Philips Lighting has set out a wide-ranging new five year sustainability programme, including a goal of deriving 80 per cent of its turnover from products, systems and services which “provide environmental and social benefits”. Launched yesterday as part of New York City’s Climate Week, the ‘Brighter Lives, Better World’ programme marks the first time Philips Lighting – a part of technology giant Philips – has set its own sustainability goals as a standalone brand. The programme reaffirms parent firm Philips’ overall 2020 commitments to become a ‘carbon neutral’ company – a pledge first made last year in Paris – and for all of its electricity to come from clean sources. It also sets a target of eliminating waste to landfill at all Philips Lighting manufacturing sites by 2020. Philips Lighting claims its sustainable revenues accounted for 72 per cent of its total sales in 2015, while its connected lighting systems with wireless controls can reduce its customers’ energy use by up to 80 per cent. In addition, the LED firm has increased its use of renewable electricity to 58 per cent and reduced its carbon footprint by 42 per cent compared to 2007, the report said. The company plans to compensate for any remaining emissions it cannot avoid by investing in carbon offset projects.
Business Green 20th Sept 2016 read more »