Philips Jewellery

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Sustainability Summary

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  • B Corp - No
  • Trustpilot - Not found
  • This is an unclaimed profile. Philips Jewellery has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
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Philips Jewellery Sustainability Profile

Philips Jewellery is not currently tracking sustainability.

Sustainability Summary

  • Good On You - Not found
  • Ethical Consumer - This information is locked, visit Ethical Consumer's website
  • B Corp - No
  • Trustpilot - Not found
  • This is an unclaimed profile. Philips Jewellery has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
Powered by Tracker AI BETA; there may be errors 
Philips presents sustainability as part of how it runs its business, not as a side project. Its main focus is health technology, but it also links that work to lower environmental impact, better access to care, stronger governance, and more transparent reporting. The company says it is working on climate action, circular economy design, supplier standards, human rights, and community health. It also reports progress on emissions, renewable energy, waste, and social impact. Independent recognition in the content includes CDP’s Climate Change A List and a top-three ranking in the Dow Jones Sustainability Indices for health technology companies.

Positive Sentiment Found
Public and third-party signals in the content are mostly positive. Philips is described as a top-three health technology company in the 2023 Dow Jones Sustainability Indices, and CDP, a global non-profit that rates climate disclosure and action, placed it on its Climate Change A List for the 11th year in a row. The company also says its ESG statements are independently audited at the highest reasonable assurance level, which means an outside auditor checks the data carefully. The content also points to recognition for supplier sustainability and to press coverage of its progress on emissions, renewable energy, circular revenue, and access-to-care projects. Overall, the third-party picture is one of a company that is widely seen as active and relatively strong on ESG reporting and climate management.

Philips Jewellery Sustainability Actions

Reported 2023 ESG progress

Philips said it improved the health and well-being of 1.88 billion people in 2023 through its products and services, including 221 million people in underserved communities. It also said circular revenues reached 20% of sales, meaning a larger share of sales came from products or services designed to be reused, repaired, or kept in use longer. The company reported 78% renewable electricity use, zero waste to landfill at all 23 industrial sites, and stronger reporting on Scope 1-3 emissions, which cover direct emissions, purchased energy, and emissions across the value chain.

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Expanded low-carbon healthcare work

Philips described several projects aimed at lowering the climate impact of healthcare. These included energy-efficient MRI scanners with helium-free operation, a radiology command center that can reduce staff travel, and partnerships to cut the carbon footprint of imaging services. It also said it was developing AI-powered ultrasound for maternal care in rural Kenya and mobile CT trucks for underserved communities in Australia and North America. These examples show the company linking access to care with lower-impact healthcare delivery.

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Improved reporting and transparency

Philips said it has strengthened its sustainability reporting by adding enhanced Scope 1-3 emissions data to its annual report and publishing country-by-country activity and tax reports. It also said its ESG statements are independently audited at the highest reasonable assurance level. In plain terms, that means an outside auditor checks the reported data and gives a high level of confidence in it. The company also said it publishes a human rights report each year and uses stakeholder feedback in its planning.

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Set up ESG governance structures

Philips said it uses a formal governance structure for sustainability. This includes oversight from the Board of Directors, an Executive Leadership Team, a Sustainability Executive Steering Committee, and working groups that handle topics such as decarbonization, methane management, and lobbying disclosures. The company says this setup helps it manage sustainability risks, track progress, and keep responsibility clear across the business.

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Worked on supplier sustainability

Philips said it works with suppliers to reduce environmental impact and improve social performance across its supply chain, which is the full path from raw materials to finished products. In 2023, it said 46% of its purchases by spend came from suppliers that had committed to science-based targets, meaning emissions goals based on climate science. The company also said it aims to raise that share further and uses a systematic, transparent approach with suppliers.

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Philips Jewellery Sustainability Commitments

2025

Improve 2 billion lives yearly

Philips said it aims to improve the lives of 2 billion people per year by 2025 through its health technology products and services. It also said it wants to include 400 million people in underserved communities in that total. This is a social impact target tied to access to care and health outcomes.

2025

Raise supplier science-based targets

Philips said it wants 50% of its purchases by spend to come from suppliers that have committed to science-based targets by 2025. Science-based targets are emissions goals that follow climate science rather than guesswork. The company said it had reached 46% in 2023, so this target is still in progress.

2025

Reach 95% waste circularity

Philips said it aims to reach 95% circularity in its waste stream by 2025. In simple terms, that means it wants most waste to be reused, recycled, or recovered instead of thrown away. The company reported 91% in 2023, so it was close but not yet at the target.

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Sustainable Development Goals

Philips Jewellery is committed to advancing these Global Goals to promote prosperity for people & planet.

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Frequently Asked Questions

Has Philips published a sustainability report?

