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 99 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Philips's reported carbon emissions
In 2024, Philips reported total greenhouse gas 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. The company has set ambitious targets to reduce its carbon footprint, committing to a 75% reduction in absolute Scope 1 and Scope 2 emissions by 2025, compared to a 2015 baseline. Furthermore, Philips aims for a 90% reduction in these emissions by 2040. For Scope 3 emissions, which include indirect emissions from the supply chain and product use, Philips has pledged to reduce these by 42% by 2030 from a 2020 baseline. This commitment reflects a comprehensive approach to tackling emissions across its entire value chain. Philips is also dedicated to achieving net-zero emissions by at least 2045, having been the first health technology company to have its targets approved by the Science Based Targets initiative (SBTi) in 2018. The company’s long-term strategy includes maintaining a minimum 90% reduction in Scope 1 and 2 emissions from 2030 through 2045, alongside a 90% reduction in Scope 3 emissions by 2045. Overall, Philips's climate commitments demonstrate a robust framework for reducing greenhouse gas emissions, aligning with global climate goals and industry standards.
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| 2007 | 2008 | 2009 | 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 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 | - | 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 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 | - | 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 |
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 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.
