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    Doubling the pace of the Paris Agreement

    100%
     
    Carbon neutral
    Approved

    Science Based Targets
    100%

    Renewable electricity
    SDG 13
    SDG 7

    Double the pace of the Paris Agreement


    As part of our commitment to Sustainable Development Goals 7 and 13 we will go beyond carbon neutrality and double the pace of the Paris Agreement 1.5ºC scenario. We will achieve this by offering energy efficient and solar solutions to reduce the emissions of our customers and by driving carbon reductions at our suppliers.

    Signify Climate Action Report

     

    In 2021, Signify completed the first year of its ambitious Brighter Lives, Better World 2025 program. At the same, and for the very first time, Signify publishes its first-ever Climate Action Report, illustrating its progress in taking climate action across the entire value chain.

     

    Enjoy the read!

     

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    We are carbon neutral in our operations


    As of September 2020, we are a carbon neutral company with 100% renewable electricity. The scope of our carbon neutrality covers emissions from not only scope 1 and 2, but also scope 3 business travel and logistics. From 2010 to 2020, we cut our carbon footprint by more than 70% and implemented more than 200 emission reduction initiatives worldwide. The reduced CO2 is the equivalent of taking 500,000 cars off the road or what 60 million trees can absorb in one year.
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    Signify’s journey to 100% carbon neutrality

    CEO announcing carbon neutrality video play icon

    Signify’s CEO announcing carbon neutrality

    Renewable energy video play icon

    Interview on how we add renewable energy to the grid

    ''Science demands that we rapidly decarbonize our economy and reach net zero emissions by 2050 to limit global warming to 1.5°C. That won't be done without leadership from businesses, who play a critical role in answering this existential challenge by innovating and rapidly transitioning to low-carbon products and services. On CDP's climate change A List of leaders since 2017, Signify has shown its willingness to act and reduce its impact. Its science-based target to reduce its emissions in line with 1.5°C is one of the most ambitious in the world; it is increasing its use of renewable energy, and it is effectively engaging its value chain, by requesting its suppliers to disclose through CDP.''


    Maxfield Weiss, Director Corporate Engagement, CDP Europe

    How we became carbon neutral and how we go beyond

    Industrial operations factory

    Industrial operations


    Invest in energy efficiency projects

     

    Carry out energy savings walkthroughs and 3rd party energy scans with our energy providers

     

    Help energy intensive operations to reduce energy consumption

     

    Reduce the use of substances that have a high global warming potential

    The Edge amsterdam office

    Non-Industrial operations


    Use flex-working across our organization

     

    Use intelligent systems to regulate lighting and heating in our offices and use our spaces more efficiently

    Logistics

    Logistics


    Continously check our supply chain to ensure it is as efficient as possible

     

    Focus on reducing the number of logistical operations that take place

     

    Focus on using only the most environmentally friendly carriers

     

    Create transparency on the environmental impact of our ocean transportation

    business travel

    Business travel


    Reach our reduction targets for each department across the business

     

    Enable efficient working models making sure our employees can work from any location and have the tools needed for ‘virtual’ working with colleagues around the globe without the need to travel

    We are member of EV100 and commit to operate a lease fleet of hybrid and fully electric vehicles by 2030

    Taking the next bold step

     

    We are already carbon neutral and use 100% renewable electricity in our operations. Now we go beyond and double the pace of the Paris Agreement. Our greatest contribution to decarbonize our value chain is to help our customers reduce emissions in the use phase of our products and by engaging our supply chain.

    Climate Action Projects


    We invest in several renewable electricity (RE) projects, to reach 100% renewable electricity. To compensate for our unavoidable emissions, we have selected carbon offsetting (CO) projects with clear environmental and social benefits.

    Limit global warming


    At the UN Climate Change Conference COP21 in 2015, governments worldwide committed to limit global warming to well below 2 °C, with the aim of 1.5 °C. To achieve this, we need a collective transition towards a decarbonized economy. The Science Based Targets initiative (SBTi) supports corporates to take climate action and set ambitious targets to achieve the COP21 goal.

    Our Science Based Targets


    Formally approved by the Science Based Targets Initiative (SBTi), our commitments demonstrate that our operations are in alignment with the 1.5 °C pathway. Our Science Based Targets are to:

    • Reduce absolute scope 1 and 2 GHG emissions by 70 % by 2030 from 2015 base year
    • Reduce absolute scope 3 GHG emissions from use of sold products by 30% by 2030 from 2015 base year

    Increase our energy efficiency & solar lighting portfolio

    How we help our suppliers to reduce carbon emissions