Philips gets high score for ESG practices

By staff writers

April 1, 2021 -- Philips Healthcare parent company Royal Philips has received a high score for its environmental, social, and governance (ESG) practices.

It received a score of 90 out of 100, which is the highest that S&P Global Ratings has awarded to date, Philips said. The score shows that sustainability is a core corporate strategy for Philips, according to S&P.

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