Koninklijke Philips NV 2024 Annual Report with Sustainability Disclosures
Company: Koninklijke Philips NV
Sector: Professional & technical services
Country: Netherlands
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 302
The report presents Philips' first ESRS-based sustainability statement within its 17th integrated financial and sustainability report. In 2024, the company improved 1.96 billion lives, including 242 million in medically underserved communities. It increased renewable energy in operations to 80%, exceeding its 2025 75% ambition, while reporting comprehensive Scope 1, 2, and selected Scope 3 emissions. Circular revenues reached 24.4%, and total waste generated was 20,157 tonnes with 94% circular materials management.
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