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Philips Joins Practice Greenhealth As Part Of Its Long-standing Commitment To Sustainability

ANDOVER, Mass., April 23, 2013 /PRNewswire/ -- Royal Philips Electronics (NYSE: PHG, AEX: PHI) today announced its membership in Practice Greenhealth, the leading organization in the U.S. for health care institutions that are committed to sustainable, environmentally preferable practices. 

(Logo: http://photos.prnewswire.com/prnh/20110726/NY41282LOGO)   

As a member, Philips will have the opportunity to participate in a number of initiatives that Practice Greenheath leads and supports to advance the adoption of best practices in sustainability. These opportunities include the Greening the OR™ and Greening the Supply Chain™ programs, which are designed to reduce health care facilities' environmental footprint and promote the use of more environmentally preferable products, while increasing operational efficiency, to improve the health of patients, staff and the community. 

"Becoming a Practice Greenhealth member will enhance our dialogue with health care providers on how we can work together to achieve their sustainability goals," said Luc Lenaerts, Senior Director, Sustainability at Philips Healthcare. "It adds an important dimension to our long-standing relationships in the medical community.  It is also in complete alignment with Philips' own vision to make the world healthier and more sustainable – and to improve the quality of people's lives – through timely and meaningful innovation."

As part of its commitment to sustainability, Philips offers a broad range of products, solutions and services that can support hospitals and other facilities in their sustainable health care initiatives.  Philips Green Products portfolio, for example, is designed to reduce costs, energy consumption and carbon dioxide emissions, and ranges from state-of-the-art LED lighting technology to magnetic resonance imaging (MRI) systems that are leading the industry in energy efficiency.

In addition, Philips has received numerous awards and recognition for its management systems and sustainability reporting, including a 2013 top ten ranking in Corporate Knights' annual Global 100 Most Sustainable Corporations in the World.  The company has also achieved distinction as a Supersector leader in Dow Jones Sustainability Index in 2012-2013 for the second consecutive year.

"We look forward to collaborating with hospitals and other health care facilities on solutions for achieving cost savings through energy reduction in lighting and medical equipment, while creating a healing environment for a positive patient experience," added Lenaerts.           

Stock quotes in this article: PHG, PHI 

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