Koninklijke Philips NV 2020 AR2
The report highlights Royal Philips' performance and achievements in 2020, a year heavily impacted by the COVID-19 pandemic. The company demonstrated resilience by quadrupling its output of acute care equipment, including ventilators and patient monitors, to support frontline healthcare workers. Philips achieved carbon neutrality in its own operations and sourced 100% of its electricity from renewable sources. Additionally, the company generated 15% of its revenue from circular propositions and successfully closed the loop for all large medical equipment returned to it. Through its health and well-being solutions, Philips improved the lives of 1.75 billion people, including 207 million in underserved communities.
Company: Koninklijke Philips NV
Sector: Professional & technical services
Country: Netherlands
Year: 2020
Type: AR2
Pages: 276
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Koninklijke Philips NV
Annual Report
The report highlights Royal Philips' performance and achievements in 2020, a year heavily impacted by the COVID-19 pandemic. The company demonstrated resilience by quadrupling its output of acute care equipment, including ventilators and patient monitors, to support frontline healthcare workers. Philips achieved carbon neutrality in its own operations and sourced 100% of its electricity from renewable sources. Additionally, the company generated 15% of its revenue from circular propositions and successfully closed the loop for all large medical equipment returned to it. Through its health and well-being solutions, Philips improved the lives of 1.75 billion people, including 207 million in underserved communities.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees