Signify achieves EcoVadis Platinum rating for fourth consecutive year
November 29, 2023
Signify achieves EcoVadis Platinum rating for the fourth consecutive year
- Signify rated in top 1% of all companies assessed
Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has been awarded the highest Platinum rating from EcoVadis for the fourth year in a row. Signify scored 84 points out of a possible 100, placing it in the top one per cent of all companies assessed. Signify scored in the Outstanding or Advanced ranges across all categories. Prior to 2020, Signify attained EcoVadis Gold medals, which were the highest available before the introduction of Platinum.
EcoVadis offers one of the world’s most highly respected business sustainability ratings, so this award shows how deeply sustainability is embedded throughout our company. Our Outstanding and Advanced EcoVadis scores demonstrate our success in target-setting and measurement, transparency of reporting, and ongoing improvement. I am proud of the commitment Signify has shown to make this top Platinum rating possible for four consecutive years.”
Maurice Loosschilder
Head of Sustainability, Signify
This rating is the result of the significant strides Signify has made in the past decade to make both its operations and products more sustainable. For example, Signify has reduced its operational carbon footprint by more than 77 percent since 2010 and is on track to double the pace of the Paris Agreement’s 1.5°C scenario by the end of 2025.
For more information about sustainability at Signify, please visit https://www.signify.com/global/sustainability.
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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.
