Sustainability Resources

Explore our ESG policies, compliance standards and reports

This page provides an overview of resources that guide the company’s responsible and sustainable (ESG) business practices. These include policies that govern our actions in areas that we consider fundamental to our strategy and our operations, as well as compliance standards and methodologies, and reports and publications that offer insights into our social and environmental efforts

Tracking progress on improving lives

Guided by our purpose, we aim to improve 2.5 billion lives per year by 2030. To ensure we remain on track to achieve this goal, we use an externally audited methodology that measures how many lives have been improved by our products and solutions in a given year.

Lives improved

Policies

Policies

Our policies reflect our commitment to responsible and sustainable business practices. They guide how we operate and collaborate with partners and stakeholders worldwide

Philips Environmental Policy – Our approach to minimizing environmental impact across operations and products.

Occupational Health & Safety Policy – Ensuring a safe and healthy workplace for all employees.

Philips Diversity & Inclusion Policy – Building an inclusive culture that values every voice.

Philips Human Rights Policy – Respecting human rights in all aspects of our business.

Philips Fair Employment Policy – Promoting fair labor practices globally.
Compliance & governance

Compliance & governance

We work closely with suppliers and partners to ensure compliance with environmental and social standards. These resources outline our requirements and governance principles.

Regulated Substances List – Compliance guidelines for chemical management.

Philips Modern Slavery & Human Trafficking Statement FY2024 – Commitment to eradicating forced labor.

Chemicals Management – Managing substances responsibly throughout the product lifecycle.

Recycling | Philips – Driving circularity through recycling and responsible disposal
Methodologies & frameworks

Methodologies & frameworks

Transparency matters. These methodologies show how we measure progress toward our social and environmental ambitions, driving end-to-end accountability.

EPL Account and Material Flow - methodology – Environmental Profit & Loss account, expressing the total environmental impact of our activities and products in monetary terms.

Calculating Lives Improved – How we measure the positive impact of our solutions on people’s lives.

Scope 1 & 2 | Emission accounting methodology – How we calculate direct and indirect emissions.

Scope 3 | Category 1: Purchased goods and services emission accounting methodology – How we assess emissions in our supply chain.

Scope 3 | Category 6: Business travel emission accounting methodology – How we measure emissions from employee travel.

Scope 3 | Category 4 and 9: Transportation and distribution emission accounting methodology – How we track logistics-related emissions.

Scope 3 | Category 11: Use of sold products emission accounting methodology – Understanding emissions during product use.

Renewable energy methodology – Our approach to sourcing and reporting renewable energy
Reports & publications

Reports & publications

Sharing insights and progress to inspire action and build trust. Explore our reports and thought leadership papers.

Net Zero target validation statement – Science Based Targets initiative validation of climate targets.

Human Rights – How we safeguard human rights across our value chain.

Climate Resilience Report – Preparing for climate-related risks and opportunities.

GRI content index – Our disclosures aligned with global reporting standards.

Philips industrial sites – Overview of our manufacturing footprint.

Philips' GRI table for Biodiversity – Reporting on biodiversity impacts.

Sustainability Accounting Standards Board (SASB) – ESG disclosures for investors.

Assessment of Positive Contributions of Medical Devices – Evaluating health and sustainability benefits.

Green Public Procurement paper Europe – Supporting sustainable procurement practices.

TNFD recommendation – Addressing nature-related financial risks.

Science Based Targets initiative Certificate December 2022 – Validation of Scope 1 and 2 reduction targets.

Sustainability Resources

Explore our ESG policies, compliance standards and reports

Tracking progress on improving lives

Sustainability news and insights

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