Koninklijke Philips N.V.
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Publicatie datum
19 feb 2007 - 08:01
Statutaire naam
Koninklijke Philips N.V.
Titel
Philips' Green Products achieve sales of over EUR 4 billion
Bericht
February 19, 2007
PHILIPS' GREEN PRODUCTS ACHIEVE SALES OF OVER EUR 4 BILLION
Philips Sustainability Report 2006 shows sharp focus on energy efficient and accessible and affordable health solutions
Amsterdam, The Netherlands – On the occasion of publishing the Philips Sustainability Report 2006, Royal Philips Electronics (NYSE:PHG, AEX:PHI) said that sales of its Green Products rose to more than EUR 4 billion in 2006. This is the result of the company's EcoDesign drive over the past decade and its investment of more than EUR 400 million in Green Lighting Technologies over the last five years. Philips will increase this investment by more than EUR 100 million yearly the coming years.
The EUR 4 billion Green Product sales includes Philips' latest state-of-the-art lighting technologies, which offer energy savings averaging at least 30%. The increased lifetime of these lighting products and their recyclability, result in substantial waste reduction with an equivalent decrease in the use of natural resources.
Barbara Kux, member of the Group Management Committee and chair of the Sustainability Board, said: "Green Products now account for 15% of our total revenue stream. These products include our top line of Green Flagships, which increased in number by 24% in 2006. We are also proud that we regained the number 1 position in the sector leisure goods in the Dow Jones Sustainability Indexes."
Focus on energy efficient solutions to combat climate change
19% of global electricity is used for lighting. Philips is leading change in the lighting industry to increase energy efficiency. The company is calling for joint action between the lighting industry, non-governmental organizations and governments to encourage households to replace the incandescent bulb with energy-saving alternatives, a switch which in Europe alone could happen within 10 years, saving households up to 80% of lighting costs on their electricity bills.
One of Philips's revolutionary products in this
Datum laatste update: 21 december 2025