Philips India Limited Sustainability Profile
Philips India Limited, a subsidiary of the global health technology leader Philips, is headquartered in Gurgaon, India. Established in 1930, the company has significantly contributed to the healthcare, consumer lifestyle, and lighting sectors across the country. With a strong presence in major operational regions, Philips India focuses on innovative solutions that enhance the quality of life. The company is renowned for its cutting-edge medical devices, personal care products, and energy-efficient lighting solutions. Philips India stands out for its commitment to sustainability and innovation, consistently delivering products that meet the evolving needs of consumers and healthcare professionals alike. As a market leader, Philips India has achieved numerous accolades, reinforcing its position as a trusted name in health technology and consumer products.
DitchCarbon Score
How does Philips India Limited'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 India Limited's score of 72 is higher than 85% 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 India Limited currently does not report specific carbon emissions data, as no emissions figures are available. However, the company is part of a broader commitment to sustainability and climate action, inheriting initiatives and targets from its parent company, Koninklijke Philips N.V. Philips India Limited is aligned with various climate initiatives, including the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all of which are cascaded from Koninklijke Philips N.V. This relationship indicates a commitment to reducing carbon emissions and enhancing sustainability practices across its operations. While specific reduction targets for Philips India Limited are not detailed, the overarching goals set by Koninklijke Philips N.V. reflect a strong commitment to climate action, aiming for significant reductions in emissions across all scopes. The company is actively engaged in initiatives that promote energy efficiency and sustainable practices, contributing to a lower carbon footprint in the healthcare and consumer lifestyle sectors. In summary, while specific emissions data for Philips India Limited is not available, the company's climate commitments and initiatives are robust, reflecting a dedication to sustainability inherited from its parent 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 India Limited's Industry?
How Carbon Intensive is Philips India Limited's Location?
Philips India Limited's Scope 3 Categories Breakdown
Philips India Limited'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 India Limited'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 India Limited 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.
