Royal Philips achieved the status of Industry Group leader in the Capital Goods category of the 2016 Dow Jones Sustainability Index (DJSI). Philips’ overall score was 92 out of 100 points, which – according to the company – “underlines Philips’ ongoing commitment to sustainability as an integral part of the company’s business practices”.
This is the fourth consecutive year that Philips has been included in the Industrial Conglomerates category, which aggregates into the Capital Goods industry group, and the first time that Philips has been named Industry Group Leader in this category.
“In its annual evaluation, DJSI recognized Philips’ strong performance of its Green Operations program”, Philips states in a press release. “Notably the reduction of its carbon footprint by 40% from 2007 to 2015, the sales of its Green Products and the investments in its employees.” The highest scores were obtained in the climate strategy, operational eco-efficiency and corporate citizenship and philanthropy (100 out of 100 points) categories.
“We are pleased to have achieved the leadership position in our industry,” said Frans van Houten, CEO Royal Philips. “At Philips, we fully embrace sustainability, because of its benefits for society, and because we believe that it is one of the drivers for our growth. That’s why sustainability is an integral part of our company strategy. Our new program, Healthy people, sustainable planet, reflects our commitment to the universally agreed United Nation’s Sustainable Development Goals, especially those aimed at ensuring healthy lives and promoting well-being for all at all ages, and at encouraging sustainable consumption and production patterns.”
Innovation Origins is an independent news platform, which has an unconventional revenue model. We are sponsored by companies that support our mission: spreading the story of innovation. Read more here.
On Innovation Origins you can always read articles for free. We want to keep it that way. Have you enjoyed this article so much that you want to thank the author? Click here: