ESG Strategy

In 2025, a Double Materiality Assessment (DMA) was conducted at TPV Europe level to identify the most material ESG topics for our business and stakeholders. This assessment ensures our actions address both our impact on people and the planet, and the financial risks and opportunities tied to sustainability.

MMD Specific Focus
As a leading brand in display technology, MMD tracks selected product targets, including recycled material content and energy label performance. Our current targets include:

• By 2027, 70% of Philips B2B monitors will use 85% post-consumer recycled plastics in the back cover.
• By 2027, all Philips monitors will achieve energy label D or better.

These targets support lower energy consumption during use, increased recycled material content and improved repair/recycling information where applicable.