Phillips Corporation
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Phillips Corporation's score of 26 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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Phillips Corporation's reported carbon emissions
In 2023, Phillips Corporation reported significant carbon emissions, totalling approximately 5,000,000 kg CO2e. This figure includes 322,532,000 kg CO2e from Scope 1 emissions, 322,532,000 kg CO2e from Scope 2 emissions, and a substantial 4,995,174,000 kg CO2e from Scope 3 emissions, which encompasses the use of sold products (3,066,000,000 kg CO2e) and purchased goods and services (1,012,241,000 kg CO2e). Comparatively, in 2018, the company’s Scope 1 emissions were recorded at 436,000 kg CO2e, indicating a notable increase in emissions over the years. The data reveals that Phillips has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint, nor have they committed to any climate pledges. Overall, Phillips Corporation's emissions profile highlights the challenges faced in managing carbon outputs, particularly within Scope 3, which often represents the largest share of emissions for many companies. The absence of defined reduction targets suggests a need for enhanced climate strategies moving forward.
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| 2017 | 2018 | 2023 | |
|---|---|---|---|
| Scope 1 | 627,000 | 000,000 | 000,000,000 |
| Scope 2 | - | - | 000,000,000 |
| Scope 3 | - | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
