Signify Climate Transition Plan 2024

Welcome to Signify’s Climate Transition Plan. This document sets out the company’s climate strategy, ambitions, and action plan in line with our net-zero target for 2040. Signify has an important role to play in the transition to a global low-carbon economy. According to the International Energy Agency (IEA), in 2022, lighting accounted for more than 2% of global greenhouse gas emissions1, equivalent to the impact of aviation. Our Climate Transition Plan is inspired by the four As of the climate leadership framework, published by the We Mean Business Coalition (WMBC).2 This framework emphasizes: Ambition, Action, Advocacy and Accountability.