Bangkok--10 Sep--Philips Electronics (Thailand)
Environmental improvement in Dow Jones Sustainability Indexes fourth year in a row
Royal Philips Electronics (AEX, PHI, NYSE:PHG) announced today that it has improved its sustainability performance in the Dow Jones Sustainability Indexes for the fourth consecutive year, showing that the company continues to capitalize on the growing demand for energy efficient and eco-friendly products.
Philips scored 82 points out of a 100 compared to 64 points in 2003 making the company again leader in the supersector Personal and Household Goods. Its environmental performance improved from 73 points in 2003 to 90 points in the current Indexes. The indexes mention the early inclusion of sustainability in its strategic planning, its ability to profit from new green market opportunities and its innovation strategy to ensure the creation unique products.
"In line with our overall strategy of improving people’s lives, we continue to focus on sustainability as a business opportunity. Green Products accounted for EUR 4 billion, or 15% of total sales last year and we expect that number to continue to rise. Our global sector leadership position in the Dow Jones Sustainability Indexes is a recognition of our journey to become an even more sustainable company," said Barbara Kux, chair of the Sustainability Board and member of the Group Management Committee.
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in healthcare, lifestyle and technology, delivering products, services and solutions through the brand promise of "sense and simplicity". Headquartered in the Netherlands, Philips employs approximately 125,800 employees in more than 60 countries worldwide. With sales of EUR 27 billion in 2006, the company is a market leader in medical diagnostic imaging and patient monitoring systems, energy efficient lighting solutions, personal care and home appliances, as well as consumer electronics. News from Philips is located at www.philips.com/newscenter.
About the Dow Jones Sustainability Indexes
The Dow Jones Sustainability Indexes track the performance of the leading sustainability-driven companies worldwide. The indexes provide asset managers with reliable and objective benchmarks to manage sustainability portfolios. The indexes cover the top 10% of the 2,500 companies in the Dow Jones World Index. Only 18 of those are awarded global sector leadership.
For more information please contact
Naranart Phuangkanok
Sr. Public Relations Officer
Philips Electronics (Thailand) Ltd,
1768 26th-28th Floor Thai Summit Tower
New Petchburi Road, Khwaeng Bangkapi
Khet Huaykhwang, Bangkok 10320 Thailand
Tel: 02-6143486 Fax 02-6143488