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Energy-efficient technology is here.

Now, let’s put it to good use.

E nergy efficiency gains can halve the But there is still work to be done. According to the
environmental impact of the lighting industry. International Energy Agency (IEA), in 2022, lighting
accounted for more than 2% of global greenhouse gas
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To achieve the goal of limiting global warming to below emissions, equivalent to the impact of aviation . With
1.5°C, the world faces a decade of tough tasks – not effective actions, it’s possible to cut that number in half
least, doubling the annual rate of energy efficiency and achieve 1% emissions from lighting.
improvements to 4% between now and 2030.
CLIMATE TRANSITION PLAN
Reaching this goal will require a sustained effort from Earlier this year, Signify launched a Climate Transition Plan,
governments and policymakers, businesses and inspired by the four As of the climate leadership framework
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households, and the urgent prioritization of energy- from the We Mean Business Coalition . Our climate
efficient technologies that can curtail rising energy transition plan focuses on how we respond to the climate
demand. One of the simplest changes we can make can crisis with Ambition, achieve our ambition with Action, lead
have a surprisingly significant impact: accelerating the a broader transition through Advocacy, and drive progress
global switch from conventional lighting technology to by showcasing Accountability. Through following this
energy-efficient LED lights and connected systems. blueprint, we aim to achieve our 2040 target to reach net-
zero and reduce absolute scope 1, 2 and 3 greenhouse gas
LOW-HANGING FRUIT emissions by 90%, eliminating the remaining 10% through
Lighting represents up to 40% of total electricity usage in a carbon removals.
typical city . Transitioning fully to LED is a very achievable
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task. It is low cost, non-disruptive and can reduce The use phase of our products accounts for more than
electricity consumption by up to 90%. LED outperforms 99% of total emissions across our value chain. Therefore,
conventional lighting in almost every conceivable way. It to achieve net-zero, we must further increase the energy
expends less energy, lasts longer and is readily compatible efficiency of our lighting. The latest ultra-efficient
with lighting controls. Upfront costs are swiftly offset technologies last even longer and greatly surpass the
by reduced energy bills and can be alleviated through energy savings previously possible with LED, resulting in
innovative finances options such as Light as a Service. a 50 – 60% improvement in efficiency compared to first-
generation LED.
As a company that produces more lighting than anyone
else in the world, Signify has been at the forefront of The technology is there. Now, we need to ensure that it is
the development and mass adoption of low-energy adopted by all. We cannot act alone. We work closely with
lighting solutions. In 2012, energy efficient LED lights and consumers, businesses and cities to help them phase out
connected systems made up just 22% of our sales. By conventional lighting and replace it with more energy-
2023, it was 91%. efficient LED. We continue to invest in energy efficiency

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