Philips 2009 Annual Report Download - page 40

3 Our planet, our partners, our people 3.1 - 3.1
40 Philips Annual Report 2009
Calling for immediate action
To combat climate change, Philips calls
upon mayors and municipal leaders to
accelerate sustainability in infrastructure
projects and building renovation.
We believe there is opportunity for a robust and comprehensive follow-up
agreement to the Kyoto Treaty, with existing technology solutions offering an
achievable path to reducing harmful emissions.
At the UN climate conference in New York, Philips CEO Gerard Kleisterlee
said: “If an ambitious and effective global climate change program can be agreed,
it will create the conditions for transformational change of our world economy
and deliver the signals that companies need to speed up investment of billions of
dollars in energy-efficient products, services, technologies and infrastructure
such as LED lighting technology.”
We put weight behind this appeal by partnering with the World Green Building
Council, committing to improving the energy efficiency of cities by 40% in the
next 10 years.
Transforming the global market
Along with OSRAM we are participating in a global initiative to accelerate the
uptake of low-energy light bulbs and efficient lighting systems by the Global
Environment Facility and the United Nations Environment Programme.
The aim is to reduce the bills of electricity consumers in developing economies
while delivering cuts in emissions of greenhouse gases. The goal is also to
replace fuel-based lighting systems, such as kerosene, which are linked with
health-hazardous indoor air pollution.
Breakthrough idea
We submitted the first entry in the US Department of Energy’s L Prize
competition, which seeks high-quality, high-efficiency solid-state lighting
products to replace the 60W incandescent light bulb. Named one of the “best
inventions of 2009” by TIME Magazine, our LED bulb emits the same amount of
light as its incandescent equivalent but uses less than 10W and lasts for 25,000
hours – or 25 times as long.