page 1
page 2
page 3
page 4
page 5
page 6
page 7
page 8
page 9
page 10
page 11
page 12
page 13
page 14
page 15
page 16
page 17
page 18
page 19
page 20
page 21
page 22
page 23
page 24
page 25
page 26
page 27
page 28
page 29
page 30
page 31
page 32
page 33
page 34
page 35
page 36
page 37
page 38
page 39
page 40
page 41
page 42
page 43
page 44
page 45
page 46
page 47
page 48
page 49
page 50
page 51
page 52
page 53
page 54
page 55
page 56
page 57
page 58
page 59
page 60
page 61
page 62
page 63
page 64
page 65
page 66
page 67
page 68
page 69
page 70
page 71
page 72
page 73
page 74
page 75
page 76
page 77
page 78
page 79
page 80
page 81
page 82
page 83
page 84
page 85
page 86
page 87
page 88
page 89
page 90
page 91
page 92
page 93
page 94
page 95
page 96
page 97
page 98
page 99
page 100
page 101
page 102
page 103
page 104
page 105
page 106
page 107
page 108
page 109
page 110
page 111
page 112
page 113
page 114
page 115
page 116
page 117
page 118
page 119
page 120
page 121
page 122
page 123
page 124
page 125
page 126
page 127
page 128
page 129
page 130
page 131
page 132
page 133
page 134
page 135
page 136
page 137
page 138
page 139
page 140

industry intro 021

offering people safety and spectacle, uplifting and inspiring experiences.n Materials: Philips is increasingly moving from linear to circular closed-loop business models, and we expect to double recycling rates and re-use of recycled materials by 2015.n Food: Philips provides solutions for healthy and nutritious food preparation and preservation, as well as developing horticultural lighting that boosts global food productivity.n Water: Philips' InstantTrust water disinfection solution, optimised for point-of-use water dispensers, heralds the beginning of a new era where water can be disinfected instantly, efficiently and independent of water temperature.n Healthcare: Philips delivers innovations that improve the quality of care, enhance patients' lives and enable the delivery of better outcomes at lower cost. These cover, among other things, prevention, early/better diagnostics, efficiency enhancement, minimally invasive intervention, and shifting care from hospital to the home.ESSENTIAL POLICY AND FINANCING MEASURESThe key question is: how can we create impetus for cooperation between the business community and public stakeholders, who in new public-private partnerships can speed up the market penetration of innovative new technologies, products and services, and so tackle the enormous task of transforming our linear society into a circular and sustainable one? Besides solutions like those outlined above, it is imperative that governments create policy frameworks (governing, for instance, public procurement, Total Cost of Ownership, and fiscal incentives) that stimulate clean, smart innovation, as well as adopt more ambitious energy and resource efficiency performance standards. At the same time, governments would benefit from healthcare system reform, with greater focus on prevention and home healthcare solutions. It is also vital that we renovate all existing building stock and other city infrastructure with energy and resource-efficient solutions. An annual commitment to a 3 per cent energy-efficiency improvement in this area (compared to the current 1 per cent) would lower the required investment in zero-carbon energy infrastructure (renewable energy; nuclear; carbon capture and storage) up to 2050 by a factor of three. Likewise, we would benefit greatly by moving financing mechanisms from " the lowest price tag" to integral performance (based on "life-cycle value"). This involves advancing new business models that balance operating expense and capital expenditure. As we move from lowest initial cost/linear business models to address our medium and longer-term Left: The Sustainable Development ChallengeCap Sectoral " It is imperative that governments create policy frameworks that stimulate clean, smart innovation"022 industry intro