Public Profile

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.

21

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.

14

Industry Benchmark

Phillips Corporation's score of 21 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

Phillips Corporation's reported carbon emissions

In 2023, Phillips Corporation reported significant carbon emissions, totalling approximately 3,225,320,000 kg CO2e across all scopes. This includes about 322,532,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and an equal amount of approximately 322,532,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The company also disclosed substantial Scope 3 emissions, amounting to about 4,995,174,000 kg CO2e, which includes emissions from the use of sold products (approximately 3,066,000,000 kg CO2e) and purchased goods and services (about 1,012,241,000 kg CO2e). In previous years, Phillips demonstrated a commitment to reducing its carbon footprint, with emissions of approximately 627,000 kg CO2e in 2017 and about 436,000 kg CO2e in 2018 for Scope 1. However, there are currently no specific reduction targets or initiatives disclosed in their climate commitments. The absence of documented reduction targets suggests that while Phillips is actively measuring its emissions, it may not have formalised strategies in place to achieve significant reductions in the near term. Overall, Phillips Corporation's emissions data highlights the scale of its carbon footprint and underscores the importance of establishing clear reduction targets to align with global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201720182023
Scope 1
627,000
000,000
000,000,000
Scope 2
-
-
000,000,000
Scope 3
-
-
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Phillips Corporation's primary industry is Machinery and equipment n.e.c. (29), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Phillips Corporation is headquartered in US, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers