Signify Named Industry Leader in the 2018 Dow Jones Sustainability Index

LDS 19 CS Signify 400

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.

Related Articles


Changing Scene

  • LEDVANCE Expands Ontario Presence with New Specification Agent

    LEDVANCE Expands Ontario Presence with New Specification Agent

    LEDVANCE is pleased to announce the appointment of Sterling Architectural Products Ltd. (Sterling Lights) as their new specification agent in Ontario. This partnership strengthens LEDVANCE’s presence in the region and reinforces their commitment to serving the professional lighting design and specification community with innovative, reliable lighting solutions. With decades of experience and a service-driven mindset,… Read More…

  • May 29, 2025 - Eureka Wins Three 2025 Red Dot Awards for Product Design

    Eureka Wins Three 2025 Red Dot Awards for Product Design

    Eureka is pleased to announce that its Velia, Cirra, and Junction luminaires have each received a 2025 Red Dot Design Award for Product Design. It is the 11th consecutive year that Eureka products have been honored with this prestigious award, which is a testament to the company’s consistency and relentless drive to design exceptional luminaires.… Read More…


Design

  • What is Human Centric Lighting: Benefits & Applications

    What is Human Centric Lighting: Benefits & Applications

    Human centric lighting (HCL) is a kind of illuminated way based on human physical and psychological needs. Its core goal is to imitate the changes in natural light to support the body’s circadian rhythm, improve visual comfort, and enhance mood. The key element of human centric lighting contains dynamic ​color temperature adjustment, adjustable brightness, spectrum… Read More…

  • Mac’s II Agencies: Case Study – Tesoro, Vancouver, BC

    Mac’s II Agencies: Case Study – Tesoro, Vancouver, BC

    At the crest of False Creek, Tesoro stands as a contemporary interpretation of classic luxury, offering 92 exclusive waterfront homes in the heart of Vancouver. Developed by Concert Properties, this 17-story residential tower embraces a distinctly modern character, harmonizing sleek design with timeless sophistication. The vision for Tesoro extended beyond its architectural presence—it was about… Read More…


New Products

  • GVA Lighting: PIXEL GEN2 COLOR CHANGING

    GVA Lighting: PIXEL GEN2 COLOR CHANGING

    PIXEL GEN2 is the second generation of the direct-view PIXEL series, designed for dynamic color effects, low-resolution image displays, and media façades. Built on the award-winning COLOR-STREAM platform, it delivers 16X faster communication than DMX, ensuring ultra-smooth dimming and real-time responsiveness. With INFINITY technology, PIXEL GEN2 supports lighting circuits of up to 1,565 PIXELs, providing… Read More…

  • Cyclone Lighting Introduces New Taji Luminaire

    Cyclone Lighting Introduces New Taji Luminaire

    Cyclone Lighting is excited to announce the release of its new Taji luminaire. Taji’s captivating design features high-performance optics and enhances a variety of aesthetics. Taji’s distinctive, stylish silhouette and slender lines are a refreshing departure from the ubiquitous dome luminaire. The unique flared form maintains a slender, minimalist feel yet provides high-performance optics. The… Read More…