Annual Report 2008
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Management summary

Our focus on sustainability has resulted in our PowerSave feature in all our MRI systems. Not only does this save energy, but the customer saves substantially on energy costs compared with competitors. With smart power management our MRI systems only consume energy when really needed. Key to achieving this is making the right choices in power amplifier technology.

The Achieva 1.5T product line reduces energy consumption by 28% and offers a life cycle assessment improvement of about 10% compared to its predecessor.

In 2008 we made progress against our Sustainability Management Agenda, focusing on:

  • driving the implementation of our EcoVision programs
  • strengthening the energy-efficient and Green Product approach at both Healthcare and Consumer Lifestyle, leveraging the experience of our Lighting sector
  • making our supply chain fully compliant with the Electronic Industry Code of Conduct standard, and
  • continuing to engage employees on energy efficiency and carbon footprint awareness.

We also focused on achieving the targets defined by our Key Performance Indicators, which are set yearly to track our progress on the major issues regarding sustainability. These KPIs include targets related to our EcoVision4 program; diversity and inclusion; engagement; health and safety; supplier performance and communication.

Results are detailed on the following pages.

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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