Koninklijke Philips N.V.

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Publicatie datum 25 sep 2007 - 09:17

Statutaire naam Koninklijke Philips N.V.

Titel Philips sets target to double sales from Green Products to 30% of total revenues within five years

Bericht 25 September 2007 PHILIPS SETS TARGET TO DOUBLE SALES FROM GREEN PRODUCTS TO 30% OF TOTAL REVENUES WITHIN FIVE YEARS • Philips launches fourth EcoVision program, further increasing energy efficiency of products and operations • Philips CEO Gerard Kleisterlee: “every one of us should contribute to saving our planet” Amsterdam, The Netherlands - Royal Philips Electronics (AEX:PHI, NYSE:PHG) announced today that by 2012, it aims for 30% of total revenues to come from Green Products, compared with 15% of group sales in 2006. This commitment is part of Philips’ latest EcoVision program that focuses on reducing the energy consumption of its products and facilities. Philips’ fourth EcoVision program also aims to increase the energy efficiency of its operations by 25% and double its investment in green innovations to EUR 1 billion in the next five years. These targets mean that by the end of 2008 all the company’s offices will be outfitted with energy efficient lighting systems and that further reductions in greenhouse-gas emissions will be realized in production and distribution. Furthermore, the company is calling on its employees to be environmentally aware on a day-to-day basis in their working environment. Philips Green Products have a significant improved environmental advantage for customers, users and society in one or more of the Philips green focal areas: energy consumption, packaging, hazardous substances, weight, recycling and lifetime reliability. Gerard Kleisterlee, President and CEO of Philips said in a letter to employees: “We believe that big changes start small and that every one of us should contribute to saving our planet. What’s more, we are convinced that those companies that combine the principles of economic growth and environmental stewardship will be the winners of the future and offer long term rewards to you, our employees, and to our customers, partners and shareholders.” Barbara Kux, member of the Group Management Committee and cha

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200709250000000006_2007-09-25 no. 57 Philips sets target to double sales from green products to 30% of total revenues within five years.doc (opens in a new window)

Datum laatste update: 20 december 2025