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Koninklijke Philips NV

Common Name
Koninklijke Philips
Country
Netherlands
Sector
Healthcare
Industry
Medical Devices
Employees
67,035
Ticker
PHIA
Exchange
EURONEXT
Description
Koninklijke Philips N.V. is a diversified technology corporation with a core focus on health technology, offering solutions that span various facets of healthcare. The company's primary aim is to impr...

Koninklijke Philips's GHG Emissions Data Preview

In 2024, Koninklijke Philips completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Koninklijke Philips has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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a
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b
0000000
Total Scope 3
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a
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
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b
0000000
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Verified Sources Behind Koninklijke Philips’s Greenhouse Gas (GHG) Emissions 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 2024
a. Koninklijke Philips's Annual Report 2024
b. Koninklijke Philips's Annual Report 2023
b. Koninklijke Philips's Annual Report 2023
c. Koninklijke Philips's Annual Report 2022
c. Koninklijke Philips's Annual Report 2022

Insights into Koninklijke Philips's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofKoninklijke Philips amounted to175,393metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Koninklijke Philipsincreased by 5.81%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Koninklijke Philips's Scope 1 Emissions Over Time

20192020202120222023202408 k16 k24 k32 ktCO2e-6%-10%-17%-12%-10%
  • Total Scope 1
  • Year-over-Year Change

What are Koninklijke Philips's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Koninklijke Philips were 17,783 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Koninklijke Philips reduced its Scope 1 emissions over time?

Since 2019, Koninklijke Philips's Scope 1 emissions have decreased by 44.43%, reflecting a declining long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Koninklijke Philips's Scope 1 emissions decreased by 10.44%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Koninklijke Philips's Scope 2 emissions?

In 2024, Koninklijke Philips reported Scope 2 greenhouse gas (GHG) emissions of 2,179 tCOâ‚‚e using the market-based method and 157,610 tCOâ‚‚e using the location-based method.a

Has Koninklijke Philips reduced its Scope 2 emissions over time?

Since 2019, Koninklijke Philips's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 19.59%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), Koninklijke Philips's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Koninklijke Philips's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Koninklijke Philips use for Scope 2 reporting?

In 2024, Koninklijke Philips reported its Scope 2 emissions using the market-based method and using the location-based method.a

Koninklijke Philips's Scope 2 Emissions Over Time

201920202021202220232024050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Koninklijke Philips's Value Chain Emissions

In 2024, Koninklijke Philips reported 4,378,443 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Koninklijke Philips includes a breakdown across 5of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Koninklijke Philips's Scope 3 Emissions Over Time

20192020202120222023202401.5 M3 M4.5 M6 MtCO2e-22%+1%+782%+15%-12%
  • Total Scope 3
  • Year-over-Year Change

What are Koninklijke Philips's Scope 3 emissions?

In 2024, Koninklijke Philips reported total Scope 3 emissions of 4,378,443 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 42.25%of these emissions originated from upstream activities such as purchased goods and capital goods, while 57.75%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Koninklijke Philips reduced its Scope 3 emissions over time?

Since 2019, Koninklijke Philips's Scope 3 emissionshave increased by 603.93%, reflecting a rising long-term trend in Scope 3 emissions over time.ac

Compared to the previous year (2023), Koninklijke Philips's Scope 3 emissions decreased by 11.96%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Koninklijke Philips disclose?

In 2024, Koninklijke Philips reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Koninklijke Philips's Scope 3 emissions?

In 2024, the largest contributors to Koninklijke Philips's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 2,528,611 tCOâ‚‚e(57.75%)
  • Purchased Goods and Services (Cat. 1): 1,396,321 tCOâ‚‚e(31.89%)
  • Upstream Transportation and Distribution (Cat. 4): 228,409 tCOâ‚‚e(5.22%)

Koninklijke Philips's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(57.8%)UpstreamTransportation andDistribution(Cat. 4)(5.2%)Purchased Goods andServices (Cat. 1)(31.9%)

Insights into Koninklijke Philips’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Koninklijke Philips reported Scope 1 greenhouse gas (GHG) emissions of 17,783 tCOâ‚‚e and total revenues of USD 18,753 millions. This translates into an emissions intensity of 0.95 tCOâ‚‚e per millions USD.a

