Signify has announced that it has achieved carbon neutrality for all its operations across the world as well as using 100% renewable electricity. While the company progresses towards its remaining commitments for 2020, it will already embark on a new five-year journey in which it will focus on doubling its impact.
Signify has reduced its operational emissions by more than 70% since 2010, having shifted to more energy-efficient technologies at its sites, to more sustainable modes of transport and optimized logistics planning, and to less travel in a more sustainable way. It also uses 100% renewable electricity, supported through two power purchase agreements, one in Texas and a second in Poland. The balance of emission reductions is achieved through a carbon offsetting program with projects aimed at benefiting the wellbeing of local communities.