Our purpose
We will be the best place to work for people who share our passion, promoting personal development, inclusion and diversity.
Together we will deliver superior, long-term value to our customers and shareholders, while acting responsibly towards our planet and society, in partnership with our stakeholders.
Our Impact Ambitions
Our 2030 Impact Ambitions mark a step-up from our previous 2025 Environmental, Social and Governance (ESG) goals. They are integral to our global company strategy and our vision to deliver better care for more people, supporting sustainable long-term value creation for people, patients, customers, and the planet. They include ambitious goals and detailed plans of action.
Improve health and well-being
We aim to improve lives, including in medically underserved communities. We aspire to be the best place to work, living our culture of impact with care, and improve working conditions in the supply chain.
• Achieve engagement levels that reflect a high-performing team
• We remain committed to our stated ambition to improve the lives of 2.5 billion people per year, including 400 million lives in medically underserved communities.
• We aim to improve working conditions in our supply chain for 1.5 million workers, including tier-2 suppliers.
• We aspire to be the best place to work, living our culture of impact with care, with inclusion and belonging scores at benchmark levels. We aspire to:
• Support the safety, health, well-being, and growth of all employees
• Uphold fair and transparent pay practices
• Foster an inclusive environment where our workforce reflects those we serve and can thrive, contributing to sustainable value creation for all stakeholders
Reduce impact on the environment
We aim to operate within planetary boundaries, with absolute environmental impact reduction targets across the value chain, aligned with international science-based frameworks, towards achieving net-zero emissions by 2045.
By 2030 we aim to:
• Climate: Remain carbon neutral in our operations. Further reduce our greenhouse gas emissions in our operations (Scope 1-2) by 90% [1] and reduce our indirect greenhouse gas emissions (Scope 3) across our value chain by 42% [2].
• Materials: Reduce the use of virgin non-renewable materials and make more materials available for re-use [3].
• Nature: Reduce our pressure on nature at Philips manufacturing sites. Restore land equal to 30% of our total manufacturing land footprint and reduce water withdrawal in water-stressed areas. Over the next years, nature ambitions will be extended along our value chain.
1. compared to baseline 2015
2. compared to baseline 2020
3. compared to baseline 2024
Governance and enablers
• We embed our Impact Ambitions in design, business models, AI, operations and our approach to customers and suppliers.
Our governance framework is aimed at creating long-term value for our stakeholders in compliance with sustainability regulations.
• We deliver critical projects for ESG and apply EcoDesign in our innovation process and new product introductions.
