Signify is a leading global company based in the Netherlands that operates in the lighting fixture sector. The company is committed to providing innovative and sustainable lighting solutions that improve people's lives while reducing carbon emissions. Signify's mission is to accelerate the world's transition to sustainable energy by delivering high-quality, energy-efficient lighting products and services.
Decarbonisation is at the core of Signify's business strategy. The company recognizes that reducing carbon emissions is essential to addressing the global climate crisis. As a result, Signify has set ambitious targets to reduce its carbon footprint and help its customers do the same. The company has pledged to become carbon neutral by 2020 and to achieve net-zero carbon emissions by 2050. Signify is working towards this goal by investing in renewable energy, improving energy efficiency, and reducing its use of fossil fuels.
Corporate energy is another key area of focus for Signify. The company recognizes that energy is a critical resource for businesses and that managing energy consumption is essential to reducing costs and improving sustainability. Signify offers a range of energy management solutions to help businesses optimize their energy use, reduce costs, and improve their environmental performance. These solutions include energy audits, energy monitoring and reporting, and energy efficiency upgrades.
Corporate power purchase agreements (PPAs) are an increasingly popular way for businesses to secure renewable energy. Signify has been at the forefront of this trend, signing several corporate PPAs in recent years. These agreements allow businesses to purchase renewable energy directly from a wind or solar farm, providing a stable, long-term source of clean energy. Signify has signed PPAs for wind and solar power in several countries, including the Netherlands, Poland, and Spain. These agreements have helped the company reduce its carbon footprint and support the development of renewable energy infrastructure.
Renewable energy is a key focus area for Signify. The company recognizes that renewable energy is essential to reducing carbon emissions and addressing the global climate crisis. Signify is committed to investing in renewable energy and has set a target to source 100% of its electricity from renewable sources by 2030. The company is investing in wind and solar power and has signed several corporate PPAs to secure renewable energy. Signify is also developing innovative products that enable its customers to use renewable energy more efficiently, such as its Interact Pro energy management system.
In addition to its focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, Signify is committed to sustainability across its operations. The company has set ambitious targets to reduce waste, improve water efficiency, and promote circular economy principles. Signify is also committed to promoting diversity and inclusion in its workforce and has set targets to increase the representation of women and underrepresented groups in leadership positions.
Overall, Signify is a leading global company that is committed to sustainability and decarbonisation. The company is investing in renewable energy, developing innovative products and services, and working with customers to reduce their carbon footprint. Signify's commitment to sustainability extends across its operations, from energy management to waste reduction and diversity and inclusion. As the world continues to grapple with the global climate crisis, Signify is well-positioned to play a leading role in the transition to a more sustainable future.