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 91 is higher than 95% 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, 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, and a significant 4,568,700,000 kg CO2e from Scope 3 emissions, which encompasses categories such as the use of sold products and 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 by 90% by 2040, using 2015 as the baseline year. Additionally, the company is targeting a 42% reduction in absolute Scope 3 emissions by 2030, based on 2020 levels. These targets have been approved by the Science Based Targets initiative (SBTi), reflecting a commitment to align with climate science and the goal of limiting global warming to 1.5°C. Philips is also committed to achieving Net Zero emissions by at least 2045, making it the first health technology company to have such targets approved by the SBTi in 2018. The company’s proactive approach to sustainability is further demonstrated through its participation in the Amazon Climate Pledge, signed in April 2021. Overall, Philips's comprehensive climate strategy underscores its dedication to reducing its carbon footprint and contributing to global climate goals.
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| 2007 | 2008 | 2009 | 2010 | 2015 | 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 |
| Scope 2 | 717,000,000 | 000,000,000 | 000,000,000 | 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 | 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.
