Philips CEO Nominated for International Circular Economy Award

Economy Awards

Frans van Houten, CEO and Chairman of Philips is a potential recipient of a Circular Award, an annual event recognizing people and enterprises from commerce, civil society and academia that have made a notable contribution to driving circular economy principles. 

The circular economy is an alternative to the traditional linear economy. It decouples growth from scarce resource use allowing economic development within natural resource limits and allowing companies to innovate to enable customers and users to do more with less.

Recognizing that innovation is a critical driving force for the circular economy, van Houten initiated a major transformation program across the company in 2011, setting out a new vision centred on innovation. The objective: to convert the global electronics multinational’s business model from linear to circular. He also championed investment in staff and external partnerships with the aim of embedding circular principles within the organization. 

As a result of these initiatives, two business units — lighting and healthcare — have already commercialized circular offerings. In the consumer space, Philips plans to reintroduce products designed to last and be repaired to extend life.

 

Related Articles

Changing Scene

  • March 18, 2026 - Liteline Presents ATTRACKT - New Product Webinar - March 31, 2026

    Liteline Presents: ATTRACKT – New Product Webinar – March 31, 2026

    Join Liteline for the launch of ATTRAKT, a low-voltage magnetic lighting system designed for modern spaces. ATTRACKT’s compact, refined form factor delivers exceptional flexibility, with fixtures that can be easily positioned and reconfigured to suit evolving lighting needs. With versatile modules and connectors to create customized layouts, ATTRACKT provides a clean, modular solution that elevates… Read More…

  • March 3, 2026 - Leviton - Certolux Visioneering (Viscor) Announces Walter Lai as New Purchasing Manager

    Leviton – Certolux Visioneering (Viscor) Announces Walter Lai as New Purchasing Manager

    Leviton – Certolux Visioneering (Viscor) is excited to welcome Walter Lai CSCMP to the team as Purchasing Manager! Walter brings over 20 years of expertise in purchasing, inventory management, and supply chain operations. His strong background in supplier management, cost optimization, and leading cross-functional teams will be a tremendous asset as they continue to strengthen… Read More…

Design

  • CSC LED: Why Blue Light at Night Is a Problem & How Amber Optics Solve It

    CSC LED: Why Blue Light at Night Is a Problem & How Amber Optics Solve It

    Outdoor lighting plays a critical role in safety, visibility, and security—but not all light is created equal. In recent years, increased awareness around blue-rich white light has raised important questions about its impact on human health, wildlife, and the night sky. As municipalities, designers, and property owners look for better solutions, Amber Optics are becoming… Read More…

  • RENO Lighting Highlights Rittal Canada Lighting Project

    RENO Lighting Highlights Rittal Canada Lighting Project

    It’s great to see projects grow from one phase to the next! RENO Lighting has partnered with Rittal Canada to supply lighting for their new office and warehouse. As the renovation continues, they are proud to showcase the next step in their transformation. From industrial environments to modern workplaces, each phase requires thoughtful lighting design… Read More…

New Products

  • NEXLEDS: 3CCT Post Top Light – NX-3PT-150W-X-DV-A-Y

    NEXLEDS: 3CCT Post Top Light – NX-3PT-150W-X-DV-A-Y

    NEXLEDS provides an efficient and adaptable lighting solution with the 3CCT Post Top Light. This fixture offers high luminous efficacy, IP65, as well as power tunable and CCT switchable options, granting enhanced visibility, security and safety in exterior spaces. The 3CCT Post Top luminaire is ideal for applications such as parking lots, walkways, campuses, and… Read More…

  • Dals: Boulevard Architectural Linear Collection

    Dals: Boulevard Architectural Linear Collection

    Dals Boulevard is more than a fixture, it’s a complete architectural system. A single, disciplined line of light moves effortlessly from ceiling to wall, from interior to exterior, creating continuity across every space it touches. One system, expressed four ways, unified by proportion, performance, and purpose. Available in standard 120V or multi-voltage configurations (120, 277,… Read More…