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Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has published its 2023 Diversity, Equity, and Inclusion (DE&I) report, demonstrating the company’s commitment to developing a diverse workforce and inclusive and equitable environment.
Having achieved gender pay equity in 2021, Signify continues to focus its efforts through upskilling managers on equitable practices and partnering with Syndio to prevent pay inequity. In addition, it continues to focus on exceeding living wage standards worldwide.
The company has made strong progress on its target to double the proportion of women in leadership positions from 17% in 2019 to 34% by 2025, reaching a share of 29% in 2023. Against its priority to develop generational diversity, early career talent at Signify has also increased from 2% in 2019 to 10% in 2023.
Eric Rondolat
CEO, Signify
Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers and the Internet of Things. Our Philips products, Interact systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. In 2023, we had sales of EUR 6.7 billion, approximately 32,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for seven consecutive years and have achieved the EcoVadis Platinum rating for four consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page.
