Philips continues its top ranking in the Dow Jones Sustainability Indices
November 16 2020 - 8:00AM
Philips continues its top ranking in the Dow Jones Sustainability
Indices
November 16, 2020
Amsterdam, the Netherlands – Royal Philips (NYSE: PHG,
AEX: PHIA), a global leader in health technology, today announced
that it has once again been named as a leading company for
sustainability performance in the global 2020 Dow Jones
Sustainability Indices (DJSI) list. Philips scored 81 out of 100
points in the DJSI Health Care Equipment & Services industry
group, continuing its #2 ranking.
Evaluated across the Governance & Economic, Environmental
and Social dimensions of DJSI’s sustainability review, Philips
received the maximum scores (100/100) in several categories,
including the health outcome contribution, environmental reporting,
climate strategy, and social reporting categories.
“Our purpose is to improve the health and well-being of 2
billion people a year by 2025, as we aim to grow Philips
responsibly and sustainably,” said Frans van Houten, CEO of Royal
Philips. “We continuously challenge ourselves with ambitious
environmental, social and governance targets. It is very rewarding
that the efforts of our 81,000 employees and partners have once
again been recognized by the prestigious Down Jones Sustainable
Index. I am proud that we were able to further enhance our
performance in many key dimensions, and we have a strong base for
further improvement.”
Philips is set to achieve all of the targets of its ‘Healthy
people, Sustainable planet’ 2016 - 2020 program. This includes
becoming CO2-neutral in its operations and generating 70% of its
sales from green products and services with 15% from circular
economy solutions. Building on these achievements, Philips recently
launched a new framework comprising a comprehensive set of key
targets and commitments across all the Environmental, Social and
Corporate Governance (ESG) dimensions. These include a commitment
to improving the health and well-being of 2 billion people a year
by 2025 through its innovations. Philips also commits to 100%
EcoDesign, expanded renewable energy sourcing, and ensuring
transparency regarding its tax contribution for all countries it
operates in.
Philips holds a top position in the Sustainalytics rankings, and
recently took second place in the Wall Street Journal’s 100 Most
Sustainably Managed Companies in the World. Earlier this year,
Philips was awarded the IEEE Spectrum ‘Technology in the Service of
Society’ award for its app-based Lumify point-of-care ultrasound
solution as the technology having the greatest potential to provide
the most overall benefit to humankind.
For further information, please contact:
Ben ZwirsPhilips Global Press OfficeTel.: +31 6 15213446E-mail:
ben.zwirs@philips.com
Derya GuzelPhilips Investor RelationsTel.: +31 20 59
77055E-mail: derya.guzel@philips.com
About Royal PhilipsRoyal Philips (NYSE: PHG, AEX: PHIA)
is a leading health technology company focused on improving
people's health and well-being, and enabling better outcomes across
the health continuum – from healthy living and prevention, to
diagnosis, treatment and home care. Philips leverages advanced
technology and deep clinical and consumer insights to deliver
integrated solutions. Headquartered in the Netherlands, the company
is a leader in diagnostic imaging, image-guided therapy, patient
monitoring and health informatics, as well as in consumer health
and home care. Philips generated 2019 sales of EUR 19.5 billion and
employs approximately 81,000 employees with sales and services in
more than 100 countries. News about Philips can be found at
www.philips.com/newscenter.
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