Philips on track to becoming carbon-neutral in its own operations by 2020

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Philips reported further progress in its sustainability performance in 2018 with a significant reduction of its carbon footprint by 10% compared to 2017, driven by a 53% decrease in total CO2 emissions. At the UN Climate Change Conference COP21 in 2015, Philips pledged to play its part in fighting climate change. The company committed to becoming fully carbon neutral in its own operations, and to sourcing all its electricity usage from 100% renewable sources by 2020. Delivering on that commitment, in 2018 the company increased its global renewable electricity share to 90% from 79% in 2017. All Philips’ US operations were powered by renewable electricity from the Los Mirasoles windfarm in 2018. In addition, the Krammer and Bouwdokken windfarms in the Dutch province of Zeeland, with whom the company closed long-term contracts through its renewable electricity purchasing consortium with AkzoNobel, DSM and Google, have started powering all Philips’ operations in the Netherlands. Combined with the Los Mirasoles windfarm this covers more than half of the company’s total electricity demand. Aligned with the United Nations Development Goals, Philips’ “Healthy people, Sustainable planetprogram involves three focal areas: access to care for the underserved, sustainable use of materials (circular economy and eco-design) and sustainable use of energy (energy and emission reduction and renewable energy).

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