Philips Commits to Becoming Carbon Neutral by 2020 at COP21

February 19, 2016

On COP21’s Energy Day (December 7, 2015), Philips pledged to play its part in reducing greenhouse gas emissions by cutting its own carbon footprint to zero by 2020. Since 2007, company has reduced its carbon footprint by 40 percent, and now aims to accelerate its emissions reductions and achieve carbon neutrality in the next five years. Philips plans to meet the goal through a multi-pronged approach aimed at driving down energy consumption in own operations by reducing energy use, logistics and business travel.

Philips is active in promoting efficient lighting through technology innovation and partnerships like the en.lighten initiative, which has been a foundational cornerstone of the Global Energy Efficiency Accelerator Platform, and the Global Lighting Challenge. The company has already moved towards its carbon neutral goal through its membership in the RE100 program, a collaborative initiative of influential businesses committed to 100 percent renewable electricity. So far, Philips has increased its use of renewable energy from eight percent in 2008 to 55 percent in 2014.