Koninklijke Philips NV 2019 SR
The report highlights Philips' transformation into a health technology leader, focusing on the Quadruple Aim of better health outcomes and lower costs. In 2019, the company improved the lives of 1.64 billion people, including 194 million in underserved communities, while achieving 4.5% comparable sales growth. Significant progress was made toward carbon neutrality, with 95% of electricity sourced from renewables and a 10% reduction in the operational carbon footprint. The company also issued its first Green Innovation Bond and received approval from the Science Based Targets initiative for its emission reduction targets.
Company: Koninklijke Philips NV
Sector: Professional & technical services
Country: Netherlands
Year: 2019
Type: SR
Pages: 72
Koninklijke Philips NV
The report highlights Philips' transformation into a health technology leader, focusing on the Quadruple Aim of better health outcomes and lower costs. In 2019, the company improved the lives of 1.64 billion people, including 194 million in underserved communities, while achieving 4.5% comparable sales growth. Significant progress was made toward carbon neutrality, with 95% of electricity sourced from renewables and a 10% reduction in the operational carbon footprint. The company also issued its first Green Innovation Bond and received approval from the Science Based Targets initiative for its emission reduction targets.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Feb 25, 2020
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women in Management
Net Zero Target
Employees