Philips

InfluenceMap Score
B
Performance Band
84%
Organisation Score
54%
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 in 2020-21, primarily through business-led climate initiatives. Alongside top-line support for the Paris Agreement and a 1.5°C global warming target, 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 appears to have expressed positive top-line messaging on climate policy. In 2021, Philips stated support for a 1.5°C global warming target on its corporate website, and its CEO signed a joint letter supporting a carbon-neutral Europe by 2050. In further communications from 2020, Philips advocated for EU climate regulation and promoted a green recovery response to COVID-19. In 2021 the company stated support for the US re-joining the Paris Agreement, and its CEO signed a joint letter 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 limited, positive engagement with EU climate policy in 2020-21, primarily through co-signing numerous business-led climate letters to policymakers. In 2021, Philips’ CEO signed joint CEO Alliance letters that supported the EU’s Renovation Wave policy and a 3% annual EU renovation target, supported the extension of the EU ETS to mobility, transport, and buildings, and supported the EU’s 55% 2030 GHG emissions target. In 2020, Philips’ CEO also signed a joint letter advocating for a carbon price floor for the EU Emissions Trading System. Furthermore, Philips’ 2021 CDP response states support for the EU’s Clean Energy Package and for “ambitious renewable energy targets”, without advocating for a specific target level, and support for an ambitious EU Energy Efficiency Directive.

Positioning on Energy Transition: Philips appears to have limited, position engagement on the energy transition. In 2021, the CEO of Philips, Frans van Houten, signed joint CEO Alliance letters in June 2021 supporting at a global level to “eliminate fossil fuel subsidies and cut tariffs on climate-friendly goods” and “phase out coal”, and signed another July 2021 CEO Alliance letter promoting the electrification of European road transport. In 2020, the CEO of Philips signed a joint CEO Alliance letter supporting the wider transition to a low carbon economy, including the expansion of EV charging infrastructure.

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. Siemens 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 EU climate policy with mixed but increasingly positive engagement, and a partner company of Business Europe, which is negatively engaged with EU climate legislation.

QUERIES
DATA SOURCES
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0NS0NANANANS
Strength of Relationship
STRONG
 
 
 
 
 
 
 
WEAK
 
59%
 
59%
 
59%
 
59%
 
42%
 
42%
 
54%
 
54%

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.