Signify NV 2020 AR2
The report highlights Signify's achievement of carbon neutrality across its entire operations in September 2020, ahead of its target, alongside shifting to 100% renewable electricity and sending zero waste to landfill from its manufacturing sites. The company launched its new Brighter Lives, Better World 2025 program, aiming to double its positive impact on the environment and society over the next five years. Financially, Signify integrated Cooper Lighting Solutions and Klite, improving its Adjusted EBITA margin to 10.7% and generating a record-high free cash flow of EUR 817 million despite challenges from the COVID-19 pandemic. Additionally, the company expanded its UV-C disinfection lighting capacity eightfold to support global health and safety efforts.
Company: Signify NV
Sector: Industrials
Country: Netherlands
Year: 2020
Type: AR2
Pages: 188
Signify NV
The report highlights Signify's achievement of carbon neutrality across its entire operations in September 2020, ahead of its target, alongside shifting to 100% renewable electricity and sending zero waste to landfill from its manufacturing sites. The company launched its new Brighter Lives, Better World 2025 program, aiming to double its positive impact on the environment and society over the next five years. Financially, Signify integrated Cooper Lighting Solutions and Klite, improving its Adjusted EBITA margin to 10.7% and generating a record-high free cash flow of EUR 817 million despite challenges from the COVID-19 pandemic. Additionally, the company expanded its UV-C disinfection lighting capacity eightfold to support global health and safety efforts.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Feb 23, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees