Philips 2014 Annual Report Download - page 219

Sustainability statements 14.5
Annual Report 2014 219
Specic Standard Disclosures
prole
disclosure description cross-reference
Economic
Economic performance
G4-EC1
Direct economic value generated and
distributed, including revenues, operating
costs, employee wages and benefits,
payments to providers of capital, payments
to government (by country) and community
investments;
EVG&D separately at country, regional or
market level
chapter 1, Performance highlights
section 4.2, How we create value
sub-section 5.2.9, Social Investment Programs
sub-section 14.2.6, The Philips Foundation
note 2, Information by sector and main country
section 14.1, Economic indicators
G4-EC2 Financial implications and other risks
and opportunities for the organization’s
activities due to climate change
sub-section 5.3.1, Green Innovation
sub-section 5.3.2, Green Product sales
section 7.4, Operational risks - “Any damage to Philips’
reputation could have an adverse eect on its
businesses.”
sub-section 14.3.1, EcoVision - “Operational carbon
footprint and energy eciency - 2014 details”
sub-section 14.3.3, Green Operations
G4-EC3 Coverage of the organization’s dened-
benet plan obligations
note 20, Post-employment benets
G4-EC4 Signicant nancial assistance received
from government
Philips does not receive signicant nancial assistance
from governments.
Market presence
G4-EC5 Ratios of standard entry level wage by
gender compared to local minimum
wage at signicant locations of
operation
For all Philips businesses, guidance is applicable
regarding equal and fair treatment and wages and
payment. See General Business Principles - “1.1 Fair
employment practices”.
Actual ratios are managed and monitored at local
level. Philips considers this ratio on consolidated level
not relevant.
G4-EC6 Procedures for local hiring and
proportion of senior management hired
from the local community at signicant
locations of operation
sub-section 5.2.3, Diversity and inclusion
sub-section 5.2.4, Employment
Indirect economic impacts
G4-EC7 Development and impact of
infrastructure investments and services
supported
sub-section 5.2.8, Working with stakeholders
sub-section 5.2.9, Social Investment Programs
sub-section 6.1.3, 2014 highlights
sub-section 6.3.3, 2014 highlights
sub-section 14.2.7, Stakeholder Engagement
G4-EC8 Signicant indirect economic impacts,
including the extent of impacts
sub-section 5.2.8, Working with stakeholders
sub-section 5.2.9, Social Investment Programs
sub-section 6.1.3, 2014 highlights
sub-section 6.3.3, 2014 highlights
sub-section 14.2.7, Stakeholder Engagement
Procurement practices
G4-EC9 Proportion of spending on local
suppliers at signicant locations of
operation
section 14.1, Economic indicators
Related content: Supplier Sustainability Involvement
program
prole
disclosure description cross-reference
Environment
Materials
G4-EN1 Materials used by weight or volume sub-section 5.3.3, Green Operations
sub-section 14.3.3, Green Operations
G4-EN2 Percentage of materials used that are
recycled input materials
sub-section 5.3.1, Green Innovation
sub-section 5.3.3, Green Operations
chapter 14, Sustainability statements
sub-section 14.3.3, Green Operations
Energy
G4-EN3 Energy consumption within the
organization
sub-section 5.3.3, Green Operations
sub-section 14.3.3, Green Operations
G4-EN4 Energy consumption outside of the
organization
sub-section 14.2.8, Supplier indicators - “Other
sustainability initiatives in our supply chain”
G4-EN5 Energy intensity sub-section 5.3.3, Green Operations
sub-section 14.3.1, EcoVision
G4-EN6 Reduction of energy consumption sub-section 5.3.3, Green Operations
sub-section 14.3.3, Green Operations
G4-EN7 Reductions in energy requirements of
products and services
sub-section 5.3.1, Green Innovation
sub-section 5.3.2, Green Product sales
chapter 14, Sustainability statements