Philips, officially known as Koninklijke Philips N.V., is a leading health technology company headquartered in the Netherlands (NL). Founded in 1891, Philips has evolved from its origins in lighting to become a global powerhouse in health technology, with significant operations across Europe, North America, and Asia. The company focuses on key areas such as diagnostic imaging, patient monitoring, and personal health, offering innovative products and services that enhance patient care and improve health outcomes. Philips is renowned for its commitment to sustainability and design, setting it apart in a competitive market. With a strong market position, Philips has achieved numerous accolades, including recognition for its advancements in medical technology and consumer health solutions. The company continues to drive innovation, making a significant impact on the healthcare landscape worldwide.
How does Philips's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Philips's score of 91 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Philips reported total carbon emissions of approximately 4,398,405,000 kg CO2e, with Scope 1 emissions at about 17,783,000 kg CO2e, Scope 2 emissions at approximately 2,179,000 kg CO2e, and Scope 3 emissions reaching about 4,568,700,000 kg CO2e. This represents a significant reduction from 2023, where total emissions were about 4,995,174,000 kg CO2e. Philips has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 75% by 2025 and 90% by 2040, using 2015 as the baseline year. Additionally, the company is committed to reducing Scope 3 emissions by 42% by 2030 from 2020 levels. These targets have been approved by the Science Based Targets initiative (SBTi), marking Philips as a leader in the health technology sector for its proactive approach to climate action. Philips is also committed to achieving Net Zero emissions by at least 2045, reinforcing its dedication to sustainability and environmental responsibility. The company has made substantial progress towards these goals, with a reported reduction of approximately 84% in emissions compared to the 2020 baseline for Scope 1 and 2 emissions. Overall, Philips's comprehensive climate strategy reflects its commitment to reducing its carbon footprint and contributing to global efforts against climate change.
Access structured emissions data, company-specific emission factors, and source documents
2007 | 2008 | 2009 | 2010 | 2015 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 449,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 717,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 991,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Philips is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.