Signify reduces its carbon footprint by 49% and is carbon neutral in 9 markets

Signify has reported significant progress toward its sustainability targets set for 2020 as part of its Brighter Lives, Better World program. 

The company is committed to achieve carbon neutrality, to shift to 100 percent renewable electricity, and to generate 80 percent of its revenues from sustainable products, systems and services, all by 2020.

In 2018, it achieved 79 percent sustainable revenues, reduced its global carbon footprint by 49 percent, and realised carbon neutrality in Canada and the US. It also reduced the amount of waste delivered to landfill by 17 percent compared with 2017, meaning it now recycles 82 percent of our waste.

Since Signify joined the Global Lighting Challenge in 2015 it has delivered more than 1.7 billion LED lamps and luminaires, avoiding the release of over 43 megatonnes of CO2 emissions.

“We are proud of our achievements as we can only make such strong progress toward our Brighter Lives, Better World targets when all our employees are behind it and as sustainability is really at the heart of our purpose,” said Nicola Kimm, Head of Sustainability at Signify.

“As we strive for excellence, we continued to align our efforts with the recommendations set out in the industry-led Task Force on Climate-related Financial Disclosures. We also announced our approved science-based targets, which will help us to continue transitioning to a low-carbon economy.”

More detail is in Signify’s newly published 2018 integrated Annual Report, available from the company’s website.

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