Annual Report 2008
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Green Innovations

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In 2008 Philips invested approximately EUR 282 million in Green Innovations – the Research & Development spend related to the development of new generations of Green Products and breakthrough Green Technologies.

Philips Healthcare innovation projects consider all of the Green Focal Areas and aim to reduce total life cycle impact. In particular the sector focuses on reducing energy consumption, weight, and hazardous substances.

Consumer Lifestyle’s investment in Green Innovations is dedicated to the development of new Green Products, focusing on further enhancing energy efficiency and on closing material loops.

The Lighting sector accounts for more than half of the total spend on Green Innovations. The focus is on developing new energy-efficient lighting solutions, further enhancing current Green Products and driving toward technological breakthroughs, such as solid-state lighting.

Within Corporate Technologies, Philips Research invested approximately EUR 41 million, spread over Green Innovation projects focused on meeting global challenges related to water, air, waste and energy.

Our Roosendaal facility is the first Philips location in the Netherlands to run completely on green electricity from renewable sources. The lamps produced at Roosendaal are mainly Green Products – energy-efficient solutions that reduce energy costs and CO2 emissions.

In 2008 the facility started an ‘adoption plan’, donating energy-efficient lighting to all primary schools in the town. That cut their electricity consumption annually by an average of 18% and stopped 33 tons of CO2 from entering the atmosphere. The project involved more than 100 employees, 26 schools and more than 9,500 lamps.

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This is an interactive electronic version of the Philips Annual Report 2008 and also contains certain information in summarized form. The contents of this version are qualified in their entirety by reference to the printed version of the Philips Annual Report 2008. The printed version is available as a PDF file on this website. Information about: forward-looking statements, third-party market share data, fair value information, US GAAP basis of presentation, use of non-US GAAP information, statutory financial statements and management report, revision and reclassifications and analysis of 2007 compared to 2006.
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