Philips' products and solutions improved the lives of 1.64 billion globally in 2019 compared to 1.54 billion in 2018, and improved the lives of 194 million in underserved communities compared to 175 million in 2018.
Global roll-out of Philips' large medical systems take-back and remanufacturing program
Philips' US and
Philips ranked on CDP Climate Change A-list for seventh year running and among the world's top global companies for its commitment to action on climate change
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Through innovation we can leverage the synergies between health and sustainability giving great opportunity to improve people's lives.
CEO of Royal Philips
'Through innovation we can leverage the synergies between health and sustainability giving great opportunity to improve people's lives,' said
Recent milestones achieved by Philips in collaboration with its partners include:
SDG3: Ensure healthy lives and promote well-being for all at all ages
Half the world's population still has no access to healthcare, while studies show that in many well-developed healthcare systems as much as 25% of health spending is wasteful. Philips is committed to co-creating high-quality affordable healthcare solutions in which resources are used in the most efficient and responsible way. In 2019, Philips' products and solutions improved the lives of 1.64 billion globally, compared to 1.54 billion in 2018, and improved the lives of 194 million in underserved communities compared to 175 million in 2018.
Last Friday, Philips announced it has signed a new partnership agreement with the
In the US, Philips partners with the
SDG 12: Ensure sustainable consumption and production patterns
Philips is on track to deliver on the circular economy commitment it made at the 2018 WEF Annual Meeting that by 2020 the company will take back and repurpose all the large medical systems that its customers are prepared to return to it. With reverse logistics in place, adding a return flow from all major markets, the global roll-out of Philips' product take-back and remanufacturing program is currently underway. Philips has also expanded its parts recovery activities, allowing the company to re-use more components.
Through co-chairmanship of PACE (Platform for Accelerating the Circular Economy), Philips CEO
SDG 13: Take urgent action to combat climate change and its impacts
Earlier today, Philips announced that it has once again been placed on the CDP Climate Change A List [1], making this the seventh consecutive year it has achieved a CDP A-list ranking for its leadership in corporate climate action. Philips has been recognized for its actions during the last reporting year to reduce emissions, mitigate climate risks and develop the low-carbon economy.
An example is last year's successful opening of Windpark Krammer in
[1] The Climate Change A List is published by CDP each year, alongside A Lists for leadership on protecting forests and water security. The full list of companies that made this year's CDP Climate Change A List is available, along with other publicly available company scores, at https://www.cdp.net/en/companies/companies-scores.
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