Philips AG Sustainability Profile
Philips AG, a prominent player in the global healthcare and consumer lifestyle sectors, is headquartered in Switzerland (CH). Founded in 1891, the company has evolved significantly, establishing itself as a leader in innovation and technology. With a strong presence in Europe, North America, and Asia, Philips focuses on areas such as medical devices, personal health, and home appliances. The company is renowned for its cutting-edge products, including advanced imaging systems, health monitoring solutions, and smart lighting technologies. Philips' commitment to sustainability and user-centric design sets it apart in a competitive market. Recognised for its contributions to health technology, Philips AG continues to drive advancements that enhance the quality of life for consumers and healthcare professionals alike.
DitchCarbon Score
How does Philips AG'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 Communication Equipment 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.
Industry Benchmark
Philips AG's score of 92 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 AG, headquartered in Switzerland (CH), currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. However, the company is part of a corporate family that includes Koninklijke Philips N.V., which may influence its climate commitments and initiatives. Philips AG's climate commitments are cascaded from its parent company, Koninklijke Philips N.V. This includes participation in various sustainability initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which aim to drive significant reductions in greenhouse gas emissions. While specific reduction targets for Philips AG are not detailed, the overarching goals from Koninklijke Philips N.V. suggest a commitment to sustainability and climate action. As a current subsidiary of Koninklijke Philips N.V., Philips AG aligns with the broader corporate strategy focused on reducing carbon footprints and enhancing environmental responsibility. The absence of specific emissions data highlights the need for ongoing transparency and accountability in climate reporting within the organisation.
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| 2007 | 2008 | 2009 | 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 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 | - | 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 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 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 | - | 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 |
How Carbon Intensive is Philips AG's Industry?
How Carbon Intensive is Philips AG's Location?
Philips AG's Scope 3 Categories Breakdown
Philips AG's Scope 3 emissions, which decreased by 8% last year and increased by approximately 361% since 2007, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 55% of Scope 3 emissions.
Top Scope 3 Categories
Philips AG's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Philips AG has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
