Corporate social
responsibility
At MMD, we believe that sustainable innovation, responsible sourcing, and social impact are essential to the future of display technology. As part of TPV Europe Holding B.V., our commitment to sustainability is embedded into our daily business operations and long-term vision.
Our Corporate Social Responsibility (CSR) approach is aligned with the TPV Europe Environmental, Social, and Governance (ESG) Strategy, which is structured around four pillars:
•Driving the Future of Green Displays
•Creating a Safe and Inclusive Workplace
•Building a Sustainable Value Chain
•Fostering a Healthy and Responsible Society
These pillars guide our actions across ten focus areas, ranging from product innovation and climate performance to diversity, ethical supply chains, and community engagement.
In 2025, we conducted a Double Materiality Assessment (DMA) at TPV Europe level to identify the most relevant environmental, social, and governance topics. This assessment is an important step in our preparation for upcoming European regulations, including the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).
Our products are the result of a process built on initiatives that confirmed and deepened our commitment to sustainable operations. Since our world is facing environmental challenges and as we seek to meet our customers’ demands, we as a company, will continue to invest in the best research and development to ensure our products meet the highest standards.
At the heart of our activities are our people. We are proud of them and we are committed to ensure they are treated fairly and can work in safe, healthy conditions – not just to meet rules and regulations, but because we believe that we are a better company when this happens.
Our products are the result of a process built on initiatives that confirmed and deepened our commitment to sustainable operations.
”We believe that the whole industry needs to fundamentally rethink product development and business models.”
— Stefan van Sabben, Global CSR & Sustainability Director
“We are introducing circular thinking across our entire company strategy, resulting in more sustainable designs, features, and packaging.”
— Artem Khomenko, Head of Product Management
Sustainability Report 2024
Message from the Vice President Europe
The world continues to face far-reaching environmental and societal challenges. From the escalating climate crisis—2024 again marked one of the hottest years on record—to rising energy costs and increasing raw material scarcity, the pressure on industries to rethink and redesign their processes is growing fast. At the same time, the global e-waste problem is becoming harder to ignore, underscoring the need for more circular and responsible product lifecycles.
At AOC and MMD (Philips Monitors), we remain committed to improving sustainability across our full value chain. That means going beyond product performance: we focus on the sourcing of responsible materials, reducing packaging and plastic waste, designing for energy efficiency, and supporting end-of-life recovery.
Many of our monitors now meet leading international sustainability standards such as TCO Certified, EPEAT+, and ENERGY STAR. Last year, both brands were recognised as EPEAT Climate+ Champions—an achievement that reflects the strength of our long-term commitment.
We see sustainability not as a single initiative, but as a continuous process of improvement. We continue to embed circular design thinking into all areas of our work—with the aim of contributing to a more sustainable future for our industry and the world around us.
Stefan Sommer
Vice President Europe, TPV (AOC & Philips Monitors, IT Accessories)
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