Koninklijke Philips NV

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Comprehensive Koninklijke Philips NV provides comprehensive insight into its climate-policy lobbying. It names a wide array of specific measures it engages on, including the “Energy Efficiency Directive (EED),” the “Energy Performance of Buildings Directive (EPBD),” the “EU 2030 climate and energy package,” the “Energy Union,” and the European Parliament’s “fit for 55” strategy, as well as work on “minimum energy-efficiency requirements.” The company also spells out the channels it uses: it holds “direct talks with EU institutions,” participates in “international/EU policy debates,” issues “position papers, infographics and studies,” and works through “trade associations, alliances, think tanks and research centers,” in addition to publicly reaching out to the European Parliament alongside other multinationals—clearly identifying both the mechanisms and the institutional targets of its lobbying. Finally, Philips sets out the concrete results it seeks, urging “ambitious renewable energy targets,” the elimination of barriers to corporate renewable purchasing, cross-border grid integration, and detailed implementation steps such as requiring Member States to apply a “savings test” to infrastructure funds and to “reinforce compliance with EU legislation and enforce implementation with regards to the Energy Performance of Buildings (EPBD) and the Energy Efficiency Directive (EED).” By detailing the policies addressed, the methods employed, and the specific outcomes pursued, Philips demonstrates a high level of transparency around its climate-related lobbying activities. 4
Lobbying Governance
Overall Assessment Comment Score
Limited Philips discloses broad ESG oversight but provides only minimal information that explicitly relates to the governance of policy-engagement or lobbying activities. The company states that it has “a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement” and answers this question with “Yes”, which signals an intention to align its advocacy with climate goals; however, the evidence gives no detail on how this commitment is operationalised, monitored, or enforced. The rest of the disclosures focus on general climate and ESG governance—e.g., “Governance is central to Philips’ climate resilience strategy” and “The Board of Management, including the Chief ESG & Legal Officer, is responsible for the design and management of our 2020-2025 ESG plan”—but they do not describe any specific mechanisms for reviewing lobbying positions, assessing trade-association alignment, or assigning responsibility for lobbying oversight. Because the company mentions a Paris-alignment commitment for its engagement activities but does not disclose processes, monitoring, or accountable bodies that specifically govern lobbying, this indicates only limited disclosure of lobbying-governance practices. 1