Confidence: High. As of July 2026, Philips has published sustainability reporting and related ESG disclosures. The content mentions an annual report with ESG statements, a Human Rights Report, a Country Activity and Tax Report, and a Sustainability and People Highlights Report. It also says the ESG statements in the annual report are independently audited at the highest reasonable assurance level, which means an outside auditor checks the data carefully. Consumers can review the company’s sustainability and ESG pages for the latest reports.. Sources: Philips sustainability, Philips ESG, Philips ESG blog - https://www.philips.com/a-w/about/sustainability.html, https://www.philips.co.uk/a-w/about/environmental-social-governance.html, https://www.philips.com/a-w/about/news/archive/blogs/innovation-matters/2023/20230719-transparency-is-our-guide-in-an-evolving-esg-landscape.html

What is Philips' sustainability rating?

Confidence: Moderate. As of July 2026, Philips has a positive independent climate and sustainability profile in the material provided, but not one single all-purpose public score. CDP, a non-profit that rates climate disclosure and action, placed Philips on its Climate Change A List for the 11th year in a row. The company was also described as one of the top three health technology companies in the 2023 Dow Jones Sustainability Indices. No Good On You or Trustpilot rating is shown in the provided material.. Sources: Philips press release, Philips sustainability - https://www.philips.com/a-w/about/news/archive/standard/news/press/2024/philips-delivers-strong-esg-performance-in-2023.html, https://www.philips.com/a-w/about/sustainability.html

What sustainability certifications does Philips have?

Confidence: High. As of July 2026, Philips says its ESG statements are independently audited at the highest reasonable assurance level, which means an outside auditor checks the reported data closely. The content also says Philips signed the UN Global Compact in 2007, a voluntary framework based on ten principles for human rights, labour, the environment, and anti-corruption. It also reports CDP Climate Change A List recognition and a top-three ranking in the Dow Jones Sustainability Indices, though those are ratings rather than certifications.. Sources: Philips ESG blog, Philips press release - https://www.philips.com/a-w/about/news/archive/blogs/innovation-matters/2023/20230719-transparency-is-our-guide-in-an-evolving-esg-landscape.html, https://www.philips.com/a-w/about/news/archive/standard/news/press/2024/philips-delivers-strong-esg-performance-in-2023.html

What is Philips' carbon footprint?

Confidence: Moderate. As of July 2026, Philips has disclosed several climate-related figures, but not one single total carbon footprint figure in the material provided. It said it remained carbon-neutral in its operations in 2023 and added enhanced Scope 1-3 emissions reporting, which covers direct emissions, purchased energy, and emissions across the value chain. It also said 78% of its electricity came from renewable sources in 2023 and that it is working toward lower-carbon healthcare and supplier emissions targets.. Sources: Philips press release, Philips sustainability - https://www.philips.com/a-w/about/news/archive/standard/news/press/2024/philips-delivers-strong-esg-performance-in-2023.html, https://www.philips.com/a-w/about/sustainability.html

Is Philips packaging sustainable?

Confidence: Low. As of July 2026, the provided material does not give detailed public information about Philips packaging. It does say the company is working on circular economy principles, EcoDesign, and waste reduction, which can affect packaging choices, but it does not explain packaging materials, recyclability, or reuse in detail. Consumers who want packaging-specific information would need to check product pages or ask Philips directly for the latest product-level data.. Sources: Philips sustainability, Philips ESG - https://www.philips.com/a-w/about/sustainability.html, https://www.philips.co.uk/a-w/about/environmental-social-governance.html

Is Philips ethical in its supply chain and workers?

Confidence: Moderate. As of July 2026, Philips says it uses a transparent approach to supplier sustainability and social performance, and it reported that 46% of its purchases by spend came from suppliers with science-based targets in 2023. It also says it has governance structures, human rights reporting, and a focus on inclusion and gender diversity. However, the material provided does not include an independent labour audit of the full supply chain, so the picture is positive but not complete.. Sources: Philips press release, Philips ESG blog, Philips sustainability - https://www.philips.com/a-w/about/news/archive/standard/news/press/2024/philips-delivers-strong-esg-performance-in-2023.html, https://www.philips.com/a-w/about/news/archive/blogs/innovation-matters/2023/20230719-transparency-is-our-guide-in-an-evolving-esg-landscape.html, https://www.philips.com/a-w/about/sustainability.html

What is Philips doing about sustainability?

Confidence: High. As of July 2026, Philips says it is working on climate action, circular design, access to care, supplier standards, and stronger reporting. It reported 78% renewable electricity use, zero waste to landfill at all 23 industrial sites, and 20% circular revenues in 2023. It also highlighted projects such as energy-efficient MRI scanners, AI-enabled ultrasound for maternal care, and partnerships to cut the carbon footprint of imaging. These actions show a mix of environmental and social work.. Sources: Philips press release, Philips sustainability, Philips ESG - https://www.philips.com/a-w/about/news/archive/standard/news/press/2024/philips-delivers-strong-esg-performance-in-2023.html, https://www.philips.com/a-w/about/sustainability.html, https://www.philips.co.uk/a-w/about/environmental-social-governance.html