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    Nearing a carbon-neutral milestone.

    This Dutch multinational, which is increasingly focused on healthcare products, has been a leader for years in green financing and environmental reporting. Now, the company has been making strides in reducing its own energy use—it aims to be carbon-neutral in 2020, and relies on wind energy in both the U.S. and the Netherlands—and the energy use of its products, from more efficient MRI systems in hospitals to the batteries in rechargeable electric toothbrushes. Meanwhile, it has been a leader in the “circular economy,” pushing to cut its waste to zero by taking back large medical equipment, to reuse and refurbish components. 

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    Company Information

    Country
    Netherlands
    Headquarters
    Amsterdam
    Impact Segment
    Environmental Impact
    Sector
    Healthcare
    Industry
    Medical Products and Equipment
    CEO
    Frans van Houten
    Websitehttp://www.philips.com
    Company Type
    Public
    Ticker
    PHG
    Prior Year Rank-
    Revenues ($M) (Last Fiscal Year)$21,386
    Profits ($M) (Last Fiscal Year)$1,286
    Market Value ($M) as of 8/12/19$41,551
    Employees77,400

    Refinitiv Sustainable Leadership Monitor