At Philips, we are teaming up with our customers and suppliers to innovate solutions that improve people’s health and well-being while respecting the planet. For instance, by rethinking business models, driving the adoption of circular practices, and applying EcoDesign principles – including improved energy efficiency – to all our products.
We have been carbon-neutral in our day-to-day operations since 2020, and aim to source 75% of our energy from renewables by 2025. And now we are stepping up our efforts to scale our learnings with our supply partners, where the overall environmental impact can even be much greater.
We believe that, by working together with our partners across the value chain, we can reduce our joint carbon footprint, cutting CO2 emissions in line with a 1.5 °C global warming scenario.