Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today provided an update on its key Environmental, Social, and Governance (ESG) achievements in 2021 as it continues to deliver innovative health technology solutions around the world. These 2021 ESG achievements include 1.7 billion lives improved by Philips’ healthcare and personal health products, services and solutions, 16% of sales derived from circular revenues, and continued carbon neutrality in its own operations. “Inspired by our purpose to improve people’s health and well-being, we innovate solutions that deliver meaningful impact, while doing business responsibly and sustainably,” said Frans van Houten, CEO of Royal Philips. “I am proud that we again delivered on our ESG commitments, such as reaching 1.7 billion people with our products, services and solutions in 2021, including 167 million in underserved communities. Driven by the creativity and hard work of our global workforce, we will continue to raise the bar for ourselves and our partners across our entire value chain.” Philips’ Environmental, Social, and Governance update is an integral part of the Philips Annual Report 2021, which was published earlier today. Highlights include: Environmental:
Social: Governance: More information about how Philips is partnering with stakeholders to drive environmental, social, and governance priorities and make a global impact is available here.
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being, and enabling better outcomes across the health continuum – from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips generated 2021 sales of EUR 17.2 billion and employs approximately 78,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.
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