Philips Foundation 2023 Annual Report: unlocking quality medical services for over 28 million people in underserved communities

Core Insights - Philips Foundation aims to provide access to quality healthcare for 100 million people annually in underserved communities by 2030, with over 28 million people reached in 2023, indicating progress towards this target [2][9] - The foundation executed 22 ongoing and new initiatives in 2023 in collaboration with various partners, showcasing its commitment to improving healthcare access [3][9] - The foundation's strategy emphasizes building local ecosystems and fostering collaboration to enhance healthcare delivery, particularly through early screening and diagnosis [6][9] Investment and Initiatives - Philips Foundation Impact Investments B.V. supported 13 social enterprises in 2023, with four investments made, including three new and one follow-on investment [7][9] - The foundation continues to prioritize areas such as mother and child health, non-communicable disease detection, and emergency care services [5][9] - The focus on social entrepreneurship aims to create lasting access to medical services while considering the socio-economic conditions of underserved populations [8][9] Leadership and Vision - The newly appointed Chair of the Board expressed pride in the foundation's contributions and emphasized the importance of sustainable development in healthcare [4] - The foundation's director highlighted the need for an interconnected ecosystem of diverse organizations to drive innovation and collaboration towards achieving its 2030 goal [8]