Among the list of the world's leading sustainable enterprises announced in 2007, Philips ranks among them and become one of the top 20 sustainable development companies in the world. This selection has been in existence for six years and aims to announce to the media and investors the companies that have made significant progress in their green operations or important green technology businesses. The selected companies are global leaders in terms of sustainability and financial strength. Royal Philips Electronics was selected as the leading representative of energy conservation. As the global leader in the lighting industry, Philips has a growing market share in the lighting industry, and has long advocated and committed to stop the production of high-energy incandescent bulbs.
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