Philips Consumer Lifestyle B.V. Sustainability Profile
Philips Consumer Lifestyle B.V., a subsidiary of the renowned Philips Group, is headquartered in the Netherlands (NL) and operates across major regions including Europe, North America, and Asia. Founded in 1891, Philips has evolved into a leader in the consumer lifestyle industry, focusing on health and well-being through innovative products and services. The company is known for its diverse range of offerings, including personal care appliances, home appliances, and health technology solutions. What sets Philips apart is its commitment to sustainability and user-centric design, ensuring that each product enhances the quality of life for consumers. With a strong market position, Philips has received numerous accolades for its innovation and design excellence, solidifying its reputation as a trusted brand in the global marketplace.
DitchCarbon Score
How does Philips Consumer Lifestyle 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 Electrical Machinery 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 Consumer Lifestyle B.V.'s score of 89 is higher than 93% 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 Lifestyle B.V., headquartered in the Netherlands (NL), currently does not have specific carbon 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. Philips Consumer Lifestyle B.V. inherits its climate initiatives from Koninklijke Philips N.V., which has set various reduction targets through the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and other sustainability frameworks. However, specific reduction targets or achievements for Philips Consumer Lifestyle B.V. are not detailed in the available data. As part of its commitment to sustainability, Philips N.V. has pledged to reduce its carbon footprint and enhance its climate resilience, which indirectly influences the operational practices of its subsidiaries, including Philips Consumer Lifestyle B.V. The company is aligned with industry standards for climate action, although specific metrics or targets for emissions reductions at the subsidiary level remain unspecified.
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| 1998 | 1999 | 2000 | 2001 | 2002 | 2007 | 2008 | 2009 | 2010 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | 000,000,000 | 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 | 00,000,000 |
| Scope 2 | - | - | - | - | - | 000,000,000 | 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 | - | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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 Lifestyle B.V.'s Industry?
How Carbon Intensive is Philips Consumer Lifestyle B.V.'s Location?
Philips Consumer Lifestyle B.V.'s Scope 3 Categories Breakdown
Philips Consumer Lifestyle 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 Lifestyle 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 Lifestyle B.V. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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