Sustainability

Friday, June 29, 2007

At Philips, we are in the unique position to link our brand heritage to the challenge of improving the quality of people’s lives. This is what Philips has done since our founders started the company. For Anton and Gerard Philips there was no difference between business and sustainable business. Putting people at the center was inherent in their way of doing business. You could say sustainability is in our DNA.

We have long been integrating the triple bottom line, striving for economic prosperity, environmental quality and social equity.

Sustainability is built into our heritage, our values and our commitment to improve the quality of people’s lives.

We have made great strides in building knowledge and creating awareness of sustainability throughout the company. Now we are taking our commitment to a higher level.

In keeping with our philosophy of continuous improvement, we are working to strengthen our performance against the triple bottom line. Our efforts are wide-ranging, from improving our process of reporting on our sustainability performance to stakeholder dialogue to supplier management to diversity and inclusion to EcoVision.

Sustainable development is a necessity and the right thing to do. It’s also our way of doing business – an investment that creates value and secures our future.