Philips
Philips, officially known as Koninklijke Philips N.V., is a leading health technology company headquartered in the Netherlands. 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 innovative solutions in healthcare, consumer lifestyle, and lighting, with core products including advanced medical imaging systems, personal health devices, and smart home lighting. Philips is renowned for its commitment to sustainability and improving patient outcomes, positioning itself as a trusted leader in the health technology sector.
With numerous accolades for innovation and design, Philips continues to shape the future of health and well-being, making a significant impact on the lives of millions worldwide.
+84 vs industry average
Philips’s score of 95 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
All Other Miscellaneous Ambulatory Health Care Services has typical carbon intensity
Industry performance
The All Other Miscellaneous Ambulatory Health Care Services industry has increased its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Philips's reported carbon emissions
In 2025, Koninklijke Philips N.V. reported total greenhouse gas emissions of approximately 4.1 billion kg CO2e. This includes 17,685,000 kg CO2e from Scope 1 emissions, 1,948,000 kg CO2e from Scope 2 emissions (market-based), and significant contributions from Scope 3 emissions, including 2,238,541,000 kg CO2e from the use of sold products and 1,512,256,000 kg CO2e from purchased goods and services. Philips has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 GHG emissions by 75% by 2025 and 90% by 2040, using 2015 as the baseline year. Additionally, the company targets a 42% reduction in absolute Scope 3 emissions by 2030 from a 2020 base year. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Philips's commitment to achieving net-zero emissions across its value chain by 2045. Philips's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. The company is actively working towards its sustainability goals, demonstrating a strong commitment to reducing its carbon footprint in the healthcare equipment and supplies sector.
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Philips’s Climate Goals (2030 & 2050)
1 goal2030
42% reduction in scope 3 upstream
Philips commits to reduce absolute scope 3 GHG emissions from purchased goods and services, business travel, downstream transportation and d…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Philips’s sustainability data and climate commitments
Data year: 2025
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