Philips maintains its top ranking in the Dow Jones Sustainability Indices
September 16 2019 - 6:00AM
Philips maintains its top ranking in the Dow Jones Sustainability
Indices
September 16, 2019
Amsterdam, the Netherlands – Royal Philips
(NYSE: PHG, AEX: PHIA), a global leader in health technology, today
announced that it has once again been recognized as one of the top
companies for sustainability performance in the global 2019 Dow
Jones Sustainability Indices (DJSI)* list. Philips scored 82 out of
100 points in the DJSI Health Care Equipment & Services
industry group, further improving on its 2018 score to achieve the
#2 ranking in 2019.
Evaluated across the Economic, Environmental and Social
dimensions of DJSI’s sustainability review, Philips received
best-in-class scores in several categories, including the
innovation management, climate strategy and contribution to health
outcome categories.
Philips continuously strives to make the world healthier and
more sustainable through innovation. Its aim is to improve the
lives of 3 billion people a year by 2030, via integrated health
technology solutions that span the health continuum from healthy
living and prevention, to diagnosis, treatment and home care. The
company continues to maintain a high level of investment in R&D
programs focused on helping its customers achieve the Quadruple Aim
of healthcare: improved patient experience, better health outcomes,
improved staff experience, and lower cost of care.
“I am pleased that our drive to embed sustainability in our
solutions and the way we do business has once again been recognized
by the Dow Jones Sustainability Indices,” said Robert Metzke, Head
of Sustainability at Philips. “Sustainability is an integral part
of our company strategy, because of its benefits to our customers
and society, and because we believe it drives innovation and
long-term economic growth. I am proud of our track record of
continuous improvement, and proud of the way everyone in Philips is
working hard to further enhance our sustainability
performance.”
With its focus on access to care, the circular economy and
climate action, Philips’ Healthy people, Sustainable planet program
is already helping the company to deliver on its 2020 commitments
to become carbon neutral in its operations, to grow its Green
Revenues to 70% of sales, and to have 15% of its revenues generated
through circular economy driven propositions.
Philips’ efforts have also received notable recognition in other
sustainability indexes. The company was ranked #1 on Fortune’s
inaugural Sustainability All Stars list, awarded the Dutch
‘Crystal Prize’ for leading change in supply chain sustainability,
and included in the CDP Climate Change A List for the sixth
consecutive time.
* S&P Dow Jones Indices, one of the world's leading index
providers, together with SAM, the business unit within RobecoSAM,
which specializes in providing Environmental, Social, and
Governance (ESG) data, ratings, and benchmarking, announced the
results of the annual DJSI review on September 13, 2019. The SAM
Corporate Sustainability Assessment (CSA) is one of the longest
standing ESG rating methodologies worldwide, dating back to 1999.
It assesses companies based on 80 – 120 industry-specific questions
across 61 industries focusing on financially material economic,
environmental, and social factors that are relevant to companies’
success, but that are under-researched in conventional financial
analysis.
For further information, please
contact:
Ben ZwirsPhilips Global Press OfficeTel.: +31 6 15213446E-mail:
ben.zwirs@philips.com
Ksenija GonciarenkoPhilips Investor RelationsTel.: +31 20 59
77055E-mail: ksenija.gonciarenko@philips.com
About Royal PhilipsRoyal Philips (NYSE: PHG,
AEX: PHIA) is a leading health technology company focused on
improving people's health and enabling better outcomes across the
health continuum from healthy living and prevention, to diagnosis,
treatment and home care. Philips leverages advanced technology and
deep clinical and consumer insights to deliver integrated
solutions. Headquartered in the Netherlands, the company is a
leader in diagnostic imaging, image-guided therapy, patient
monitoring and health informatics, as well as in consumer health
and home care. Philips generated 2018 sales of EUR 18.1 billion and
employs approximately 78,000 employees with sales and services in
more than 100 countries. News about Philips can be found at
www.philips.com/newscenter.
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