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Koninklijke Philips N.V.

Koninklijke Philips N.V.

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Publicatie datum 09 dec 2008 - 16:21
Statutaire naam Koninklijke Philips N.V.
Titel Philips welcomes the momentum to accelerate the switch to energy efficient lighting solutions
Bericht December 9, 2008 PHILIPS WELCOMES THE MOMENTUM TO ACCELERATE THE SWITCH TO ENERGY EFFICIENT LIGHTING SOLUTIONS Switch to energy efficient lighting provides economic and ecological benefits; significant reduction of energy consumption, carbon emissions and costs, while improving the well-being of people Brussels, Belgium – Royal Philips Electronics (NYSE: PHG, AEX: PHI) announced today it welcomes the decision made by the European Union to phase-out incandescent light bulbs in the EU by 2012. This decision is in line with Philips’ call for action to accelerate the switch over to energy efficient lighting solutions in view of climate change, as announced in Brussels on 7 December 2006. “This decision is a milestone in our efforts to accelerate the switch to energy efficient lighting solutions,” says Rudy Provoost, CEO of Philips Lighting. “Lighting offers a great opportunity to not only significantly reduce energy consumption and carbon emission and as such contribute to a better environment; it also provides economic benefits. In short, energy efficient lighting solutions turn an economic and ecological challenge into an opportunity for innovation and growth, with a better quality of light that improves people’s well-being. Our global leadership position in lighting, coupled with our strategic focus and drive, positions us very well to further lead in innovative sustainable solutions and new business models.” In Europe, 1.8 billion incandescent light bulbs were sold in 2007, and the switch to energy efficient lighting solutions will have a significant impact. With this phase-out, consumers will significantly reduce energy consumption and fight climate change by preventing 23 million tons of CO2 emissions per year. What’s more, consumers can save up to EUR 8-10 in energy costs per bulb per year. On average there are about 20-30 light points per house and with the many alternative energy savers and halogen bulbs available from Philips, including LED-based solut