Philips has achieved supersector leader classification in the personal and household goods category of the 2011 Dow Jones Sustainability Index (DJSI). This result underlines Philips’ ongoing commitment to sustainability as an integral part of the company’s strategy to become a leader in the domain of health and well-being.
Philips’ continued investments in innovation, efficiency and transparency within the supply chain and focus on positive customer experiences consistently place sustainability at the core of business practices across the company. This philosophy has translated into DJSI’s ranking recognition for Philips on such aspects as customer relationship management, environmental reporting, climate strategy and stakeholder engagement.
In its evaluation, the DJSI notes that, “Philips recognizes its environmental responsibility and has accelerated its research efforts in developing green products and solutions over the past year. In 2010, Green Products represented 38% of its global revenues, an increase of 18% over 2007, resulting from more than EUR 1 billion investment in Green Innovation.”