ICT&health March 25, 2025
With its business strategy focused on improving the environment and reusing materials, Philips increased its circular sales to 24 percent of total sales. For the first time, all new product introductions (NPIs) were fully EcoDesigned, contributing to better care for more people through sustainable innovation. Philips also improved the lives of 1.96 billion people by 2024 through innovative, energy-efficient solutions.
This puts the company well on track to meet its goal of positively impacting 2.5 billion people annually by 2030. And with a long tradition of reporting corporate responsibility since 1999, including an ESG report since 2008, Philips has now been able to further expand its reporting to comply with the European Corporate Sustainability Reporting Directive. All this can be...