Eindhoven, the Netherlands – Signify, 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 of Signify, said, "We are honored to have been included in the Dow Jones Sustainability World Index each year since we became Signify. This is a testament to our unwavering commitment to make a positive impact on society and the environment. Earlier this year, we introduced our 2040 net-zero Climate Transition Plan, which reaffirms our focus on unlocking the extraordinary potential of light to improve lives and advance sustainability for our customers and the industry at large."
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 read here.