Phillips Corporation, headquartered in the United States, is a leading provider of advanced manufacturing solutions, specialising in precision machining and additive manufacturing technologies. Founded in 1964, the company has established a strong presence across North America and Europe, serving a diverse range of industries including aerospace, automotive, and medical devices. With a commitment to innovation, Phillips Corporation offers a unique portfolio of products and services, including CNC machine tools, automation solutions, and comprehensive training programmes. Their focus on customer-centric solutions and cutting-edge technology has positioned them as a trusted partner in the manufacturing sector. Notable achievements include significant contributions to the advancement of manufacturing processes, solidifying their reputation as a market leader in the industry.
How does Phillips Corporation'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.
Mean score of companies in the Machinery and Equipment 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.
Phillips Corporation's score of 18 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2018, Phillips Corporation reported a net operational carbon footprint of approximately 436 kg CO2e. This figure represents their total emissions, although specific scopes (Scope 1, 2, or 3) were not disclosed. The previous year's data from 2017 indicated a higher carbon footprint of about 627 kg CO2e, suggesting a reduction in emissions over the year. Despite these figures, Phillips Corporation has not established specific reduction targets or initiatives, nor have they committed to any science-based targets (SBTi) or climate pledges. The absence of detailed emissions data and reduction commitments indicates a need for further transparency in their climate strategy. Overall, while Phillips Corporation has shown a decrease in emissions from 2017 to 2018, the lack of defined climate commitments or targets highlights an area for potential improvement in their sustainability efforts.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Phillips Corporation is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.