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Environment & Sustainability
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An exciting business challenge awaits all of us
At Philips we believe sustainable development is imperative. It is our way of doing business—an investment that will create value and secure the future. And in the end, it is the right thing to do. We are empowered to improve the world in which we live, and in the way we work. Sustainable development is emerging as the path to build a positive future, one that integrates economic growth, social equity, and environmental quality.
What does this all mean? Sustainability is defined as “meeting the needs of the present generation without compromising the ability of future generations to meet their own needs.” Sustainable Development—which is considered the path to sustainability—is the simultaneous pursuit of economic prosperity, environmental quality, and social equity.
The Philips Holistic approach to sustainable innovation:
| Ecology |
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Technological Innovation |
| Society |
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New Values |
| Economy |
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New Business Models |
The decisions we make are critical in stimulating and exploring new business initiatives and new markets focused on sustainability.
Sustainability Brochure, download here...
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