On Thursday 28th October, Philips announced an additional ambitious action to combat climate change. The company is stepping up its acclaimed supplier sustainability program with the goal of at least 50% of its suppliers (based on spend) committing to science-based targets (SBTs) [1] for CO₂ emissions reduction by 2025.
CEO Frans van Houten took the opportunity to speak with CNBC to discuss this major push to decarbonize the company’s supply chain. Click on the image or this link to watch the interview.
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