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Signify NV

Common Name
Signify
Country
Netherlands
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
26,008
Ticker
LIGHT
Exchange
Euronext Amsterdam
Description
Signify N.V. is the world leader in lighting for professionals, consumers, and the Internet of Things, specializing in energy-efficient LED products, systems, and services. Formerly known as Philips L...

Signify's GHG Emissions Data Preview

In 2025, Signify completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Signify has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
83,474a
85,582a
148,393a
Total Scope 2
Market-Based
0a
0a
0a
Location-Based
96,115a
118,753a
128,887a
Total Scope 3
164,892,105a
170,498,561a
192,672,579a
Total Scope 1 Revenue Intensity (tCO2e/$M)
12.316a
13.3879a
19.9987a
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Verified Sources Behind Signify’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Signify's Annual Report 2025

Insights into Signify's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Signify amounted to 179,589 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Signify decreased by 12.11%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Signify's Scope 1 Emissions Over Time

201920212022202320242025045 k90 k135 k180 ktCO2e-11%-5%+5%-42%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Signify's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Signify were 83,474 metric tons of CO₂ equivalent (tCO₂e).a

Has Signify reduced its Scope 1 emissions over time?

Since 2019, Signify's Scope 1 emissions have decreased by 50.29%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), Signify's Scope 1 emissions decreased by 2.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Signify's Scope 2 emissions?

In 2025, Signify reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 96,115 tCO₂e using the location-based method.a

Has Signify reduced its Scope 2 emissions over time?

Since 2019, Signify's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 46.91%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2024), Signify's Scope 2 emissions (Location-Based) fell by 19.06% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Signify use for Scope 2 reporting?

In 2025, Signify reported its Scope 2 emissions using the market-based method and using the location-based method.a

Signify's Scope 2 Emissions Over Time

201920212022202320242025050 k100 k150 k200 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Signify's Value Chain Emissions

In 2025, Signify reported 164,892,105 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Signify includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Signify's Scope 3 Emissions Over Time

2019202120222023202420250150 M300 M450 M600 MtCO2e-100%+188948%-22%-12%-3%
  • Total Scope 3
  • Year-over-Year Change

What are Signify's Scope 3 emissions?

In 2025, Signify reported total Scope 3 emissions of 164,892,105 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 0.42% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.58% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Signify reduced its Scope 3 emissions over time?

Since 2019, Signify's Scope 3 emissions have decreased by 60.26%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), Signify's Scope 3 emissions remained relatively stable, indicating that Signify's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does Signify disclose?

In 2025, Signify reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Signify's Scope 3 emissions?

In 2025, the largest contributors to Signify's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 164,099,789 tCO₂e (99.57%)
  • Purchased Goods and Services (Cat. 1): 615,023 tCO₂e (0.37%)
  • Employee Commuting (Cat. 7): 30,031 tCO₂e (0.02%)

Signify's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(99.6%)

Insights into Signify’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Signify reported Scope 1 greenhouse gas (GHG) emissions of 83,474 tCO₂e and total revenues of USD 6,778 millions. This translates into an emissions intensity of 12.32 tCO₂e per millions USD.a

