Royal Philips leads the Sustainability All Stars, a new list that was derived from the Fortune’s Change The World list. On the ‘big list’, Philips reaches position 43.
Also read: Windpark Krammer helps Philips to become carbon neutral
Fortune:
“This Dutch multinational, which is increasingly focused on healthcare products, has been a leader for years in green financing and environmental reporting. Recently, the company has been making strides in reducing its own energy use—it aims to be carbon-neutral in 2020, and relies on wind energy in both the U.S. and the Netherlands to power its operations—as well as the energy use of its products, from more efficient MRI systems in hospitals to the batteries in rechargeable electric toothbrushes. Meanwhile, Philips has become an advocate and practitioner of the “circular economy”, pushing to cut its waste to zero by taking back large medical equipment to reuse and refurbish components.”
To compose the list, Fortune used information from financial data company Refinitiv. “What follows are the companies from this year’s list that scored highest on Refinitiv’s Sustainable Leadership Monitor, a metric developed by Refinitiv that assesses companies based on their environmental innovation, resource use, and efforts to limit emissions, among other factors.
