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 is translating this strategy into tangible action. 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 commitments demonstrate our ambition to develop future-proof products that reduce environmental impact and support the shift to a circular economy.
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ESG Strategy
