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Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has been included in the Dow Jones Sustainability World Index for the eighth consecutive year. The index is based on the S&P Global Corporate Sustainability Assessment, which evaluated Signify's overall sustainability performance and awarded the company an impressive score of 79 out of 100.
Eric Rondolat,
CEO, Signify
Signify achieved full scores (100/100 as of September 2, 2024) in 47 categories, including Emissions Reduction Targets, Low-Carbon Products, Resource Efficiency, Life Cycle Assessment, Energy Consumption, Risk Governance and Human Rights Mitigation & Remediation. In the fourth year of Signify's five-year Brighter Lives, Better World 2025 sustainability program, the company remains on target to double the pace of the Paris Agreement 1.5°C scenario, as well as to double its Circular and Brighter lives revenues.
As the world leader in lighting, Signify has led the transformation and rapid decarbonization of the lighting industry through energy-efficient LED, circular, and connected lighting innovations. In July, the company announced its 2040 Climate Transition Plan, setting out a detailed plan to reach its SBTi-validated net-zero emissions target. Signify has reduced greenhouse gas emissions across the full value chain by 50% since 2019 and continues to advocate for energy efficiency and an accelerated energy transition.
For more information about sustainability at Signify, please visit https://signify.com/global/sustainability.
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.
