Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has confirmed its leadership in sustainability as it improved its score in the 2021 S&P Global Corporate Sustainability Assessment to 87 (out of 100)1 from 86 (out of 100) one year ago. Thanks to this, we once again are included in the DJSI World Index, for the fifth year running.
CEO of Signify
“I’m extremely proud for receiving this continued recognition for our leadership and sustainable business practices, especially as this reflects the year in which we successfully completed our Brighter Lives, Better World 2020 program and achieved carbon neutrality,” said Eric Rondolat, CEO of Signify. “This provides us with additional motivation as we now step up our efforts to double our positive impact on the environment and society in 2025. We will do this by focusing our strategy on growth that contributes to sustainability, addressing climate action, circular economy, food availability, safety & security and health & wellbeing."
This momentous achievement provides a deep source of pride for us. As of November 12, 2021, we performed in the 100 percentile in the Electrical component & Equipment industry in the S&P Global Corporate Sustainability Assessment, meaning that we are in the top 1% in our industry. And we obtained full scores (100/100) in 56 categories including Climate Change Strategy and Risk Management, Product Design and Innovation, Human Rights Assessment, Mitigation & Remediation, and Board Diversity Policy.
This recognition celebrates our drive for sustainability leadership under our Brighter Lives, Better World 2025 program as we continue to make progress on increasing our positive impact.
Learn more about how we tirelessly work to bring our commitments to sustainability to live and visit our webpages: www.signify.com/global/sustainability.
1 Score date: November 12, 2021
Signify Corporate Communications
Elco van Groningen
Tel: +31 6 1086 5519
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. In 2022, we had sales of EUR 7.5 billion, approximately 35,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achieved carbon neutrality in our operations in 2020, have been in the Dow Jones Sustainability World Index since our IPO for six consecutive years and were named Industry Leader in 2017, 2018 and 2019. News from Signify is located at the Newsroom, Twitter, LinkedIn and Instagram. Information for investors can be found on the Investor Relations page.