Koninklijke Philips's Scope 1 Emissions Intensity Compared to Peers

102002,00050,000500,000Scope 1 Emissions (tCO2e)202001,00010,000100,000Revenues (Millions of USD)IEIInsuletYear: 2024Scope 1: 1,383 tCO2eRevenue: $M 2,072Scope 1 Intensity: 0.67 tCO2e/$MSonova HoldingYear: 2025Scope 1: 10,178 tCO2eRevenue: $M 4,370Scope 1 Intensity: 2.33 tCO2e/$MSmith & NephewYear: 2024Scope 1: 12,794 tCO2eRevenue: $M 4,290Scope 1 Intensity: 2.98 tCO2e/$MEl EnYear: 2024Scope 1: 2,131 tCO2eRevenue: $M 589Scope 1 Intensity: 3.62 tCO2e/$MSTERISYear: 2024Scope 1: 57,543 tCO2eRevenue: $M 5,139Scope 1 Intensity: 11.20 tCO2e/$MStrykerYear: 2023Scope 1: 54,854 tCO2eRevenue: $M 20,498Scope 1 Intensity: 2.68 tCO2e/$MLivaNovaYear: 2024Scope 1: 14,173 tCO2eRevenue: $M 1,253Scope 1 Intensity: 11.31 tCO2e/$MMedtronicYear: 2025Scope 1: 174,000 tCO2eRevenue: $M 33,537Scope 1 Intensity: 5.19 tCO2e/$MIIInspiration Healthcare GroupYear: 2024Scope 1: 35 tCO2eRevenue: $M 48Scope 1 Intensity: 0.74 tCO2e/$MCochlearYear: 2025Scope 1: 951 tCO2eRevenue: $M 1,542Scope 1 Intensity: 0.62 tCO2e/$MEEEmbla MedicalYear: 2024Scope 1: 2,290 tCO2eRevenue: $M 5,437Scope 1 Intensity: 0.42 tCO2e/$MMGI TechYear: 2023Scope 1: 18 tCO2eRevenue: $M 409Scope 1 Intensity: 0.04 tCO2e/$MOlympusYear: 2025Scope 1: 24,120 tCO2eRevenue: $M 6,650Scope 1 Intensity: 3.63 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MAvanos MedicalYear: 2023Scope 1: 1,787 tCO2eRevenue: $M 673Scope 1 Intensity: 2.65 tCO2e/$MYuwellYear: 2023Scope 1: 2,201 tCO2eRevenue: $M 1,122Scope 1 Intensity: 1.96 tCO2e/$MGetingeYear: 2024Scope 1: 12,710 tCO2eRevenue: $M 3,154Scope 1 Intensity: 4.03 tCO2e/$MIIIntegra Lifesciences HoldingsYear: 2024Scope 1: 14,555 tCO2eRevenue: $M 1,611Scope 1 Intensity: 9.04 tCO2e/$MDexcomYear: 2024Scope 1: 8,328 tCO2eRevenue: $M 4,033Scope 1 Intensity: 2.07 tCO2e/$MBoston ScientificYear: 2024Scope 1: 87,567 tCO2eRevenue: $M 16,747Scope 1 Intensity: 5.23 tCO2e/$MQuidelOrthoYear: 2023Scope 1: 22,544 tCO2eRevenue: $M 2,998Scope 1 Intensity: 7.52 tCO2e/$MGN Store NordYear: 2024Scope 1: 2,748 tCO2eRevenue: $M 2,506Scope 1 Intensity: 1.10 tCO2e/$MKoninklijke PhilipsYear: 2024Scope 1: 17,783 tCO2eRevenue: $M 18,753Scope 1 Intensity: 0.95 tCO2e/$M

How does Koninklijke Philips's GHG emissions intensity compare to its peers?

In 2024, Koninklijke Philips reported a Scope 1 emissions intensity of 0.95 tCOâ‚‚e per millions USD. Compared to the peer group median of 2.66, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Koninklijke Philips rank on GHG emissions intensity within its industry?

In 2024, Koninklijke Philips ranked 6 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Koninklijke Philips is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Koninklijke Philips's Total Carbon Footprint

In 2024, Koninklijke Philips reported a total carbon footprint of 4,553,836 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.39% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Koninklijke Philips's total carbon footprint was Scope 3 emissions, accounting for 96.15% of the company's total carbon footprint, followed by Scope 2 emissions at 3.46%.a

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