Energy efficiency is key for mitigating climate change, building a strong economy, reducing poverty, and improving public health. According to the International Energy Agency (IEA), two-thirds of the world’s total prime energy goes to waste. Reversing this trend requires a greater, worldwide emphasis on energy efficiency. With energy-efficient lighting and retrofits for residential and commercial buildings, businesses and individuals can enjoy lower heating and lighting bills.
Lighting represents just one area of improvement, but its impact can be dramatic. Moving to energy-efficient LED offers an affordable and convenient path to quickly achieving energy efficiency gains. When connected, managed, monitored, and controlled, LED lighting can reduce lighting-related energy consumption by 80% or more.
Investing in energy efficiency leads to positive economic outcomes, both directly and indirectly. Energy-efficiency investments create as many as 21 jobs for every €1 million invested—good local jobs, such as installing double- and triple-glazed windows, changing the lights in commercial and municipal buildings and on the city streets, installing and commissioning building management systems, and so on. Over the past ten years, Europe has imported €1 billion of fossil fuel per day, so the cost savings potential of transitioning away from dependence on fossil fuels is clearly enormous.
Climate change mitigation transcends political ideology and election cycles. It requires consistent, constant action by countries, cities, and citizens.
Head of External Communications - Signify
Tom Lodge
Tel: +31 6 52525416
Email: tom.lodge@signify.com
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.
News and updates from Signify can be found in the Newsroom, on LinkedIn and Instagram. Information for investors is located on the Investor Relations page.
