Signify NV
Carbon footprint
Primary Climate Goal
Signify NV aims to reduce Scope 1 + 2 by 70% by 2030 from a base year 2015
Secondary Climate Goal
Signify NV aims to reduce Scope 3 by 30% by 2030 from a base year 2015
GHG emissions and Carbon intensity
Signify NV reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 159 Kt (-3 /-1.9% y-o-y). Also positively, carbon intensity was down at 20 t (-1.8 /-8.5% y-o-y).
Signify NV's Scope 3 emissions grew to 131 Kt (
The company has not set a company-wide target for an absolute reduction in GHG emissions yet.
Signify NV also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Overall Net-Zero Target Signify commits to reach net-zero greenhouse gas emissions across the value chain by 2040. Near-Term Targets Signify commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year. Signify also commits to reduce absolute scope 3 GHG emissions 50% within the same timeframe. Long-Term Targets Signify commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2040 from a 2019 base year. Signify also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe.