Inclusion & Diversity (I&D)
Philips continues to strengthen its efforts to build a more inclusive culture, where people are valued and accepted for who they are, and where everyone can be themselves. Key accomplishments in 2022 include:
- 30% of senior positions are now filled by women, up from 28% in 2021. Philips is committed to 35% gender diversity in senior leadership positions by 2025.
- Philips embarked on an I&D learning journey for every employee, covering a variety of topics including workplace diversity, equity and inclusion, psychological safety, unconscious bias, and micro-aggressions. These courses have been rolled out globally across the company, building on the successful unconscious bias awareness and training program in North America. Uptake is being tracked.
- Increased focus on mental health and well-being of employees, while continuing to ensure a safe and healthy workplace during the ongoing COVID-19 pandemic.
Finally, and drawing on best practices and experience from Philips’ existing supplier base and the wider industry, Philips put in place a new ‘Supplier Diversity in Spend Management’ program in North America aimed at increasing the company’s procurement from minority-run businesses. The program has already seen a year-to-date increase of 20% in diverse spend in 2022, compared to 2021, across all North America operations, with more money going to local, minority-owned businesses that, in turn, can reinvest in salaries and communities.