Philips meets environmental program targets

2021 02 26 00 41 5066 Trees Environment 400

Philips Healthcare parent company Royal Philips has met its "sustainable planet" targets and become fully carbon neutral in its operations, according to a February 23 announcement that included the company's 2020 annual results and latest "Human Rights Report 2020."

The company's environmental, social, and governance (ESG) framework set forth a Healthy People, Sustainable Planet program to be conducted between 2016 and 2020. In 2020, Philips achieved carbon neutrality, a 100% shift to the use of electricity from renewable sources, and more than 70% of sales from green products and services. It also recycled 90% of its operational waste and sent zero waste to landfill, the company said.

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