Signify N.V.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2019-2040

In its 2023 reporting, Signify N.V. disclosed greenhouse gas emissions of 249 kilotonnes CO2e (operational). By scope: Scope 1: 148 tCO2e; Scope 2: 129 tCO2e; Scope 3: 192.7K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
249 kilotonnes CO2e (operational)
2023
⚡
Renewable Energy
100%
of total energy
💧
Water Usage
1.1K thousands of m3
2023
♻️
Waste
Zero waste to landfill
2023
⚙️
Energy Use
3.2K terajoules (899285 MWh)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).148 tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.129 tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).192.7K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023249 kilotonnes CO2e (operational)
2022175 kilotonnes CO2-equivalent (Scope 1 and 2)
2021149 kilotonnes CO2-equivalent (Scope 1); 10 kilotonnes CO2-equivalent (Scope 2); 124 kilotonnes CO2-equivalent (Scope 3 logistics); 7 kilotonnes CO2-equivalent (Scope 3 business travel)
2019-2040193M tCO2e (2023)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Adjusted EBITA margin improvement of up to 50 bps in 2024

📅 Medium-term

  • Double the pace of the Paris Agreement’s 1.5°C scenario by 2025 (40% reduction in scope 1, 2, and 3 emissions compared to 2019 baseline)
  • Double our Circular revenues to 32% by 2025
  • Double our Brighter Lives revenues to 32% by 2025
  • Double our percentage of women in leadership to 34% by 2025

🌱 ESG Focus Areas

Climate actionCircular economyFood availabilitySafety & securityHealth & well-beingHuman Rights

⚠️ Challenges & Risks +

  • Continued softness in consumer, indoor professional and OEM channels
  • Slower than anticipated recovery in the Chinese markets
  • Supply chain disruptions
  • Cybersecurity risks
  • Maintaining an injury prevention mindset

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Sustainability Reporting Standards, Value Reporting Foundation's Integrated Reporting framework, EU Taxonomy, CSRD, TCFD, TNFD, UN Global Compact
Assurance: Ernst & Young Accountants LLP (EY)