As of 2025, Koninklijke Philips has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 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) | -75%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2030 |
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) | -42%a | 2030 |
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) | -90%a | 2045 |
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As of 2025, 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
As of 2025, 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 2030, compared to a baseline of 134,171 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.a
As of 2025, Koninklijke Philips is ahead of schedule on its operational emissions reduction target, having achieved 94.86% of the planned reduction.a
As of 2025, 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 90% by 2045, compared to a baseline of 7,360,181 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
As of 2025, Koninklijke Philips is ahead of schedule on its value chain emissions reduction target, having achieved 49.17% of the planned reduction.a