- DJSI: Philips achieves a score of 90/100 – Best in Class score in Environmental Dimensions
- CDP: One of the highest scoring companies on disclosure and performance (100 points and
Amsterdam, The Netherlands - Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it has maintained its membership of the 2013 Dow Jones Sustainability Index (DJSI) in the Industrial Conglomerates category. This is the first time Philips is included in the Industrial Conglomerates category since its reclassification this year and after being a supersector leader in the DJSI Personal and Household Goods category for two consecutive years. The new classification better reflects Philips’ diversified industrial portfolio.
Placing sustainability at the core of business practices across the organization translated into DJSI recognition for Philips on such aspects as climate strategy, operational eco-efficiency, environmental reporting and social indicators such as its human capital development. The most notable scores were marked in the customer relationship management (100 out of 100 points) and climate strategy (99 out of 100 points) categories. Philips’ overall score was 90 out of 100 points.
The annual CDP Global 500 report, also published today, shows Philips is leading in both the Carbon Disclosure Leadership Index and the Carbon Performance Leadership Index. For the third consecutive year, Philips is recognized as a leader in both carbon disclosure and performance.
Frans van Houten, CEO of Royal Philips commented: “Our sustainability goals are very ambitious and we constantly challenge ourselves to go further. Sustainability is part of our DNA and we aim to make the world healthier and more sustainable by improving the lives of 3 billion people per year by 2025. Both of these independent rankings are great testimonials to our strategy where sustainability is an integral part driving long-term growth and inspiring meaningful innovation.”
In 2012, Philips generated 47% of its total sales from green products, achieved its five-year carbon reduction target and took concrete steps to lead in climate change action.
Notes to the editor:
Philips has identified three key innovation areas in the areas of ‘improving lives’, ‘energy efficiency’ and ‘materials’ by 2015:
- Improving people’s lives: 2015 Target: 2 billion lives a year by 2015. 3 billion lives by 2025.
- Improving energy efficiency of Philips products. 2015 Target: 50% improvement for the average total product portfolio compared to 2009>
- Closing the materials loop. 2015 Targets: Double global collection, recycling amounts and recycled materials in products compared to 2009.