Philips Consumer Electronic Services B.V. Sustainability Profile
Philips Consumer Electronic Services B.V., a subsidiary of the renowned Philips Group, is headquartered in the Netherlands and operates extensively across Europe and Asia. Founded in the early 20th century, the company has established itself as a leader in the consumer electronics industry, focusing on innovative solutions in health technology, personal care, and home appliances. Philips is celebrated for its commitment to quality and sustainability, offering a diverse range of products, including advanced lighting systems, smart home devices, and personal health gadgets. The company’s emphasis on user-centric design and cutting-edge technology sets it apart in a competitive market. With a strong market position, Philips has received numerous accolades for its contributions to enhancing everyday life through technology, solidifying its reputation as a trusted name in consumer electronics.
DitchCarbon Score
How does Philips Consumer Electronic Services B.V.'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 Real Estate 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 Consumer Electronic Services B.V.'s score of 84 is higher than 91% 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 Consumer Electronic Services B.V., headquartered in the Netherlands (NL), currently does not have specific emissions data available for the most recent year. The company is a current subsidiary of Koninklijke Philips N.V., which cascades its climate commitments and emissions data down to its subsidiaries. As part of its climate strategy, Philips Consumer Electronic Services B.V. adheres to the sustainability initiatives set forth by Koninklijke Philips N.V. This includes participation in the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which aim to drive significant reductions in carbon emissions across the corporate family. While specific reduction targets and achievements for Philips Consumer Electronic Services B.V. are not detailed, the overarching commitments from Koninklijke Philips N.V. reflect a strong dedication to addressing climate change and reducing carbon footprints. The company is actively engaged in initiatives that promote sustainability and aim for a lower environmental impact, aligning with industry standards for climate action.
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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 Consumer Electronic Services B.V.'s Industry?
How Carbon Intensive is Philips Consumer Electronic Services B.V.'s Location?
Philips Consumer Electronic Services B.V.'s Scope 3 Categories Breakdown
Philips Consumer Electronic Services B.V.'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 Consumer Electronic Services B.V.'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 Consumer Electronic Services B.V. 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.
