Sustainability at Philips is all about improving the health and well-being of individuals through meaningful solutions. We are committed to developing, promoting and marketing more energy efficient solutions for people in all markets. We address this challenge with our Green Products and focus on Green Innovation.
In 2012, sales from Green Products increased to EUR 11,238 million, contributing significantly to the total revenue stream. As a percentage of the Group total, Green Product sales rose to 45%, up from 39% in 2011, and on track to reach the new target of 50% in 2015. And to ensure our green pipeline remains well stocked, we invested some EUR 569 million in Green Innovation in 2012.