Sustainability

Renewable energy

Increasing scarcity means that obtaining energy from the sources from which we have been obtaining them, non-renewable sources (fossil fuels, like coal, oil, and natural gas), is becoming too expensive and/or too environmentally damaging to retrieve. Therefore, renewable energy sources, sunlight, wind, rain, tides, waves and geothermal heat, play an important part in combatting climate change and energy security.
Philips, as a member of renewable energy association RE100, is committed to developing and deploying a strategy to source 100% of our electricity consumption from renewable sources. RE100 is a partnership founded by The Climate Group and CDP to encourage the world’s most influential businesses to join powers and commit to going 100% renewable. The aim is for at least 100 companies to make a global 100% renewable commitment with a clear timeframe for reaching this goal. We commit to becoming carbon neutral by 2020.
Carbon neutral by 2020 - infographic

We commit to becoming carbon neutral by 2020 at the UN Climate Change Conference COP21.

 

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Sourcing 55% of our global electricity consumption from renewable sources has a large positive impact on our carbon footprint and the reductions we’ve made since our commitment to cut it by 40% in the timeframe 2007 – 2015. We have been steadily increasing the portion of electricity coming from renewable sources. To date, Philips has sourced 3,353 GWh low carbon electricity since 2007; equivalent to powering 50,000 households with electricity throughout this period¹. Using low carbon electricity has led to avoided emissions of 1,452,347 metric tonnes CO2-e since 2007; equal to driving a mid-sized family car over 193,000 times around the world.

 

Philips has installed renewable energy installations at several of its sites. In 2012, we unveiled a 40-story wind turbine to power our lighting manufacturing facility in Fall River, Massachusetts, USA. This 2-megawatt wind turbine installation in Fall River provides up to 70 percent of the Philips plant’s electricity needs.

In 2014, we installed a ground-mounted 650 kW solar array with 2,000 panels at our Andover office. The solar panels are expected to generate 780,000 kWh annually, covering approximately 5% of the site’s energy consumption.

Philips Andover campus