The report presents an overview of Signify's sustainability performance in 2023. The company focuses on three main areas: Brighter Lives, Better World, and Climate Action. Specific highlights include Signify's commitment to doubling the pace of the Paris Agreement 1.5°C scenario, achieving 100% renewable electricity, and reducing its carbon footprint by 70% across its operations and supply chain. The report also includes a detailed assessment of the company's climate-related risks and opportunities, as well as its approach to managing nature-related impacts. This includes a biodiversity action plan based on the TNFD Locate-Evaluate-Assess-Prepare (LEAP) framework.
Issuing Company Signify NV (formerly Philips Lighting NV)
Report Type Sustainability Report
Report Language EN
Report Filesize 6.23 MB
No. of Pages 40 pages
Reporting periodJanuary 1-December 31, 2023
Report EditionUnknown
Assurance Provider independent third party
Reporting Standards GHGP; GRI; TCFD; others
Materiality Assessmenttrue
