Koninklijke Philips NV 2023 Annual Report with Sustainability Disclosures
Company: Koninklijke Philips NV
Sector: Professional & technical services
Country: Netherlands
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 308
The report describes 2023 as a year of progress built around patient safety, quality, supply-chain reliability and a simplified operating model. The company improved 1.88 billion lives, including 221 million in underserved communities, while reporting Group sales of EUR 18.2 billion. It reports a net operational carbon footprint of 418 kilotonnes, matched by 418 kilotonnes of compensated emissions, alongside 20.0% circular revenues. Year-end Group employment was 69,656 FTEs, following significant workforce restructuring.
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