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 96 is higher than 97% 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, Royal Philips N.V., headquartered in the Netherlands, reported total greenhouse gas emissions of approximately 4,398,405,000 kg CO2e. This includes 17,783,000 kg CO2e from Scope 1 emissions, 2,179,000 kg CO2e from Scope 2 emissions (market-based), and a significant 4,568,700,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from the use of sold products (approximately 2,528,611,000 kg CO2e) and purchased goods and services (about 1,396,321,000 kg CO2e). Philips has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 GHG emissions by 75% by 2025, compared to a 2015 baseline. Furthermore, the company targets a 90% reduction in these emissions by 2040. For Scope 3 emissions, Philips commits to a 42% reduction by 2030 from a 2020 base year, focusing on emissions from purchased goods and services, business travel, downstream transportation and distribution, and the use of sold products. Philips is also committed 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 climate strategy is supported by its participation in various initiatives, including the Climate Pledge and RE100, reinforcing its commitment to sustainability and climate action.
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| 2007 | 2008 | 2009 | 2010 | 2014 | 2015 | 2016 | 2017 | 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 | 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 | 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 | - | 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.
