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Royal Philips: Philips meets its 'Healthy people, Sustainable planet' targets and forges ahead with integrated ESG framework


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February 23, 2021
Philips is one of the first health technology companies in the world that has become fully carbon neutral in its operations
New integrated Environmental, Social and Governance framework with targets and action plans builds on current success to raise the bar for the company s ESG performance over the next five years
Amsterdam, the Netherlands -
Royal Philipsin its operations, 100% electricity from renewable sources, over 70% of sales from Green Products and Services [1], 15% of sales coming from circular revenues, recycling 90% of its operational waste, and sending zero waste to landfill.
I am pleased that we have delivered on all the targets set out in our Healthy people, Sustainable planet program, making Philips one of the first health technology companies in the world that has become carbon neutral in its operations, said Frans van Houten, CEO of Royal Philips. Our current integrated ESG framework builds on this success, and w ....

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