Philips reinforces its leadership as a purpose-driven company with an enhanced and fully …

September 14, 2020

  • On track to fully achieve all the targets of ithilips reinforces its leadership as a purpose-driven company with an enhanced and fully integrated approach to doing business responsibly and sustainabs pioneering ‘Healthy people, Sustainable planet’ 2016 – 2020 program, Philips steps up further and makes ambitious Environmental, Social and Corporate Governance (ESG) commitments for 2025
  • Environmental: Philips commits to 100% EcoDesign, increased energy efficiency, expanded renewable energy sourcing, and circular economy solutions – targeting Paris Agreement 1.5 oC global warming limit
  • Social: Philips
    commits to improving the lives of 2 billion people a year by 2025 [1] through its innovations, including 300 million people in underserved communities
  • Governance: Philips will ensure transparency regarding its tax contribution for all countries it operates in

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today further reinforced its commitments as a purpose-driven company

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