February 18, 2008

Philips Says Green Products Represent 20% Of Sales

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Royal Philips Electronics has seen a 33 percent increase in sales of green products in 2007, as published in the company’s 10th annual Sustainability Report (PDF). All three Philips sectors – Healthcare, Lighting and Consumer Lifestyle – showed an increase in sales of green products in 2007, resulting in total Green Product sales of EUR 5.3 billion in 2007, compared with EUR 4 billion in 2006.

In September 2007, Philips announced its EcoVision4 program aiming to double sales of green products to 30 percent of total revenues within five years. Philips is well on its way to achieving….

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