Our core values

We take a systematic approach to driving social impact and reducing the environmental footprint of our supply chain. By collaborating openly with suppliers, industry peers and cross-industry partners, we drive continuous improvement and measure impact through a structured, phased process. Our focus is on clear commitments, increased transparency and accountability in meeting supplier targets.

Philips supports suppliers with tailored programs, including coaching, peer-to-peer networking and self-directed action plans. We assess supplier sustainability maturity through a combination of code of conduct evaluations and deep-dive assessments in areas such as human rights and carbon reduction. Our approach emphasizes long-term improvement over quick fixes, ensuring that every supplier has the opportunity to meet agreed-upon targets and raise their sustainability standards.

We believe that integrity is fundamental to our sustainability efforts. Philips doesn’t tolerate unethical behavior and encourages openness, transparency and honesty throughout our supply chain. We invite all stakeholders to report concerns confidentially, reinforcing our commitment to responsible business practices and continuous improvement.