Philips

Philips: Driving Towards Carbon Neutrality

Philips, a global leader in electromedical and electrotherapeutic apparatus manufacturing headquartered in the Netherlands, is actively committed to reducing its environmental impact.

In 2025, Philips reported total greenhouse gas emissions of approximately 4.12 billion kg CO2e. This figure encompasses Scope 1 (direct emissions), Scope 2 (indirect emissions from purchased energy), and Scope 3 (all other indirect emissions). Specifically, Scope 1 emissions were approximately 17.7 million kg CO2e, while Scope 2 emissions (market-based) amounted to approximately 2 million kg CO2e. Scope 3 emissions were a substantial 4.04 billion kg CO2e, with the largest contributors being the use of sold products (approximately 2.24 billion kg CO2e) and purchased goods and services (approximately 1.51 billion kg CO2e).

Philips has set ambitious climate targets. By 2025, the company aims to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 75% compared to a 2015 baseline. Furthermore, Philips is targeting a 90% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2040, also from a 2015 baseline. For Scope 3 emissions, specifically from purchased goods and services, business travel, downstream transportation and distribution, and the use of sold products, Philips aims for a 42% reduction by 2030, based on a 2020 baseline. Looking further ahead, Philips has committed to achieving net-zero greenhouse gas emissions across its value chain by 2045.