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Summary

With the launch of its annual report, Philips announced its sustainability targets for 2015 in its EcoVision5 program

Report Highlights

Philips delivers strong sustainability performance in 2009

Philips generated 31% of total sales from Green Products in 2009, achieving its sales target three years ahead of schedule. The company expects to reach the 50% mark by 2015. The company will also meet its cumulative EUR 1 billion investment in Green Innovation target in 2010 and is well positioned to make its own operations 25% more energy efficient.

For more information on the 2009 sustainability results click on this link

With the launch of its annual report, Philips announced its sustainability targets for 2015 in its EcoVision5 program. These new targets broaden Philips’ approach to sustainability well beyond the ecological footprint, in line with the company’s Health and Well-being strategy. Philips strives to bring care to more than 500 million people by 2015. This target will be tracked by taking into account all Philips products and solutions which directly address care such as the MammoDiagnost DR, which was included as part of a Mobile Breast Screening Unit in rural areas in the Middle East. By 2015, Philips will also improve the energy efficiency of its overall product portfolio by 50%. With LED technology quickly set to become the industry norm, Philips has the insights and capabilities to make a globally significant difference in addressing the energy imperative through its lighting innovations. Philips EcoVision5 program also aims to double the collection and recycling of its end-of-life products, as well as the amount of recycled materials used in Philips products by 2015. Philips’ EcoDesign approach to product development has resulted in such solutions as the Performer Energy Care vacuum cleaner, which is made up of 60% recycled and bio-based plastics.

You can also visit www.philips.com/about/sustainability or e-mail philips.sustainability@philips.com
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