Royal Philips of the Netherlands is a diversified technology company focused on improving people's lives through meaningful innovation in the areas of healthcare, consumer lifestyle and lighting. Headquartered in the Netherlands, Philips employs approximately 115,000 employees with sales and services in more than 100 countries. The company was established in 1891 and is today a leader in cardiac care, acute care and home healthcare, energy-efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. With a yearly spend of 1.8 billion euros in R&D, Philips manages a dynamic portfolio of more than 40 businesses with 64,000 patents. Philips is recognized as a leader in the Carbon Disclosure Project Global 500 Carbon Leadership Index 2014 and as a Top 50 Best Global Green Brand by Interbrand in 2014.