Signify Innovations India Limited
Signify Innovations India Limited, formerly known as Philips Lighting, is a leading player in the lighting industry, headquartered in India. Established in 2018, the company has rapidly evolved, focusing on innovative lighting solutions and smart city initiatives across major operational regions in India. Specialising in energy-efficient LED lighting, Signify offers a diverse range of products, including connected lighting systems and advanced outdoor solutions. Their commitment to sustainability and smart technology sets them apart in the market. With a strong emphasis on research and development, Signify has achieved significant milestones, positioning itself as a frontrunner in the Indian lighting sector. The company is recognised for its contributions to enhancing urban infrastructure and promoting energy conservation, solidifying its reputation as a trusted name in the industry.
DitchCarbon Score
How does Signify Innovations India Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Signify Innovations India Limited's score of 100 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Signify Innovations India Limited, headquartered in India, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Signify N.V., which cascades its climate commitments and initiatives down to its subsidiaries. Signify N.V. has established various climate initiatives, including Science-Based Targets Initiative (SBTi) commitments, CDP participation, and RE100 membership, which aim to drive significant reductions in greenhouse gas emissions across its operations. However, specific reduction targets or achievements for Signify Innovations India Limited have not been detailed. As part of its corporate family, Signify Innovations India Limited aligns with the broader sustainability goals set by Signify N.V., focusing on reducing its carbon footprint and enhancing energy efficiency. The company is committed to contributing to a sustainable future, although specific metrics and targets at the subsidiary level remain unspecified.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 185,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 56,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | - | - |
| Scope 3 | 33,000,000 | 00,000,000 | 000,000,000,000 | 00,000,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Signify Innovations India Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
