Koninklijke Philips NV
Koninklijke Philips's Climate Target Data Preview
As of 2024, Koninklijke Philips has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Koninklijke Philips's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2025 |
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Business Travel (Cat. 6), Scope 3 - Use of Sold Products (Cat. 11) | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2040 |
Verified Sources Behind Koninklijke Philips’s Climate Targets Data
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Insights into Koninklijke Philips's Greenhouse Gas Emissions Pathways
As of 2024, Koninklijke Philips has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does Koninklijke Philips have a target to reduce the emissions from its operations?
As of 2024, Koninklijke Philips has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Koninklijke Philips's most ambitious operational target is to reduce these emissions by 90% by 2040, compared to a baseline of 134,171 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.a
As of 2024, Koninklijke Philips is ahead of schedule on its operational emissions reduction target, having achieved 94.58% of the planned reduction.a
Koninklijke Philips's Operational (Scope 1+2) Emissions Pathway
Does Koninklijke Philips have a target to reduce the emissions from its value chain?
As of 2024, Koninklijke Philips has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Koninklijke Philips's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 7,360,235 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
Koninklijke Philips has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule.a