|Opening of new Dutch wind farm puts Philips on course to becoming carbon neutral by 2020|
|By GLOBE NEWSWIRE|
|Wednesday, 15 May 2019 22:00|
Amsterdam, the Netherlands – Following the opening of the Windpark Krammer in the southwest of the Netherlands in the presence of His Majesty King Willem-Alexander, Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, achieved another major milestone on the road to becoming carbon neutral by 2020. Under the terms of a power purchase agreement (PPA) between the windfarm’s operators and the Dutch Wind Consortium – a joint initiative by Philips, DSM, Google and Nouryon (formerly AkzoNobel Specialty Chemicals) – the consortium partners will jointly purchase 95% of the wind park’s total 102 MW output (generated by 34 wind turbines) for the next 15 years. It means that 100% of Philips’ operations in the Netherlands will now be powered by renewable energy, matching the 100% renewable energy target already achieved in the company’s US operations. Globally it means that around half of Philips’ facilities worldwide will now be powered by green energy.
“Philips has a comprehensive sustainability strategy that is embedded into its business model both on the procurement side, such as the purchase of green energy, and on the customer side in the form of circular economy and sustainable healthcare solutions,” said Frans van Houten, CEO Royal Philips. “We see achieving carbon neutrality as soon as possible not only as a moral obligation but also as a business opportunity, because customers are increasingly looking at sustainability as a criteria to choose a vendor. It is also visible evidence of our commitment to meeting UN Sustainability Goal objectives, notably those on climate change, as part of our ‘Healthy people, Sustainable planet’ program.”
“Krammer has emerged from a unique citizens' initiative and Nouryon is proud to be one of their first customers,” said Marcel Galjee, Energy Director at Nouryon. “By working together in this green energy purchasing consortium with Philips, Google and DSM we aim to limit the risk in fluctuating energy supplies, while at the same time reducing emissions and growing our business.”
‘The opening of the Windpark Krammer is a milestone for the community, the Zeeuwind and Deltawind cooperations who initiated this project and for our consortium,” said Marc Oman, Google EU Energy lead. “It is because of long term purchase agreements with local windparks like Krammer that we can operate our business in the Netherlands in an environmentally sustainable way.”
Philips’ Healthy people, Sustainable planet program
In addition to achieving the milestone of powering 100% of its Netherlands operations with renewable energy, other highlights of Philips’ SDG13 commitment include: an increase in its global renewable electricity share from 79% in 2017 to 90% in 2018; powering of all its US operations with renewable energy from the Los Mirasoles wind farm in Texas; and approval of its 2020 - 2040 CO2 emission targets by the Science Based Targets initiative (SBTi), a collaboration between the UN Global Compact, the World Resources Institute and the World Wide Fund for Nature aimed at driving ambitious corporate climate action.
Download a comprehensive case study on the Dutch Wind Consortium.
For further information, please contact:
Elena Calamo Specchia
About Royal Philips