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Philips Lauded By EPA As ENERGY STAR Partner Of The Year

Stocks in this article: PHG

SOMERSET, N.J., March 6, 2013 /PRNewswire/ -- Each year, the U.S. Environmental Protection Agency (EPA) honors select organizations that have made outstanding contributions to protecting the environment through superior energy efficiency – this year, Philips Lighting took Product Manufacturer top honors with Partner of the Year.  Philips, the global leader in energy efficient lighting, released a total of 269 ENERGY STAR qualified products in 2012, an increase of 84 percent over the prior year. Eighty-eight of these were new LED products, including the first LED equivalent for the 75-watt incandescent bulb.

Philips was also recognized for its educational efforts to teach consumers and commercial partners the value of ENERGY STAR programs, including training nearly 1,200 distributors and 650 US-based employees. The company also launched several campaigns in conjunction with the EPA to help educate retail and commercial consumers of the tangible value of ENERGY STAR qualified products in corporate sustainability efforts and their positive environmental impact.

"As an ENERGY STAR Partner of the Year, Philips has not only demonstrated its commitment to delivering a quality product and helping consumers lower their energy costs, the company is dedicated to educating the public on the value of ENERGY STAR qualified products," said Anne Bailey, ENERGY STAR products branch chief at the EPA. "Philips has partnered with NSTAR, National Grid, and Western Massachusetts Electric Company in Massachusetts to provide 65,000 students at more than 40 universities with LED equivalents for the 60 incandescent watt bulb, which is estimated to result in 59,000,000 lifetime kWh savings and 40,000 metric tons of CO 2 reduced. By driving awareness through social media and pledges, Philips has also been able to deliver real efforts with real results."

The ENERGY STAR Awards celebrate energy efficiency and climate protection accomplishments across the areas of energy management, new home construction, energy efficiency program delivery, product manufacturers, product retailers, and service and product providers. Each ENERGY STAR Award winner is chosen from a vast network of nearly 20,000 ENERGY STAR partners, and their achievements demonstrate that improving energy efficiency is one of the fastest and most effective ways to prevent pollution, save money, and create jobs.

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