03 Mar '12, 4pm

Philips Makes the Business Case for Sustainability

An introduction to the report would not be complete without mentioning Philips’ EcoVision5 , the company’s latest sustainability program. In 2009 Philips reviewed its sustainability strategy and decided to make sustainability an integral part of the company’s overall vision and driver for growth. The company has identified three sustainability leadership key performance indicators where it could bring its competencies to bear – ‘care,’ ‘energy efficiency’ and ‘materials.’ Philips then set up its targets for 2015, including bringing care to more than 500 million people, improving energy efficiency of its products in 50 percent by 2015 (compared to 2009) and doubling global collection, recycling amounts and recycled materials in products by 2015.

Full article: http://www.triplepundit.com/2012/03/philips-2011-report-g...

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