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Driving Circularity in a Multinational

Lessons from Philips

Driving Circularity in a Multinational

Lessons from Philips

Published 10-16-24

Submitted by KPMG

"Driving circularity in a multinational" A person on the right wearing a protective mask spraying inside a cylinder.

Today, it’s more important than ever to shape your business responsibly through circularity. The world must change the way we consume — away from the linear, towards a more circular approach. Businesses are turning towards a circular economy model to help manage regulatory requirements and generate sustainable growth opportunities that deliver ESG benefits. This creates greater efficiency and profitability, less waste, better innovation, and stronger relationships with stakeholders.

In this report, we look at how circular revenue can aid corporate steering on circularity, frameworks and metrics that provide an integral view rooted in the company strategy, and practical examples of how Philips is driving circular economy across five strategic areas of their business – from design to responsible end-of-use.

Download the full report here

To view this article on KPMG.com/nl please click here.

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In today’s increasingly disruptive world of climate disasters, political conflict and societal inequalities, rapid ESG progress is crucial to achieving a more sustainable future.

KPMG, as a global organization, knows the intrinsic power of ESG to transform your business and our professionals can show you how to enhance trust, mitigate risk and unlock new value as you transform to build a sustainable future. Member firms’ services are holistic and practical to guide your teams to drive sustainable innovation across your business.

Through industry-leading expertise, data-driven technology and global alliances, KPMG’s experience across critical ESG issues means our professionals can assist you in creating the right roadmap for your ESG journey.

KPMG helps turn insight into opportunity for your business, people and the planet and designed our services to put ESG at the core of your operations — where it should be.

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