What are the company’s short-term and long-term sustainability goals?
One thing that sets Philips Lighting apart is that we’ve always had five-year sustainability programs. With making short-to-mid-term goals, we drive our programs, tracking progress on a quarterly basis. As part of our Brighter Lives, Better World program, we’re currently engaging all of our employees, our customers and our supply chain to reach really ambitious goals. In just three short years from now, we’ve committed to zero waste to landfill for all our factories. And we’re quickly approaching our goal of being completely carbon-neutral by 2020. We also expect that by 2020, sustainable products, systems and services will contribute 80% of our revenues.
If you look at our program, the better world part is about reducing environmental impact and the brighter lives part is about improving people’s well-being throughout the value chain. For example, to help improve the sustainability performance of our supply chain we’ve conducted over 1200 audits and reached about 69,000 people in our supply chain to teach them about working conditions such as factory hygiene, safety, and overtime pay. And we are engaging our employees on safety. Over the last year, we’ve reduced incidents by 24% and we have a target to go down by about half by 2020 by implementing injury prevention programs.
If you think of brighter lives in terms of our products, it’s about different social elements where we can contribute to society such as human-centric lighting. That means looking at ideas such as how light influences our well-being – for instance, if you tune light to circadian rhythms, can we help people have less sick days, better concentration at school or help them heal better in hospitals? We’re also striving to improve access to light. We want to help the one billion people living in light poverty by giving them access to solar LED light.