Philips
Risk Level:
Summary:
Philips is a Dutch conglomerate focused on healthcare technology. Philips is involved in the American market through several smaller subsidiaries, including Philips Electronics North America, Philips Healthcare, and formerly Philips Lighting, which was spun out as Signify in 2016. Philips provides viewpoint protections, and the company has not terminated business relationships due to ideological differences. However, Philips has pledged to vet vendors for LGBTQ+ policy. Philips has pledged to abide by the Paris Agreement, as required by its home country, the Netherlands. Philips has not funded ideological groups hostile to freedom of expression and does not discriminate against religious organizations in its charitable giving or use its PAC for ideological purposes. For these reasons, Philips receives a Lower Risk rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
Philips received a score of 100 on the Corporate Equality Index from the Human Rights Campaign. Among other requirements, this means the company has pledged to vet vendors based on LGBTQ policies (1). However, Philips has not terminated business relationships due to ideological beliefs.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Philips USA does not have a specific policy discriminating against religious organizations in its charitable giving (1).
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
Philips provides viewpoint protections for employees (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
Philips includes Pride North America as a charity partner, though involvement seems to be limited to employee volunteering (1). The company has pledged to abide by the goals of the Paris Climate Agreement, though the Netherlands, where the company is headquartered, is a signatory to the agreement and requires companies to abide by specific climate metrics and audits (2)(3). Feike Sybesma, Chairman of the Supervisory Board at Philips, is a member of the the CEO Action Group for a European Green New Deal (4).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Uses corporate political contributions for ideological, non-business purposes.
The Philips Electronics North America PAC has donated in a bipartisan manner consistent with business interests (1).
All links were last accessed and all information was updated on:
March 30, 2023
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