Philips Holding USA Inc. Sustainability Profile
Philips Holding USA Inc., a prominent subsidiary of the global Philips brand, is headquartered in the United States and operates extensively across North America. Founded in 1891, Philips has evolved into a leader in the health technology industry, focusing on innovative solutions in personal health, diagnostic imaging, and connected care. The company is renowned for its cutting-edge products, including advanced medical devices, consumer health products, and home appliances, all designed to enhance the quality of life. Philips' commitment to sustainability and innovation has positioned it as a key player in the market, with notable achievements in improving patient outcomes and promoting healthier lifestyles. With a strong emphasis on research and development, Philips continues to set benchmarks in the healthcare sector, making it a trusted name worldwide.
DitchCarbon Score
How does Philips Holding USA Inc.'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 Holding USA Inc.'s score of 89 is higher than 94% 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 Holding USA Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. However, the company is part of a broader corporate family under Koninklijke Philips N.V., which has established significant climate commitments and reduction initiatives. As a current subsidiary, Philips Holding USA Inc. inherits emissions data and climate targets from 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 commitment to renewable energy. These initiatives aim to drive substantial reductions in greenhouse gas emissions across all scopes. While specific reduction targets for Philips Holding USA Inc. 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 working towards achieving its climate goals, which are cascaded down to its subsidiaries, including Philips Holding USA Inc. In summary, while specific emissions data for Philips Holding USA Inc. is not available, the company's climate commitments are aligned with those of its parent organisation, Koninklijke Philips N.V., demonstrating a commitment to sustainability and carbon reduction.
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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 Holding USA Inc.'s Industry?
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Philips Holding USA Inc.'s Scope 3 Categories Breakdown
Philips Holding USA Inc.'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 Holding USA Inc.'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 Holding USA Inc. 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.
