Philips 2013 Annual Report Download - page 199

13 Sustainability statements 13 - 13
Annual Report 2013 199
Reference1)
- Economic downturn Message from the CEO, of this Annual Report Supply chain, operations, use phase
Reference1)
Governance Boundaries
- Privacy and on-line sales
section 6.5, Compliance risks, of this Annual
Report Operations, use phase
- Business ethics and General Business Principles
section 6.5, Compliance risks, of this Annual
Report Supply chain, operations, use phase
- Partnerships and co-creation
sub-section 5.4.1, About Innovation, Group &
Services, of this Annual Report
chapter 13, Sustainability statements, of this Annual
Report
Supply chain, use phase
- Impact of social media
sub-section 4.2.8, Stakeholder engagement, of this
Annual Report
section 6.4, Operational risks, of this Annual
Report Supply chain, operations, use phase
- Stakeholder activism and transparency
sub-section 4.2.8, Stakeholder engagement, of this
Annual Report
sub-section 4.2.10, Supplier sustainability, of this
Annual Report
section 6.4, Operational risks, of this Annual Report
Supply chain, operations, use phase
- Metrics beyond financials
section 4.2, Social performance, of this Annual
Report
section 4.3, Environmental performance, of this
Annual Report
chapter 13, Sustainability statements, of this Annual
Report
Supply chain, operations, use phase
- Product regulation (inc. transparency on chemicals)
section 6.5, Compliance risks, of this Annual
Report
sub-section 5.1.2, About Philips Healthcare, of this
Annual Report
sub-section 5.2.2, About Philips Consumer
Lifestyle, of this Annual Report
sub-section 5.3.2, About Philips Lighting, of this
Annual Report
Supply chain, operations, use phase
- Diversity
section 2.5, Our people, of this Annual Report
sub-section 4.2.3, Diversity and inclusion, of this
Annual Report Operations
1) With the exception of section 4.2, Social performance, of this Annual Report, section 4.3, Environmental performance, of this Annual Report, and chapter 13, Sustainability
statements, of this Annual Report, the sections and chapters referred to are not included in the scope of the assurance engagement
Programs and targets
Our sustainability commitments are grouped under the label EcoVision,
comprising the following elements:
target 2015
baseline
year
Green Product Sales 50% of total sales
Lives Improved 2 billion
Green Innovation
- Investments EUR 2 billion (cumulative) 2010
- Energy Efficiency 49 Lumen/Watt (up 50%) 2009
- Materials
- Collection &
Recycling 45,000 tonnes (up 100%) 2009
- Recycled content 15,000 tonnes (up 100%) 2009
Green Operations
- CO2 reduction 40% 2007
- Health & Safety 0.26 Lost Workday Injury
Cases per 100 FTE
Supplier Sustainability 1) 72% compliant
1) For more information see sub-section 13.2.2, Supplier indicators, of this
Annual Report
All of our programs are guided by the Philips General Business Principles,
which provide the framework for all of our business decisions and actions.
Boundaries of sustainability reporting
Our sustainability performance reporting encompasses the consolidated
Philips Group activities, following the consolidation criteria detailed in this
section. As a result of impact assessments of our value chain we have
identified the material topics, determined their relative impact in the value
chain (supply chain, our own operations, and use phase of our products)
and report for each topic on the relevant parts of the value chain. More
details on our impact are provided in the relevant sections.
The consolidated selected financial information in this sustainability
statements section has been derived from the Group Financial
Statements, which are based on IFRS.
Comparability and completeness
We used expert opinions and estimates for some parts of the Key
Performance Indicator calculations. There is therefore an inherent
uncertainty in our calculations. The figures reported are Philips’ best
estimate. As our insight increases, we may enhance the methodology in
the future.
The Green Product definition has changed in 2013 for Lighting; with the
phase-out of incandescent lamps, the Eco Halogen lamp became the
reference product for many lamps and was not included in our Green
Product sales any longer. This had a downward impact on the Green
Product sales of Lighting of some 4%. At the same time it was decided to
include sustainable services provided by the business group Professional
Lighting Solutions (PLS) in the Green Product definition Lighting. This had
an upward impact of 1,5% on the Green Product sales of this sector.