Koninklijke Philips N.V. is a Dutch multinational health technology company founded in 1891, headquartered in Amsterdam, Netherlands. Originally starting with light bulb production, it has transformed... Koninklijke Philips N.V. is a Dutch multinational health technology company founded in 1891, headquartered in Amsterdam, Netherlands. Originally starting with light bulb production, it has transformed into a leader in advancing healthcare through innovative solutions that span the health continuum from prevention and diagnosis to treatment and home care. The company operates through three main segments: Diagnosis & Treatment, featuring precision diagnostics and image-guided therapy like MRI, CT, and ultrasound scanners; Connected Care, encompassing patient monitoring, sleep and respiratory care, and health informatics; and Personal Health, offering products such as electric toothbrushes, shavers, and baby care items. With approximately 68,000 employees, operations in over 100 countries, and around 53,000 patents, Koninklijke Philips N.V. invests about 9-10% of its revenue—roughly €18 billion in 2024—into research and development. Its mission focuses on improving 2.5 billion lives annually by 2030, including underserved communities, solidifying its pivotal role in global medtech innovation and patient outcomes.
In 2025, Koninklijke Philips was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Koninklijke Philips has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Koninklijke Philips are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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4.1 CE - Provision of IT/OT data-driven solutions
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a
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0000000
5.2 CE - Sale of spare parts
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a
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5.5 CE - Product-as-a-service and other circular use- and result-oriented service models
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a
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Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Opex
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b
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c
0000000
Total Taxonomy Eligible Opex
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b
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c
0000000
4.1 CE - Provision of IT/OT data-driven solutions
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a
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0000000
5.2 CE - Sale of spare parts
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a
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0000000
5.5 CE - Product-as-a-service and other circular use- and result-oriented service models
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a
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Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings
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a
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4.1 CE - Provision of IT/OT data-driven solutions
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a
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5.2 CE - Sale of spare parts
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a
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Copy/Paste is a PRO feature.
0000000
5.5 CE - Product-as-a-service and other circular use- and result-oriented service models
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a
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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Limited Data Preview
You are viewing a limited preview of Koninklijke Philips’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind Koninklijke Philips’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Koninklijke Philips’s data sources below and access millions more through our Disclosure Search.
a. Koninklijke Philips's Annual Report 2025
b. Koninklijke Philips's Annual Report 2024
c. Koninklijke Philips's Annual Report 2023
d. Koninklijke Philips's Annual Report 2022
Insights into Koninklijke Philips's Revenues from Sustainable Activities
In 2025, Koninklijke Philips reported EU Taxonomy-eligible revenues of EUR 17.33 billion, representing 97.2% of its total turnover. Of this amount, EUR 4.41 billion of Koninklijke Philips's revenues was classified as EU Taxonomy-aligned, indicating that 24.7% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
How much of Koninklijke Philips's revenue is eligible under the EU Taxonomy?
In 2025, Koninklijke Philips reported that EUR 17.33 billion of its revenue was eligible under the EU Taxonomy, representing 97.2% of the company's total turnover. Of this amount, EUR 4.41 billion (24.7% of total revenue) was classified as Taxonomy-aligned. This means that 72.5% of Koninklijke Philips's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Koninklijke Philips's eligible revenue is aligned with the EU Taxonomy?
In 2025, Koninklijke Philips reported that EUR 4.41 billion of its revenue was aligned under the EU Taxonomy, representing 24.7% of its total turnover.a
This moderate level of alignment indicates that Koninklijke Philips has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Koninklijke Philips's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Koninklijke Philips's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2025, Koninklijke Philips reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Transition to a Circular Economy: 24.7%
How much revenue does Koninklijke Philips earn from selling climate-related solutions ?
In 2025, Koninklijke Philips reported that EUR 0 of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0% of the company's total revenue,indicating that Koninklijke Philipshas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Koninklijke Philips's CAPEX from Sustainable Activities
In 2025, Koninklijke Philips reported EU Taxonomy-eligible CAPEX of EUR 663.20 million,representing 69.3% of its total CAPEX. Of this amount, EUR 69.00 million of Koninklijke Philips's CAPEX was classified as EU Taxonomy-aligned, indicating that 7.2% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Koninklijke Philips's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Koninklijke Philips's increased its investment in sustainable activities over time?
Since 2022, Koninklijke Philips's taxonomy-aligned capital expenditure (CAPEX)increased by 620%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.a, d
Compared to the previous year (2024), Koninklijke Philips's taxonomy-aligned CAPEX increased by 2,300%,highlighting Koninklijke Philips's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Koninklijke Philips's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2025, Koninklijke Philips reported that EUR 663.20 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 69.3% of the company's total CAPEX. Of this amount, EUR 69.00 million (7.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 62.1% of Koninklijke Philips's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Koninklijke Philips's eligible CAPEX is aligned with the EU Taxonomy?
In 2025, Koninklijke Philips reported that EUR 69.00 million of its CAPEX was aligned under the EU Taxonomy, representing 7.2% of its total capital investment.a
This low alignment reflects that Koninklijke Philips is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Koninklijke Philips's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Koninklijke Philips's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2025, Koninklijke Philips reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.3%
Transition to a Circular Economy: 6.9%
How much Koninklijke Philips is investing in climate-related solutions?
In 2025, Koninklijke Philips allocated EUR 2.87 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.3% of the company's total capital expenditure,indicating that Koninklijke Philipshas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Koninklijke Philips's OPEX from Sustainable Activities
In 2025, Koninklijke Philips reported EU Taxonomy-eligible OPEX of EUR 1.69 billion,representing 78.7% of its total operating expenses (OPEX). Of this amount, EUR 291.00 million of Koninklijke Philips's OPEX was classified as EU Taxonomy-aligned, indicating that 13.6% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
How much of Koninklijke Philips's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2025, Koninklijke Philips reported that EUR 1.69 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 78.7% of the company's total OPEX. Of this amount, EUR 291.00 million (13.6% of total OPEX) was classified as Taxonomy-aligned. This means that 65.1% of Koninklijke Philips's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Koninklijke Philips's eligible OPEX is aligned with the EU Taxonomy?
In 2025, Koninklijke Philips reported that EUR 291.00 million of its OPEX was aligned under the EU Taxonomy, representing 13.6% of its total operational expenditure.a
This moderate level of alignment indicates that Koninklijke Philips is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Koninklijke Philips's Contribution to Environmental Objectives
Total Taxonomy Aligned Opex
How is Koninklijke Philips's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2025, Koninklijke Philips reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Transition to a Circular Economy: 13.6%
How much of Koninklijke Philips's operational budget supports climate-related solutions?
In 2025, Koninklijke Philips allocated EUR 0 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total OPEX,indicating that Koninklijke Philipshas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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