Koninklijke Philips N.V.
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Publicatie datum
17 nov 2006 - 11:01
Statutaire naam
Koninklijke Philips N.V.
Titel
Philips rated top climber in sustainability reporting leaders
Bericht
November 17, 2006
PHILIPS RATED TOP CLIMBER IN SUSTAINABILITY REPORTING LEADERS
Proof that sustainability is being successfully embedded throughout the company
Amsterdam, The Netherlands – Royal Philips Electronics (NYSE: PHG, AEX: PHI) has been rated the top climber among the 'Leading 50' companies in the latest biannual survey of leading practice in corporate sustainability reporting. Philips now ranks number 12 in the survey, up from 39 in 2004, an improvement of 54%.
Philips earned top scores in reporting on governance and strategy, illustrating that its efforts to embed sustainability throughout the organization are taking hold. In what it calls 'The Corporate DNA test,' Tomorrow's Value explains that: "Philips describes how its business strategy links to work it is doing in different markets, and how it is innovating to improve its contributions to sustainable development."
The report is published by SustainAbility in partnership with the United Nations Environment Programme (UNEP) and Standard and Poor's. Entitled Tomorrow's Value, the survey ranks the world's leaders in corporate sustainability reporting, transparency and disclosure.
The survey notes that: "Value creation is increasingly surfacing as a theme in reports and their titles, as in the 2005 Philips report Creating value." According to the survey: "Leadership companies – including BP, BT, GE and Philips – are shifting the focus of their sustainability strategy away from risk management, towards a more progressive and entrepreneurial approach that seeks to identify the sustainability opportunities for strategic innovation and market building. However the pioneers are a minority, representing 28% of our Leading 50."
Barbara Kux, Chair of the Philips Corporate Sustainability Board stated: "We are very pleased about this recognition for our Sustainability work. I would like to personally congratulate our employees around the globe who work with passion and dedication each and every day on sust
Datum laatste update: 13 januari 2025