February 24, 2026
The past five years have been marked by disruption and transformation. From a global pandemic to major shifts in the geopolitical landscape, supply chain volatility, and the growing impact of climate change, the 2020s are testing the resilience of people and the businesses that serve them. Throughout this period, lighting has continued to play a vital role - providing safe, efficient, and sustainable illumination for homes, communities, and workplaces.
We reduced the carbon footprint of our value chain by 60%, outperforming the 40% reduction required by the 1.5 °C scenario of the Paris Agreement. Since we set our 2025 target, the likelihood of the world limiting warming to 1.5 °C has diminished, while evidence of the risks beyond that threshold has continued to grow.
We did not wait for the end of the program to aim higher. In 2024, we set a net-zero target for 2040 as part of our Climate Transition Plan, and we are progressing toward it. We will continue to align with science, not with minimum compliance.
We reached 37% Circular revenues, demonstrating that circularity is not a future ideal but a viable business reality today. 35% of our revenues contributed to Brighter lives outcomes. That includes safer cities, workplaces that support well-being, and more efficient food production.
Revenue-linked targets serve two purposes. They anchor growth in our purpose, aligning commercial performance with the impact we want to deliver. And they challenge us to outperform on value, ensuring our sustainable solutions win and scale because they are better at solving real customer needs.
We did not reach our target of 34% women in leadership, ending at 27%. When we set this goal in 2019, women held 17% of leadership roles at Signify. We fell short of our ambition, but we achieved meaningful structural progress.
The path to equitable representation requires sustained effort and systemic change. I believe that the initiatives we are taking are the right ones, and we will continue to create more accessible paths for talented women to rise through our organization. We are committed to accelerating that progress.
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers. We proudly bring to market the world’s best lighting brands, from Signify, Philips, Philips Hue, Signify Interact, Philips Dynalite, Color Kinetics and many more. Our advanced products, connected systems and services unlock the extraordinary potential of light for brighter lives and a better world. In 2025, we had sales of EUR 5.8 billion, approximately 27,000 employees, and a presence in over 70 markets. We are in the Dow Jones Sustainability World Index and hold the EcoVadis Platinum rating.
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