Philips issues healthcare industry’s first EU Green Bond under EuGB Standard
Philips says it has issued what it describes as the healthcare industry’s first green bond under the EU’s European Green Bond Standard. While the EuGB is voluntary, Philips links the financing to circular-economy aims such as energy-efficient product design, smarter packaging and materials, and support for reducing Scope 3 emissions from use of its equipment, aligned with its EcoDesign approach and decarbonization strategy.