
Organization
Philips is rated Medium Risk because it has adopted several identity-based and activism-influenced policies, including discriminatory philanthropy and employment practices that score High Risk. While its direct political actions remain low, the combination of advocacy bias and funding tied to partisan causes pulls its overall corporate governance rating into the medium-risk category.
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Koninklijke Philips N.V., commonly known as Philips, is a Dutch multinational health technology company and former major consumer electronics manufacturer. The company was founded in Eindhoven in 1891 by Gerard Philips and his father Frederik Philips to manufacture incandescent light bulbs. In October 1997, Philips decided to move its corporate headquarters from Eindhoven to Amsterdam, with the relocation beginning the following year. The company's headquarters remain in Amsterdam. Philips was awarded the Dutch Royal designation by Queen Wilhelmina in 1916; Koninklijke became part of the company name in 1998.