Philips

InfluenceMap Score
B
Performance Band
82%
Organisation Score
53%
Relationship Score
Sector:
Information Technology
Head​quarters:
Amsterdam, Netherlands
Brands and Associated Companies:
Koninklijke Philips NV
Official Web Site:
Wikipedia:

Climate Lobbying Overview: Philips appears to have limited, positive engagement with EU climate change policy between 2020 and 2022. Alongside top-line support for the UN Paris Agreement and the ambition to limit global warming to 1.5°C, Philips appears to have supported ambitious GHG emissions targets, energy efficiency targets, and renewable energy legislation in the EU.

Top-line Messaging on Climate Policy: Philips seems to strongly support action on climate change in its top-line messaging. In July 2021, Frans van Houten, CEO of Philips, signed a joint letter supporting a carbon-neutral Europe by 2050. In a news article, published in May 2020, Philips promoted a green recovery response to COVID-19. Philips advocated for EU climate regulation on its corporate website in February 2021, however, the company has not engaged on the need for climate regulation since. In January 2021 the company stated support for the US re-joining the Paris Agreement in a press release. CEO, Frans van Houten signed a joint letter in June 2021 urging governments to publish “1.5C-aligned Nationally Determined Contributions that halve emissions by 2030” and “commit to net-zero by 2050” at COP26.

Engagement with Climate-Related Regulations: Philips has positive, albeit limited, engagement with EU climate policy between 2020 and 2022, primarily through co-signing numerous business-led climate letters to policymakers. In 2020-21, the CEO Frans van Houten signed several joint CEO Alliance letters advocating to policymakers to increase the ambition of several policies, including the EU’s Renovation Wave policy and an ambitious 3% annual EU renovation target. The July 2021 letter also supported the extension of the EU Emissions Trading System (EU ETS) to the mobility, transport, and buildings sectors. In November 2020, Philips’ CEO also signed a joint letter advocating for a carbon price floor to be legislated within the EU ETS. A June 2021 letter to policymakers, signed by the CEO, supported the EU’s 55% 2030 GHG emissions target and advocated for interim emissions targets in line with limiting warming to 1.5°C. Philips’ 2021 CDP Disclosure stated support for the EU’s Clean Energy Package and for “ambitious renewable energy targets”, without advocating for a specific target level. The 2021 CDP Disclosure also supported an ambitious EU Energy Efficiency Directive.

Positioning on Energy Transition: Philips appears to have supportive yet limited engagement on the energy transition. In June 2021, the CEO signed a joint letter advocating for policymakers, at a global level, to “eliminate fossil fuel subsidies and cut tariffs on climate-friendly goods” and “phase out coal”. In July 2021 he signed another joint letter promoting the electrification of European road transport.

Industry Association Governance: Philips has publicly disclosed information on its memberships to industry associations on a dedicated webpage, without providing further details on the company’s role within each association or its influence over their climate positions. The company has not published a review of its alignment with its industry associations. Philips is a member of the European Roundtable for Industry, which is lobbying on EU climate policy with mixed but increasingly positive engagement, and is a partner company of Business Europe, which is negatively engaged with EU climate legislation.

InfluenceMap collects and assesses evidence of corporate climate policy engagement on a weekly basis, depending on the availability of information from each specific data source (for more information see our methodology). While this analysis flows through to the company’s scores each week, the summary above is updated periodically. This summary was last updated in Q3 2022.

QUERIES
DATA SOURCES
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Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
57%
 
57%
 
42%
 
42%
 
61%
 
61%
 
64%
 
64%
 
35%
 
35%

How to Read our Relationship Score Map

In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.