Lighting Design & Specification

October 3, 2018

Signify achieved Industry Leader status in the sustainability index’s Electrical Components and Equipment category. The company’s overall score was 88 out of 100 points. This is the second year in a row that Signify has been named Industry Leader and the second year the company has been included since it became an independent company. Signify became the new company name of Philips Lighting in May 2018.

“We’re extremely proud to be recognized for the continuous progress that we're making on sustainability, which is central to our company purpose,” says Eric Rondolat, CEO of Signify. “The past few months we have seen floods in India and Japan, heat waves in Europe and North America and extreme droughts in Australia, showing that global warming is real and we need to take action. It is very important for us to be named for our leadership and contribution to such challenges for the planet.”

In its annual evaluation, the index recognized Signify’s strong performance through the launch of its “Brighter Lives, Better World” program, focusing on sustainable operations and revenues. As part of that program, Signify has made significant progress toward its commitment to become carbon neutral in 2020, reducing its carbon footprint by 20% over the course of 2017. Top scores (100/100) were obtained by Signify in the categories environmental reporting, operational eco-efficiency and innovation management.

Looking ahead, RobecoSAM identifies these drivers for this industry: product innovation will continue to gain strategic importance for companies in the electrical components and equipment industry. Companies that prioritize product research and development, have a strong product pipeline and reduce their time- to-market cycles will be able to capture and retain market share. Emerging trends are providing opportunities for companies focused on automation, new energy alternatives and climate change mitigation solutions. Investments in smart power transmission, distribution and clean power generation will increase as developed markets update aging energy infrastructure and emerging markets expand their power grids. However, exposure to emerging markets and public sector projects can increase the risk of corruption. As components become integrated into wider networks and are exposed to sophisticated digital security threats, product technologies need to be increasingly secure. A highly complex value chain makes strong supply chain management essential. Monitoring issues such as human rights, conflict minerals and environmental compliance will remain important.

Launched in 1999, the index represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM’s analysis of financially material Environmental, Social, and Governance factors and S&P DJI’s robust index methodology.

RobecoSAM assesses the world's largest companies via its annual Corporate Sustainability Assessment, which uses a consistent, rules-based methodology to convert an average of 600 data points per company into one overall score. This score determines inclusion in the DJSI. As more companies dedicate themselves to sustainable business practices, the number of companies that want their efforts measured and assessed via the CSA continues to rise (+5% in 2018).

Find out more about the 2018 results: www.robecosam.com/en/sustainability-insights/about-sustainability/corporate-sustainability-assessment/review.jsp.

Changing Scene

  • Prev
Francis Chan, General Manager of Ultrasave Lighting, has announced his retirement from the company ...
Pioneer Lighting Inc.’s new interactive website features easily accessible updated spec ...
Standard’s photometric data files (IES files) have been updated and optimized and are now ...
The appearance of one of Europe’s most important cathedrals has been transformed with a new, ...
A special jury of industry experts has chosen the winners of the New Product Competition at MCEE ...
BizVibe has committed to creating a continuously improving platform for electrical and lighting ...
A Hamilton, Ontario retirement and long-term care residence recently received an $18,000 incentive ...
Power management company Eaton and its Cooper Lighting division have released of the 2014 SOURCE ...
Lind Equipment’s LE965LEDC, the latest in its Beacon Light line of LED floodlights, is a 30W ...
Eaton’s Cooper Lighting division has introduced new Halo Surface LED Downlights for new ...

Design

  • Prev
The ongoing sea change between fluorescent and light-emitting diode (LED) lighting technologies ...
On Cartier Avenue in Quebec City, 34 giant lampshades backlit with LEDs and decorated with works by ...
The sturdy rectangular structure was built in the late 1470s as part of the Vatican’s fortified ...
The International Year of Light “is a global initiative that will highlight the importance of ...
It is no secret that lighting design plays a central part in the atmosphere of an interior ...
A lamp made with graphene, said by its U.K. developers to be the first commercially viable ...
Researchers from the Ecole Polytechnique Fédérale de Lausanne (EPFL) have used optogenetics to ...
A single backbone fibre ring of LuminexGigaCore Ethernet switches unifies and simplifies all the AV ...
The evolution of lighting technology is giving birth to amazing new possibilities. Where lighting ...
From May 3 to 7, New York City’s Javits Centre hosted the 26th edition ofLightfair ...

LED Technology

  • Prev
Mention LEDs in a conversation, and what first springs to mind is low energy use. But LEDs offer ...
LED's Part 2The benefits of LEDs almost seem too good to be true, and in some cases may be. Rapid ...
Helping LED Luminaire manufacturers develop products and gain market access is the intent behind ...
You may soon be able to add “growing space vegetables” to the list of uses for LEDs. Researchers at ...
Showing off your modern lighting advancements makes a powerful statement to customers. You’ll be ...
Acuity Brands, Inc. has launched a next-generation OLED product portfolio, including the ...
Halo light-emitting diode (LED) downlights from Eaton’s Cooper Lighting Division are featured in ...
LED keeps evolving. Six or seven years ago no one thought that LED was bright enough or ...
Although a relatively new technology, organic light-emitting diodes, OLEDs, are labelled today’s ...
Organic LEDs (OLEDs) are an interesting and promising new display technology. They provide a number ...

New Products

  • Prev
Eaton’s Lumark Caretaker light-emitting diode (LED) area luminaire is ideal for area and ...
Eaton’s new Neo-Ray Index light-emitting diode (LED) pendant luminaire from Cooper Lighting ...
Legrand’s Pass & Seymour Harmony Tru-Universal Dimmer comes with self-calibrating ...
iteline Corporation’s new 4” Versa-Series pot lights provide maximum safety and ...
Researchers at Duke University have developed a new method to make fluorescent molecules emit ...
The Fluke 1000FLT performs 5 essential tests in less than 30 seconds with one compact tool ...
Eaton’s Portfolio surface-mount light-emitting diode (LED) luminaire from its Cooper Lighting ...
Eaton’s Metalux Encounter and SkyRidge light-emitting diode (LED) luminaire families are now ...
Aimed at the residential market, Legrand’s new Pass & Seymour arc fault circuit ...
Kerrwil Publications

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
©2018 All rights reserved

Use of this Site constitutes acceptance of our Privacy Policy (effective 1.1.2016)
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Kerrwil