Philips wins Gigaton Award

Philips won a prestigious Gigaton Award from the Carbon War Room at the World Climate summit. Philips was awarded for its EcoDesign process which identifies the environmental impact of energy efficiency, recycling, and for its lifetime reliability and results from across all Philips teams across the world. The award was collected by Philips Vice President for Africa JJ van Dongen and Harry Verhaar senior director of energy and climate change at Philips.

Described as the ‘Oscars for the climate change world’, the distinguished jury for the Gigaton awards included Sir Richard Branson, Mary Robinson former President of Ireland, Jose Maria Figueres former President of Costa Rica, Nobel prize winner Rajenda Pachauri, former head of UNFCCC Yvo de Boer and retired General Wesley Clark from the US army.

The Gigaton Awards are designed to inspire and challenge businesses to run their business in the most carbon-efficient way possible. It recognises the best-in-class in five major sectors, one of which is ‘Consumer Discretionary’, Consumer Staples, Telecommunications, Industrials and Utilities.

“At Philips, we are proud to have received this award for our commitment to energy efficiency amongst other things. This recognition motivates us to achieve more in the arena of environmental sustainability and we look forward to introducing more meaningful innovations to the market in the future,” said van Dongen.

For additional information please visit www.lighting.philips.co.za

About Royal Philips Electronics: Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity.” Headquartered in the Netherlands, Philips employs over 120,000 employees with sales and services in more than 100 countries worldwide. With sales of EUR 22.3 billion in 2010, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in male shaving and grooming, portable entertainment and oral healthcare.

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