Philips
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Philips's score of 59 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Philips's reported carbon emissions
In 2023, Koninklijke Philips NV reported total greenhouse gas emissions of approximately 4,995,174,000 kg CO2e. This includes 19,856,000 kg CO2e from Scope 1 emissions, 2,137,000 kg CO2e from Scope 2 emissions (market-based), and significant Scope 3 emissions of 4,973,318,000 kg CO2e, which encompasses business travel, use of sold products, purchased goods and services, and downstream transportation and distribution. 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 base year. Additionally, the company targets a 42% reduction in absolute Scope 3 emissions by 2030, based on a 2020 baseline. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. Philips's commitment to sustainability is further underscored by its participation in the Climate Pledge, reinforcing its dedication to achieving net-zero emissions across all scopes by 2050. The company continues to focus on innovative solutions to enhance energy efficiency and reduce its carbon footprint in the healthcare and electrical equipment sectors.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2007 | 2008 | 2009 | 2010 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 |
| Scope 3 | 991,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to some reduction initiatives 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.
