February 20, 2024Today, millions of people around the world have little or no access to basic healthcare, and climate change is impacting both environmental and human health. Together with partners, Philips is developing an AI-powered ultrasound solutionPhilips has a diverse team made up of approximately 70,000 individuals across over 100 countries, all with different backgrounds, perspectives, and experiences. The company attaches great importance to creating an environment of inclusion to ensure that creativity and innovation can flourish. For example, regarding gender diversity, Philips reached a 31% representation of women in senior management in 2023. External recognition of this in 2023 included Forbes Best Employers for Women and Forbes Best Employers for Diversity.In 2023, Philips expanded its circular revenues to 20% of sales, and alongside remaining carbon-neutral in its operations since 2020, Philips achieved 78% renewable energy usage, exceeding its 75% science-based target goal for 2025. This was supported by the renewable electricity supply from the new Mutkalampi windfarm in Finland, and the new Pontinia solar power generation farm in Italy. In December 2023, Philips signed its first direct renewable energy agreement in China.Philips was listed in the top 3 health technology companies in the global 2023 Dow Jones Sustainability Indices list; and CDP (formerly known as the Carbon Disclosure Project), a global NGO that assesses the greenhouse gas emission performance and management of reporting companies, has ranked Philips on the CDP Climate Change ’A’ List for the 11^{thPhilips Global External Relations
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