Signify helps city of Davos in realizing its own Green Deal through LED upgrade

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, is helping the city of Davos in achieving its sustainability goals as it’s upgrading both Davos’ streetlights as the lighting of the city’s Congress Centre to high-quality energy-efficient LEDs. This week, Davos will host business and political leaders from around the world during the World Economic Forum.

To emphasize his vision, Rondolat during the World Economic Forum will participate in the ‘Stimulating Circular innovation’ panel and ‘Helping Cities Transition to the Digital Age’ session on Wednesday January 22. He will also act as a moderator in the CEO Climate Leader session and speak at the launch of the UN’s new SDG Ambition initiative during a launch luncheon with Secretary-General António Guterres on Thursday January 23.

“Our current economic model of take-make-waste is not sustainable. A switch to a circular economy is a key weapon in the fight against climate change,” Rondolat said. “It will allow us to extend the use of materials and avoid destroying resources – unlocking economic value.”

“Take for instance our recent launch of 3D printing of luminaires for professionals and consumers,” Rondolat added. “This technology consumes less energy in material extraction and manufacturing and has a 47% lower carbon footprint compared to a conventionally manufactured metal luminaire. And savings would even increase further if we print using recycled materials, like the luminaire made of 24 recycled CD’s.”

A switch to a circular economy will result in economic development, create jobs and result in greater welfare around the globe. The EU calculated net economic benefits at EUR 1.8 trillion by 2030, which translates into a GDP increase of as much as seven percentage points.

“Borrowing from Michael Braungart: circular economy is not about saving the planet, but about learning to thrive on it,” Rondolat said.