Signify's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,0001,000,000Scope 1 Emissions (tCO2e)1005002,00010,00020,000Revenues (Millions of USD)L&FYear: 2024Scope 1: 2,663 tCO2eRevenue: $M 1,300Scope 1 Intensity: 2.05 tCO2e/$MSunwoda ElectronicYear: 2024Scope 1: 110,218 tCO2eRevenue: $M 7,676Scope 1 Intensity: 14.36 tCO2e/$MXTC New Energy MaterialsYear: 2024Scope 1: 40,194 tCO2eRevenue: $M 1,822Scope 1 Intensity: 22.06 tCO2e/$MCALB GroupYear: 2024Scope 1: 279,316 tCO2eRevenue: $M 3,803Scope 1 Intensity: 73.45 tCO2e/$MGotion High techYear: 2024Scope 1: 248,513 tCO2eRevenue: $M 4,849Scope 1 Intensity: 51.25 tCO2e/$MYaskawa ElectricYear: 2024Scope 1: 7,646 tCO2eRevenue: $M 3,821Scope 1 Intensity: 2.00 tCO2e/$MNktYear: 2025Scope 1: 24,558 tCO2eRevenue: $M 4,191Scope 1 Intensity: 5.86 tCO2e/$MNexansYear: 2025Scope 1: 111,701 tCO2eRevenue: $M 9,182Scope 1 Intensity: 12.17 tCO2e/$MEnerSysYear: 2025Scope 1: 49,646 tCO2eRevenue: $M 3,618Scope 1 Intensity: 13.72 tCO2e/$MAcuityYear: 2024Scope 1: 34,016 tCO2eRevenue: $M 3,841Scope 1 Intensity: 8.86 tCO2e/$MFuji ElectricYear: 2024Scope 1: 130,000 tCO2eRevenue: $M 7,285Scope 1 Intensity: 17.85 tCO2e/$MZhejiang Chint ElectricsYear: 2024Scope 1: 3,213 tCO2eRevenue: $M 8,841Scope 1 Intensity: 0.36 tCO2e/$MChina XD ElectricYear: 2024Scope 1: 18,329 tCO2eRevenue: $M 3,053Scope 1 Intensity: 6.00 tCO2e/$MPolycab IndiaYear: 2025Scope 1: 29,061 tCO2eRevenue: $M 2,579Scope 1 Intensity: 11.27 tCO2e/$MHyosung Heavy IndustriesYear: 2024Scope 1: 14,607 tCO2eRevenue: $M 3,336Scope 1 Intensity: 4.38 tCO2e/$MSieyuan ElectricYear: 2024Scope 1: 3,813 tCO2eRevenue: $M 2,118Scope 1 Intensity: 1.80 tCO2e/$MJiangsu Zhongtian TechnologyYear: 2023Scope 1: 42,600 tCO2eRevenue: $M 6,341Scope 1 Intensity: 6.72 tCO2e/$MShenzhen Inovance TechnologyYear: 2024Scope 1: 4,092 tCO2eRevenue: $M 5,075Scope 1 Intensity: 0.81 tCO2e/$MSamsung SDIYear: 2024Scope 1: 282,108 tCO2eRevenue: $M 11,307Scope 1 Intensity: 24.95 tCO2e/$MHubbellYear: 2024Scope 1: 50,870 tCO2eRevenue: $M 5,629Scope 1 Intensity: 9.04 tCO2e/$MnVent ElectricYear: 2024Scope 1: 32,812 tCO2eRevenue: $M 3,006Scope 1 Intensity: 10.92 tCO2e/$MLS ElectricYear: 2024Scope 1: 15,259 tCO2eRevenue: $M 3,102Scope 1 Intensity: 4.92 tCO2e/$MWEGYear: 2024Scope 1: 61,439 tCO2eRevenue: $M 6,149Scope 1 Intensity: 9.99 tCO2e/$MDelta Electronics Thailand PCLYear: 2024Scope 1: 2,912 tCO2eRevenue: $M 4,798Scope 1 Intensity: 0.61 tCO2e/$MAlfenYear: 2025Scope 1: 521 tCO2eRevenue: $M 512Scope 1 Intensity: 1.02 tCO2e/$MSignifyYear: 2025Scope 1: 83,474 tCO2eRevenue: $M 6,778Scope 1 Intensity: 12.32 tCO2e/$M

How does Signify's GHG emissions intensity compare to its peers?

In 2025, Signify reported a Scope 1 emissions intensity of 12.32 tCO₂e per millions USD. Compared to the peer group median of 8.86, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Signify rank on GHG emissions intensity within its industry?

In 2025, Signify ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Signify is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Signify's Total Carbon Footprint

In 2025, Signify reported a total carbon footprint of 165,071,694 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.3% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Signify's total carbon footprint was Scope 3 emissions, accounting for 99.89% of the company's total carbon footprint, followed by Scope 2 emissions at 0.06%.a

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