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Philips
Electromedical and Electrotherapeutic Apparatus ManufacturingNetherlandsPNK: RYLPF
Last verified 24 days agophilips.com
Philips, officially known as Koninklijke Philips N.V., is a leading player in the electromedical and electrotherapeutic apparatus manufacturing industry, headquartered in the Netherlands (NL). Founded in 1891, the company has evolved significantly, focusing on health technology and consumer lifestyle products.
With a strong presence in Europe, North America, and Asia, Philips is renowned for its innovative medical devices, diagnostic imaging systems, and personal health solutions. Their commitment to improving patient outcomes and enhancing quality of life sets them apart in a competitive market.
Philips has achieved notable milestones, including advancements in imaging technology and a robust portfolio of health-related services. As a trusted name in healthcare, Philips continues to shape the future of medical technology with a focus on sustainability and digital transformation.
100
DitchCarbon score
+33 vs industry average
Philips’s score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Electromedical and Electrotherapeutic Apparatus Manufacturing has below-average carbon intensity
Industry performance
0.330
20182025
The Electromedical and Electrotherapeutic Apparatus Manufacturing industry has reduced its overall emissions by 28% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Philips's reported carbon emissions
Philips, a Netherlands-headquartered company in the Electromedical and Electrotherapeutic Apparatus Manufacturing industry, has disclosed its carbon emissions and climate commitments.
In 2025, Philips's total global emissions are projected to be approximately 4.12 billion kg CO2e. This includes about 17.69 million kg CO2e from Scope 1, approximately 1.95 million kg CO2e from Scope 2 (market-based), and around 4.07 billion kg CO2e from Scope 3. Key contributors to Scope 3 emissions include the use of sold products (about 2.24 billion kg CO2e), purchased goods and services (approximately 1.51 billion kg CO2e), and upstream transportation and distribution (around 194.65 million kg CO2e).
For 2024, Philips reported total global emissions of approximately 4.35 billion kg CO2e. This comprised about 17.78 million kg CO2e from Scope 1, approximately 2.18 million kg CO2e from Scope 2 (market-based), and roughly 4.33 billion kg CO2e from Scope 3.
In 2023, the company's total global emissions were approximately 4.99 billion kg CO2e. This included about 19.86 million kg CO2e from Scope 1, around 2.14 million kg CO2e from Scope 2 (market-based), and approximately 4.97 billion kg CO2e from Scope 3.
Philips is committed to significant emissions reductions. The company has set near-term Science Based Targets initiative (SBTi) approved targets to reduce absolute Scope 1 and 2 GHG emissions by 75% by 2025 from a 2015 base year. Furthermore, Philips aims to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2030 from a 2015 base year. The company also commits to reducing absolute Scope 3 GHG emissions by 42% by 2030 from a 2020 base year.
For long-term goals, Koninklijke Philips N.V. (as reported by SBTi) has committed to achieving net-zero greenhouse gas emissions across its value chain by 2045. This includes maintaining a minimum 90.0% absolute Scope 1 and 2 GHG emissions reduction from 2030 through 2045 from a 2015 base year, and reducing absolute Scope 3 GHG emissions by 90.0% by 2045 from a 2020 base year. Philips is also a signatory of The Climate Pledge, having signed in April 2021.
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Philips’s Climate Goals (2030 & 2050)
6 goals2030
90% reduction in Scope 2
Koninklijke Philips N.V. commits to reduce absolute scope 2 GHG emissions 90.0% by 2030 from a 2015 base year.
On track90%
2045
90% reduction in Scope 2
Koninklijke Philips N.V. commits to maintain a minimum 90.0% absolute scope 1 and 2 GHG emissions reduction from 2030 through 2045 from a 20…
At risk90%
2030
42% reduction in scope 3 total
Koninklijke Philips N.V. also commits to reduce absolute scope 3 GHG emissions 42.0% by 2030 from a 2020 base year.
At risk42%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
Signed 2021See details
Active
UN Global Compact Climate Champions initiative
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Active
RE 100
2020 targetSee details
Active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Philips24 days ago
100
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1 day ago
100
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Frequently asked questions
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