Koninklijke Philips NV 2023 AR2
The report highlights Royal Philips' progress in 2023, delivering 6% comparable sales growth and improving its Adjusted EBITA margin to 10.6%. The company successfully shifted to a new, simplified operating model, reducing its workforce by approximately 8,000 roles to date. In terms of sustainability, Philips improved 1.88 billion lives, including 221 million in underserved communities, and achieved circular revenues of 20% of sales. Additionally, the company maintained carbon neutrality in its operations and was recognized on the CDP Climate Change 'A' List for the 11th consecutive year.
Company: Koninklijke Philips NV
Sector: Health Care
Country: Netherlands
Year: 2023
Type: AR2
Pages: 308
Koninklijke Philips NV
Annual Report
The report highlights Royal Philips' progress in 2023, delivering 6% comparable sales growth and improving its Adjusted EBITA margin to 10.6%. The company successfully shifted to a new, simplified operating model, reducing its workforce by approximately 8,000 roles to date. In terms of sustainability, Philips improved 1.88 billion lives, including 221 million in underserved communities, and achieved circular revenues of 20% of sales. Additionally, the company maintained carbon neutrality in its operations and was recognized on the CDP Climate Change 'A' List for the 11th consecutive year.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
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Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees