Philips has come up with a new concept of the building of livable cities with green lighting solutions to enhance sustainable development of Asian economies

Philips Electronics has advocated the creation of "livable cities" with green lighting solutions as a key component of urban well-being at session on 'Entering into the green race' at the World Investment Forum in Xiamen.
 
Olivier Piccolin, Senior Vice President and General Manager, Philips Lighting Asia at the session, linked the rapid urbanization of Asian societies to the need for sustainable development: "By the middle of the century, it is expected that more than two-thirds of the world's population will be living in cities. This will place additional responsibility on municipalities to create cities that are safe and enjoyable to live, to work and do business."
 
So he urged urban planners to link their economic progress with sustainable development. He pointed out, "Philips has placed energy-efficient lighting high on its agenda as an immediate and actionable win in the battle against climate change. Philips is committed to sustainability and focusing on making a difference in efficient energy use."

According to Olivier Piccolin , Philips has set some important targets to increase the number of "green" products in our portfolio to 30% by 2012 and to reduce average energy use in our offices by 25% over five years.