Koninklijke Philips NV 2022 AR2
The report highlights Royal Philips' performance in 2022, a challenging year marked by supply chain constraints, inflation, and the Philips Respironics recall. Despite these difficulties, the company improved the lives of 1.81 billion people, including 202 million in underserved communities. In environmental sustainability, Philips achieved 18% circular revenues and had its updated carbon reduction targets approved by the Science Based Targets initiative (SBTi). Financially, the company recorded sales of EUR 17.8 billion, but experienced a net loss of EUR 1.6 billion due to operational challenges and goodwill impairments.
Company: Koninklijke Philips NV
Sector: Professional & technical services
Country: Netherlands
Year: 2022
Type: AR2
Pages: 300
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Koninklijke Philips NV
Annual Report
The report highlights Royal Philips' performance in 2022, a challenging year marked by supply chain constraints, inflation, and the Philips Respironics recall. Despite these difficulties, the company improved the lives of 1.81 billion people, including 202 million in underserved communities. In environmental sustainability, Philips achieved 18% circular revenues and had its updated carbon reduction targets approved by the Science Based Targets initiative (SBTi). Financially, the company recorded sales of EUR 17.8 billion, but experienced a net loss of EUR 1.6 billion due to operational challenges and goodwill impairments.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
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
Employees