Signify included in Dow Jones Sustainability World Index for the seventh consecutive year

Signify (Euronext: LIGHT), the world leader in lighting, has been included in the Dow Jones Sustainability World Index for the seventh consecutive year. Inclusion in the index is based on the S&P Global Corporate Sustainability Assessment, in which Signify achieved an overall score of 80 from a possible 100. This confirms Signify as a leader in sustainability, ranking second among electrical component and equipment companies.

“The Dow Jones Sustainability World Index is a key benchmark of sustainability performance, and we’re honored to be included for another year,” said Eric Rondolat, CEO of Signify. “This achievement reflects the deep integration of sustainability with our business strategy and operations, and reinforces our commitment to embedding climate action and sustainability throughout our value chain.”

Signify obtained full scores (100/100 as of December 8, 2023) in 50 categories, including Emissions Reduction Targets, Low-Carbon Products, Resource Efficiency and Circularity, Energy Consumption, Innovation Management, IT Security/ Cybersecurity Measures, Human Rights Assessment and -Mitigation & Remediation.

In 2023, the third year of Signify’s ambitious five-year Brighter Lives, Better World 2025 sustainability program, the company remains on target to double the pace of the Paris Agreement 1.5°C scenario. In the third quarter of this year, the company reported that it reached the 2025 target for circular revenues of its Brighter Lives, Better World 2025 sustainability program, which stood at 32%. Brighter lives revenues increased to 31%, on track to reach the 2025 target of 32%. These actions contribute to Signify’s ambition to double its positive impact on the environment and society by the end of 2025.