Signify NV Aims for Net-Zero Emissions by 2040

Signify NV (GB:0RHI) has released an update.

Signify NV has announced an ambitious Climate Transition Plan to slash its greenhouse gas emissions by 90% throughout its value chain and achieve net-zero by 2040. The company emphasizes the impact of switching to LED lighting, which could cut global GHG emissions by 1%, and outlines initiatives such as incentivizing renewable energy use among suppliers and electrifying its logistics fleet. Signify, a leader in the lighting industry, has already halved its GHG emissions since 2019 and continues to push for energy-efficient lighting technologies.

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