Philips marks new milestones to improve people’s health across the globe at WEF 2020
20 January 2020 - 8:02PM
January 20, 2020
- Philips’ products and solutions improved the lives of 1.64
billion globally in 2019 compared to 1.54 billion in 2018, and
improved the lives of 194 million in underserved communities
compared to 175 million in 2018
- Global roll-out of Philips’ large medical systems take-back and
remanufacturing program
- Philips’ US and Netherlands operations 100% powered by
renewable energy
- Philips ranked on CDP Climate Change A-list for seventh year
running and among the world’s top global companies for its
commitment to action on climate change
Amsterdam, the Netherlands and Davos,
Switzerland – Royal Philips (NYSE: PHG, AEX: PHIA), a
global leader in health technology, today announced new milestones
in its aim to make the world healthier and more sustainable through
innovation. In collaboration with its partners, Philips aims to
address pressing societal issues with a focus on the United
Nation’s Sustainable Development Goals 3, 12 and 13 aimed at
improving access to affordable care, the transition to a circular
economy and actions on climate change. The company’s mission is to
improve the lives of 3 billion people a year by 2030.
“Through innovation we can leverage the synergies between health
and sustainability giving great opportunity to improve people’s
lives,” said Frans van Houten, CEO of Royal Philips, in the run-up
to Davos 2020. “Whether it’s empowering clinicians to improve
patient outcomes or creating new business models and circular
economy solutions to reduce healthcare’s carbon footprint, we know
that achieving the scale necessary to make a global difference can
only be done through inclusive stakeholder partnerships that create
true end-to-end solutions.”
Recent milestones achieved by Philips in collaboration with its
partners include:
SDG3: Ensure healthy lives and promote well-being for
all at all agesHalf the world’s population still has no
access to healthcare, while studies show that in many
well-developed healthcare systems as much as 25% of health spending
is wasteful. Philips is committed to co-creating high-quality
affordable healthcare solutions in which resources are used in the
most efficient and responsible way. In 2019, Philips’ products and
solutions improved the lives of 1.64 billion globally, compared to
1.54 billion in 2018, and improved the lives of 194 million in
underserved communities compared to 175 million in 2018.
Last Friday, Philips announced it has signed a new partnership
agreement with the Republic of the Congo’s Ministry of Health &
Population and the United Nations Population Fund (UNFPA) to reduce
maternal and newborn mortality rates by 50 percent in the country’s
health facilities over the next five years, especially in remote
areas. The three partners will work together to implement a
large-scale ‘Emergency obstetric and newborn care’ (EmONC) program
that will reach more than 500,000 women and 70,000 newborns,
improving access to high quality and affordable maternal, neonatal
and child healthcare. The program benefitted from a high level
meeting at WEF 2019 that galvanized the support for the initiative
from a large group of stakeholders.
In the US, Philips partners with the US Department of Veterans
Affairs (VA), The American Legion, and Veterans of Foreign Wars
(VFW) to provide the equipment for virtual clinics within VFW and
American Legion posts throughout the United States. The project
allows US veterans to conduct virtual appointments with their VA
providers without having to travel to a distant VA regional medical
facility or outpatient clinic.
SDG 12: Ensure sustainable consumption and production
patternsPhilips is on track to deliver on the circular
economy commitment it made at the 2018 WEF Annual Meeting that by
2020 the company will take back and repurpose all the large medical
systems that its customers are prepared to return to it. With
reverse logistics in place, adding a return flow from all major
markets, the global roll-out of Philips’ product take-back and
remanufacturing program is currently underway. Philips has also
expanded its parts recovery activities, allowing the company to
re-use more components.
Through co-chairmanship of PACE (Platform for Accelerating the
Circular Economy), Philips CEO Frans van Houten is supporting the
circular economy, helping the industry to formulate change,
spearheading implementation, and assembling a coalition of
like-minded companies prepared to make circular economy pledges.
Eight new PACE reports were launched in 2019. PACE activities
currently run across China, Southeast Asia, Europe, Latin America
and North America, and its Leadership Group grew from around 50 in
2018 to over 70 global leaders in 2019. Last week, PACE announced
that four new members are joining its board. Inger Andersen,
Executive Director of UN Environment Program, Lisa Jackson, VP
Environment, Policy and Social Initiatives for Apple, Ellen
MacArthur, Founder Ellen MacArthur Foundation and Stientje van
Veldhoven, Minister for the Environment and Housing for the
Government of the Netherlands.
SDG 13: Take urgent action to combat climate change and
its impactsEarlier today, Philips announced that
it has once again been placed on the CDP Climate Change A List [1],
making this the seventh consecutive year it has achieved a CDP
A-list ranking for its leadership in corporate climate action.
Philips has been recognized for its actions during the last
reporting year to reduce emissions, mitigate climate risks and
develop the low-carbon economy.
An example is last year’s successful opening of Windpark Krammer
in the Netherlands enabling Philips to power 100% of its
Netherlands operations with renewable energy, matching the 100%
renewable energy target already achieved in the company’s US
operations.
[1] The Climate Change A List is published by CDP each
year, alongside A Lists for leadership on protecting forests and
water security. The full list of companies that made this year’s
CDP Climate Change A List is available, along with other publicly
available company scores, at
https://www.cdp.net/en/companies/companies-scores.
For further information, please contact:
Joost MalthaPhilips Global Press OfficeTel.: +31 6 10 55
8116E-mail: joost.maltha@philips.com
Ben ZwirsPhilips Global Press OfficeTel.: +31 6 15 2134
46E-mail: ben.zwirs@philips.com
About Royal PhilipsRoyal Philips (NYSE: PHG,
AEX: PHIA) is a leading health technology company focused on
improving people's health and enabling better outcomes across the
health continuum from healthy living and prevention, to diagnosis,
treatment and home care. Philips leverages advanced technology and
deep clinical and consumer insights to deliver integrated
solutions. Headquartered in the Netherlands, the company is a
leader in diagnostic imaging, image-guided therapy, patient
monitoring and health informatics, as well as in consumer health
and home care. Philips generated 2018 sales of EUR 18.1 billion and
employs approximately 80,000 employees with sales and services in
more than 100 countries. News about Philips can be found at
www.philips.com/newscenter.
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