Annual Report

The report presents Philips' 2021 progress as a health technology company, including 1.67 billion lives improved and 167 million people reached in underserved communities. It reports a zero net operational carbon footprint, 74% renewable energy share and continued work to reduce value-chain emissions. The company also reports 78,189 year-end employees, expanded ESG governance and a comprehensive sustainability disclosure framework. EY provided reasonable assurance over the defined sustainability information.