Philips 2008 Annual Report Download - page 62

Sustainability
Management summary
In 2008 we made progress against our Sustainability
Management Agenda, focusing on:
driving the implementation of our EcoVision programs•
strengthening the energy-efficient and Green Product •
approach at both Healthcare and Consumer Lifestyle,
leveraging the experience of our Lighting sector
making our supply chain fully compliant with the •
Electronic Industry Code of Conduct standard, and
continuing to engage employees on energy efficiency •
and carbon footprint awareness.
We also focused on achieving the targets defined by
our Key Performance Indicators, which are set yearly
to track our progress on the major issues regarding
sustainability. These KPIs include targets related to
our EcoVision4 program; diversity and inclusion;
engagement; health and safety; supplier performance
and communication.
Results are detailed on the following pages.
EcoVision III
Our EcoVision III environmental action program began
in 2006 and will run through 2009. EcoVision III calls
for improvements in all major environmental parameters
in manufacturing, compared to the base year 2005.
EcoVision III covers the contributors to climate
change (energy, PFCs and other greenhouse gases),
water, waste and a selection of the most relevant
restricted and hazardous substances. For nine out of
the 13 defined parameters, we realized or exceeded
the reduction targets by year-end 2008. To achieve
the defined targets in the four remaining parameters
– one restricted and three hazardous substances –
we will work to realize further reductions in 2009.
However, due to certain production processes, for
some parameters it may not be possible to achieve
the stated targets.
Low energy consumption
Our focus on sustainability has resulted in our PowerSave feature in all our MRI
systems. Not only does this save energy, but the customer saves substantially
on energy costs compared with competitors. With smart power management
our MRI systems only consume energy when really needed. Key to achieving
this is making the right choices in power amplifier technology.
The Achieva 1.5T product line reduces energy consumption by 28% and
offers a life cycle assessment improvement of about 10% compared
to its predecessor.
Philips Annual Report 200862
42
Our group performance
Sustainability
18
We care about...
8
Message from
the President
6
Performance highlights
14
Who we are