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Zeist, June 20th 2005

Philips most sustainable Dutch company in European perspective

Results from a research report by SiRi Company in cooperation with Dutch Sustainability Research SiRi Compnay

Of all Dutch companies listed on the Dutch stock-exchange (AEX), Philips scores best with regard to sustainability issues. Versatel is in the tail of the pack. This is result is obtained from a new report by Dutch Sustainability Research (DSR), published in cooperation with SiRi Company.

Philips leads with the highest relative score of its industry while Versatel lags with the lowest. Philips’ sustainability score is 45% above the European average of the consumer goods industry. The company also maintained its lead of the previous year by remaining the strongest leader of all AEX-constituents. Marcel Jeucken, Head of Institutional Relations DSR: “It’s remarkable that 17 out of 24 AEX-companies, outperform their European sector average.” Philippe Spicher, CEO SiRi Company adds: “Looking at the bigger picture, the sustainability performances of the AEX-listed companies as a group were compared to the performances at country level using the largest 350 European companies. As with last year, the United Kingdom ranked first, Dutch companies third, and Belgian companies last.“

Other eye-catching industry leaders within the AEX are Reed Elsevier, ABN AMRO and ING Group. In the media sector, a large dispersion is notable – Reed Elsevier scores almost 40% above the European industry average and ranks second in the AEX-index. VNU scores just below the industry average, while Wolters Kluwer scores over 40% below the European industry average. Also notable is the difference between the telecommunication providers KPN and Versatel. KPN scores just ahead of the industry average, while Versatel ranks last with a score of almost 50% below the industry average.

A summary of the AEX Study is available to download. (PDF format)

For more information, please contact:
Mr. Philippe Spicher, Managing Director, SiRi Company
Phone number +41 (0) 79 24 35 955
or
Mr Marcel Jeucken, Head of Institutional Relations, Dutch Sustainability Research
Phone number +31 (0) 30 694 26 18