Philips 2008 Annual Report Download - page 27

Global climate change and rising energy costs – these are major issues that people really
care about. At Philips, we embraced the energy challenge early on, seeing it as a business
opportunity that could benefit society at large.
With lighting, for instance, accounting for 19% of all electricity consumed throughout the
world, we can make a significant impact. As the global market leader, we are committed to
meeting people’s lighting needs by promoting and supplying energy-efficient and sustainable
solutions and applications based on innovative new technologies, such as solid-state lighting.
The energy
efficiency imperative
40%
energy saving achievable on
today’s installed base – with
better-quality light
Philips Annual Report 2008 27
122
Performance statements
114
Supervisory Board report
110
Our leadership
94
Risk management
70
Our sector performance
‘‘ It’s a simple switch ...
with benefits all round ’’