Philips delivers strong ESG performance in 2023
Marnix van Ginneken, Chief ESG & Legal Officer at Royal Philips, said: “Building on our strong heritage in environmental and social responsibility, we have a fully integrated approach to doing business responsibly and sustainably, in line with our company purpose.
- Marnix van Ginneken, Chief ESG & Legal Officer at Royal Philips, said: “Building on our strong heritage in environmental and social responsibility, we have a fully integrated approach to doing business responsibly and sustainably, in line with our company purpose.
- For example, regarding gender diversity, Philips reached a 31% representation of women in senior management in 2023.
- In 2023, Philips expanded its circular revenues to 20% of sales, and alongside remaining carbon-neutral in its operations since 2020, Philips achieved 78% renewable energy usage, exceeding its 75% science-based target goal for 2025.
- A full overview of Philips’ Environmental, Social, and Governance achievements is provided in chapters 5 and 12 of the Philips Annual Report 2023 , which was published earlier today.