Koninklijke Philips NV 2024 AR2

The report highlights Royal Philips' solid progress in the second year of its 2023-2025 operating plan, delivering EUR 18.0 billion in sales with a 1% comparable sales growth. The company achieved significant milestones in resolving the Respironics recall litigation in the US and signed a consent decree. In sustainability, Philips improved the lives of 1.96 billion people, including 242 million in underserved communities, and increased its circular revenues to 24% of sales. Additionally, the company maintained carbon neutrality in its operations and achieved 100% EcoDesigned new product introductions.

Company: Koninklijke Philips NV

Sector: Health Care

Country: Netherlands

Year: 2024

Type: AR2

Pages: 302

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Koninklijke Philips NV

Koninklijke Philips NV 2024 Annual Report

Annual Report

The report highlights Royal Philips' solid progress in the second year of its 2023-2025 operating plan, delivering EUR 18.0 billion in sales with a 1% comparable sales growth. The company achieved significant milestones in resolving the Respironics recall litigation in the US and signed a consent decree. In sustainability, Philips improved the lives of 1.96 billion people, including 242 million in underserved communities, and increased its circular revenues to 24% of sales. Additionally, the company maintained carbon neutrality in its operations and achieved 100% EcoDesigned new product introductions.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Published

Feb 21, 2025

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:

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Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees