As an important part of its mission to improve people's lives, Philips invests in relationships with suppliers who provide a safe working environment, treat workers with respect, and work in an environmentally sound way. The company is committed to leading the change towards a more sustainable supply chain by going beyond auditing, so that the focus is on ensuring structural, proactive improvement rather than simply reacting to incidents or issues in the area of sustainability.

Supplier sustainability is an integral part of Philips' Healthy People Sustainable Planet program, which runs throughout 2016-2020 and sets out ambitious targets for the company's solutions, operations and supply chain.

'Receiving the prestigious 2018 SPLC award is a validation of our systematic approach to improve the lives of people, everywhere, and here more specifically in our supply chain and have a positive impact. To this end, we want to work with like-minded and committed organizations,' said Sophie Bechu, Chief of Operations at Royal Philips. 'We are convinced that shared responsibility, openness and transparency can create a strong business relationship and safeguard business continuity for all stakeholders involved.'

More information about Philips' Supplier Sustainability Performance (SSP) program can be found here.

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Royal Philips NV published this content on 17 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 May 2018 08:43:03 UTC