Signify receives best industry score in S&P sustainability assessment
September 26, 2022
Signify reinforces sustainability leadership with highest industry score in the 2022 S&P Global Corporate Sustainability Assessment
- Secured highest industry score in the S&P Global Corporate Sustainability Assessment (Score date: September 23, 2022)
- Obtained full scores (100/100) in 64 categories including Climate Change Strategy and Scope 3 GHG Emissions, Risk Culture, Product Design and Innovation, Social Reporting and Policy Influence.
Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has obtained the highest industry score in the 2022 S&P Global Corporate Sustainability Assessment with 88 points from a possible 100. Based on this new assessment, the company looks forward to securing its position in the Dow Jones Sustainability World Index for the sixth consecutive year.
Signify’s high rating reflects the company’s continued efforts in sustainability leadership under its Brighter Lives, Better World 2025 program. Two years on from announcing it is carbon neutral in its operations, Signify aims to double its impact on the environment and society.
As of September 23, 2022, Signify performed in the 100th percentile in the Electrical Components & Equipment category in the S&P Global Corporate Sustainability Assessment. The company obtained full scores (100/100) in 64 categories including Climate Change Strategy and Scope 3 GHG Emissions, Risk Culture, Product Design and Innovation, Social Reporting, and Policy Influence.
I am immensely proud of the work we continue to do to embed sustainability in our operations, and these efforts have been captured in our high rating.”
Eric Rondolat
CEO of Signify
"With the tangible effects of climate change playing out more visibly year on year, our customers and the investment community are looking critically at what companies are doing to make a positive impact. This reinforces our decision to focus on energy-efficient technologies that make better use of the earth's limited resources."
Signify reported in detail on its commitment to climate action in 2021 in the company’s first dedicated Climate action report. More information can be found on the sustainability webpage.
Signify reported in detail on its commitment to climate action in 2021 in the company’s first dedicated Climate action report. More information can be found on the sustainability webpage.
For further information, please contact:
Signify Corporate Communications
Abigail Levene
Tel: +31 6 2939 3895
E-mail: abigail.levene@signify.com
About Signify
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers. We unlock the extraordinary potential of light for brighter lives and a better world. Our advanced products, systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2024, we had sales of EUR 6.1 billion, approximately 29,000 employees and a presence in over 70 countries. We feature in the Dow Jones Sustainability World Index and hold the EcoVadis Platinum rating, placing in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on LinkedIn, Instagram and X. Information for investors is located on the Investor Relations page.
Signify global brands include: Philips, Philips Hue, WiZ, Interact, ColorKinetics, Dynalite, Telensa, Signify myCreation, Signify BrightSites, NatureConnect, Trulifi.
