At Philips, we think innovation should be about creating quality products you can love for a long time, then recycle. We’ve put this mindset into action in many ways over the years, and we’re only getting started.
Our goal is to create products that can be recycled and re-used. To make sure select returned items don’t go to waste, we refurbish and resell them in select markets with a full guarantee. We also developed our Lumea "try and buy" model. It’s where we offer customers the choice of renting instead of buying our products. When the rental period is over, we take the product back, then refurbish it so it can be used by another customer.
Outside of renting and refurbishing, we keep our products living longer by offering a selection of replaceable parts. And we’re even making progress in designing domestic appliances that are easy to fix. In the future, we want to offer consumers more ways to enjoy our products for longer — and will continue designing for recyclability and repair. It’s all in service of our ultimate goal to use less and re-use more.