Signify NV

Common Name
Signify
Country
Netherlands
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
29,697
Ticker
LIGHT
Exchange
EURONEXT
Description
Signify N.V., a global leader in lighting solutions, specializes in developing innovative lighting products and systems. Formerly part of Philips, Signify operates in both the professional and consume...

Signify Waste Data Preview

In 2023, Signify conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Signify's Waste Treatment Practices

In 2023, Signify generated a total of 31,860 metric tonnes of waste.

Of this amount, 88.32% of Signify's total waste generated was recovered through methods such as recycling, reuse, or composting, while 11.68% was disposed of through landfilling, incineration, or combustion.

Signify's Waste Recovery Rate

88%

How much of Signify's waste is recycled or recovered?

In 2023, Signify reported a total waste generation of 31,860 metric tonnes, of which 88.32% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Signify has implemented strong circular economy practices and actively prioritizes sustainable waste management.

Has Signify reduced its environmental waste footprint over time?

Since 2021, Signify's total waste generation decreased by 27.44%, including a further 24.86% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Signify's waste recovery rate remained relatively flat, but declined by 1.19% in 2023, potentially pointing to emerging inefficiencies or short-term disruptions in recovery efforts.

Overall, Signify’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Signify’s Waste Recovery vs. Disposal Over Time

202120222023015 k30 k45 k60 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Signify’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Signify generated a total of 31,860 metric tonnes of waste.

Of this amount, 5.24% of Signify's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 94.76% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Signify’s Hazardous vs Non-Hazardous Waste Over Time

20222023015 k30 k45 k60 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Signify reduced the environmental impact of its waste?

Since 2021, Signify's total waste generation decreased by 27.44%, with an additional 24.86% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Overall, Signify's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

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