Amsterdam, The Netherlands — Royal Philips Electronics (NYSE: PHG, AEX: PHIA) today announced that it has achieved the status of supersector leader in the Personal and Household Goods category of the 2012 Dow Jones Sustainability Index (DJSI). This is Philips’ second consecutive year as supersector leader. This result underlines Philips’ ongoing commitment to sustainability as an integral part of the company’s health and well-being strategy.
Philips’ continued investments in innovation, efficiency and transparency within the supply chain and focus on positive customer experiences consistently place sustainability at the core of business practices across the company. This philosophy has translated into notable DJSI ranking recognition for Philips on such aspects as climate strategy, environmental reporting and social indicators such as its human capital development. Most notably, Philips received 99 out of 100 possible points in the new ‘Supply Chain Management’ category.
"At Philips we strive to make the world healthier and more sustainable through innovation. It is our aim to improve the lives of 3 billion people per year by 2025. To meet these goals we apply environmental and societal considerations throughout all phases of our operations and it is encouraging to receive this recognition,” said Frans van Houten, President and CEO of Royal Philips Electronics. “Sustainability is an integral part of Philips’ strategy and we see it as an important opportunity which inspires innovation and drives long-term growth and profitability.”
Under the program name EcoVision, Philips focuses on three sustainability targets for 2015 in the areas of care, energy efficiency and recycling.
Notes to the editor on EcoVision:
While providing strategic sustainability direction, Philips has identified three key performance indicators. By 2015 Philips aims to:
- Bring care to more than 500 million people
Target: 500 million lives touched by 2015 (driven by Philips Healthcare)
- Improve energy efficiency of Philips products
Target: 50% improvement by 2015 (for the average total product portfolio) compared to 2009
- Close the material loop
Target: Double global collection, recycling amounts and recycled materials in products by 2015 compared to 2009.