Annual report

    Our 2018 annual report sustainability results

     

    Sustainability is central to our company strategy and purpose, which is why it is a key focus in our 2018 annual report. In the report, we have measured our performance against our 2020 goals which we set out in our Brighter Lives, Better World program. Take a look at some highlights from our report or click on the link below to download the full report.

    Sustainable revenues

    Sustainable revenues are defined as products with an energy efficiency of 66lm/W and higher as well as all systems and services, as these provide additional energy savings. In 2018, sustainable revenues grew to an all-time high of 79%.

    Global lighting challenge

     

    Since 2015 we’ve delivered 1.7 billion LED lamps and luminaires, effectively avoiding more than 43 megatonnes of CO2 being emitted. This is part of the company’s commitment to deliver 2 billion LED lamps and luminaires by 2020.

    windmill for carbon

    Carbon neutral operations

     

    In 2018, we announced our approved science-based targets, which will help us to continue transitioning to a low-carbon economy. In 2018, CO2 reductions of 49% were achieved year-on-year, resulting in a net carbon footprint of 146 kilotonnes CO2. In 2018 we procured 89% of our electricity from renewable sources.

    waste picture

    Zero waste to landfill

     

    In 2018, we reduced the amount of waste materials delivered to landfill by 17% compared with 2017 and 82% of our manufacturing waste was recycled.

    Safe and healthy workplace

     

    The Total Recordable Case (TRC) rate decreased to 0.29 per 100 FTEs, an improvement of 29% compared to 2017. 14 of our industrial units went through 2018 without any recordable injuries.

    Sustainable supply chain

     

    We achieved a supplier sustainability performance rate of 93% and 281 suppliers engaged on carbon reduction through the CDP Supply Chain program.

    Our promise


    Read about our 2020 sustinability vision
    Brighter Lives, Better World

     

    Take a look

     

     

    Financial

    Creating value for our stakeholders - financial


    To create value we balance financial, environmental, and social considerations. Our aim is to maximize long-term value creation along these three dimensions.

    Input

    EUR 288 million R&D investments with 82% sustainable innovation

    €2,119 million total equity

    EUR 6,181 million total assets

     

    Output

    EUR 6,358 million sales

    EUR 640 million adjusted EBITA

    EUR 306 million free cashflow

    financial

    Our impact on society

     

    We created EUR 629 million in value for society through total shareholder returns, tax and interest payments.

    Environmental

    Creating value for our stakeholders - environmental


    To create value we balance financial, environmental, and social considerations. Our aim is to maximize long-term value creation along these three dimensions. 

    Input

    4,054 terajoules energy

    (89% of electricity came from renewable sources)

    EUR 2,806 million materials

    1,266 thousands m3 water

     

    Output

    146 kilotonnes net CO2 emitted

    41 kilotonnes waste, of which 82% recycled

    1,749 million LED lamps & luminaires, avoiding 43,701 kilotonnes of CO2 since 2015

    environmental

    Our impact to society

     

    We caused EUR 20 million in costs to society through our own environmental footprint. At the same time, we helped create EUR 1,419 million in value through CO2 avoided by our LED and solar LED delivered and increase biodiversity in 2018.

    Social

    Creating value for our stakeholders - social      


    To create value we balance financial, environmental, and social considerations. Our aim is to maximize long-term value creation along these three dimensions. 

    Input

    29,237 FTE in 74 countries

    4,600 learning modules offered

    EUR 8.21 million spent on training

    96 supplier audits

    EUR 2.1 million to the Signify Foundation

     

    Output

    210,000+ e-learning courses taken

    93% supplier sustainability performance

    21 projects delivered through the Signify Foundation

    0.29 total recordable case rate

    social

    Our impact to society

     

    We created EUR 1,032 million in value for society through employees’ salaries & wages and learning & development combined with the costs to society of injuries &

    illnesses at work.

    Carbon infographic