2010 to 2015.
Philips Green Products have a significant improved environmental advantage for customers, users and society in one or more of the Philips green focal areas: energy consumption, packaging, hazardous substances, weight, recycling and lifetime reliability.
“Big changes start small”
Gerard Kleisterlee, President and CEO of Philips said in a letter to employees: “We believe that big changes start small and that every one of us should contribute to saving our planet. What’s more, we are convinced that those companies that combine the principles of economic growth and environmental stewardship will be the winners of the future and offer long term rewards to you, our employees, and to our customers, partners and shareholders.”
These targets mean that our offices will be outfitted with energy efficient lighting systems and that further reductions in greenhouse-gas emissions will be realized in production and distribution. Furthermore, we are calling on employees to be environmentally aware every day in their working environment.
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