LED lighting giant Signify has achieved carbon-neutrality across all its operations globally and is using 100% renewable electricity.
The milestone was reached in September following a reduction of its operational emissions by more than 70% since 2010 and moving towards more energy efficient technologies at its sites, in addition to more sustainable modes of transport and optimised logistics planning.
Its efforts to reduce emissions have been supported through two power purchase agreements (PPAs) – one in Texas and a second in Poland – and the balance of its emissions reductions is achieved through a carbon offsetting programme, with projects aimed at benefitting local communities in those areas.
As part of its latest commitment, Signify – formerly known as Philips Lighting – aims to go beyond carbon-neutrality and reduce carbon emissions over its entire value chain.
It has set a target to double its revenues from circular products, systems and services to 32% in 2025, including revenues from 3D printed luminaires and streetlights with reusable components and recyclable parts that were introduced earlier this year.
Eric Rondolat, CEO of Signify said: “I’m extremely proud of all the Signify employees and thank them for supporting our carbon-neutrality objective. It is a truly significant achievement for us and we call on many others to join us.
“However, the world is still facing demographic change, urbanisation, climate change and resource scarcity. This is not a time to pause and celebrate but a time to become even more ambitious and accelerate our efforts to address these challenges. Growth for sustainability and providing a great place to work are firmly anchored as central parts of our company strategy. This means that when it comes to sustainability, we will go beyond carbon-neutrality and double our positive impact on the environment and on society in 2025.”