Public Profile

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 three main business areas: Personal Health, Diagnosis & Treatment, and Connected Care. Philips is renowned for its innovative products, including advanced imaging systems, patient monitoring solutions, and consumer health devices, all designed to enhance patient outcomes and improve quality of life. With a strong commitment to sustainability and digital transformation, Philips has established itself as a market leader, consistently recognised for its contributions to healthcare innovation and its efforts to create a healthier society.

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.

3

Industry Average

Mean score of companies in the Furniture Manufacturing 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.

15

Industry Benchmark

Philips's score of 3 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

Philips's reported carbon emissions

Philips, headquartered in the Netherlands (NL), currently does not provide specific carbon emissions data or reduction targets. Without available figures, it is challenging to detail their carbon footprint or specific commitments to climate action. However, Philips has been actively engaged in sustainability initiatives aimed at reducing environmental impact. The company is known for its focus on innovation in energy-efficient products and solutions, contributing to a lower carbon footprint in the healthcare and consumer lifestyle sectors. As the industry evolves, Philips is likely to align with global climate commitments and frameworks, although specific targets and achievements are not disclosed at this time.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Philips's primary industry is Furniture; other manufactured goods n.e.c. (36), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Philips is headquartered in NL, which has a rank of low, indicating low grid carbon 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 not committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers