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Sustainability

Leader in sustainability

Playing a key role in the transition to a low-carbon economy  

Recent achievements

 
  • In 2017, 77% of our revenues came from our portfolio of sustainable products, systems, and services
  • We delivered more than 1 billion LED lamps & luminaires in 2015-2017, avoiding more than 31,000 kilotonnes of CO2 (equivalent to 30 mid-sized coal-fired power plants)
  • In 2017, we reduced our own carbon footprint with 50% compared to 2007 and 75% of our electricity came from renewable sources
  • Through the Philips Lighting Foundation, we provided access to light to more than 800,000 people in rural areas with no access to electricity

Sustainability is central to the Signify strategy. It is the company purpose to unlock the extraordinary potential of light for brighter lives and a better world. Signify is focused on increasing the energy efficiency of its products and reducing energy use in production processes. Through its sustainable lighting and sustainable operations, Signify is addressing population growth, resource challenges, and digitalization.

 

Over the past 125 years, Signify pioneered many key breakthroughs in sustainable lighting, being a driving force behind several leading technological innovations, including LED. Today, approximately 15% of the world’s electricity is used for lighting. Through digital LED technology, Signify offers light that is up to 80% more energy efficient. With it, electricity usage for lighting is on track to decline to 8% by 2030. Through our leading position in the lighting industry, we believe we have an important role to play towards a low-carbon economy as the world transitions from conventional to LED lighting technology.

 

This transformation and our focus on sustainability make Signify shares particularly attractive for investors who incorporate environmental, social and governance (ESG) criteria into their investment decisions. The annual report has integrated information on our ESG performance. These disclosures are independently verified by Ernst & Young Accountants LLP at reasonable (highest) assurance level, making them especially suitable for primary data analysis.

External recognition in 2017

 

  • Industry Leader in RobecoSAM’s Dow Jones Sustainability Index
  • Climate change A-list in the Carbon Disclosure Project (CDP)
  • 7th on Corporate Knights ranking 

Please find our Sustainability presentation here

 

For more information, please refer to our Sustainability website

IR Starter-kit

 

Download here the starter-kit

Calendar

 

January 1, 2019

Start of the closed period

February 1, 2019

Fourth quarter and full year results 2018

 

Contact us

 

Contact Investor relations

+31 20 60 91 000

IR@signify.com

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