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OrganisationsSignify Innovations India Limited
Signify Innovations India Limited logo

Signify Innovations India Limited

Electrical Machinery ManufacturingIndia
Last verified 7 months ago

Signify Innovations India Limited, formerly known as Philips Lighting, is a leading player in the electrical machinery and apparatus sector, specifically within the niche of electrical machinery and apparatus n.e.c. (31). Headquartered in India, the company operates extensively across major regions, providing innovative lighting solutions that enhance both functionality and aesthetics.

Founded in 2018, Signify has quickly established itself as a pioneer in smart lighting and connected technologies. Its core offerings include energy-efficient LED lighting, smart home solutions, and professional lighting systems, all designed to meet the evolving needs of consumers and businesses alike.

With a commitment to sustainability and innovation, Signify has achieved significant milestones, positioning itself as a market leader in the Indian lighting industry. The company’s unique approach to integrating technology with design sets it apart, making it a preferred choice for customers seeking quality and efficiency.

87
DitchCarbon score

+50 vs industry average

Signify Innovations India Limited’s score of 87 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Electrical Machinery Manufacturing has below-average carbon intensity

Industry performance

0.315
20182025

The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018

Reported emissions

No reported emissions data is available for Signify Innovations India Limited yet.

Signify Innovations India Limited's reported carbon emissions

Signify Innovations India Limited, headquartered in India and operating within the electrical machinery and apparatus sector, inherits its carbon emissions data and climate commitments from its parent company, Signify N.V. As specific emissions data for Signify Innovations India Limited is not available, the focus is on the commitments cascaded from Signify N.V.

Signify N.V. is a participant in the RE100 initiative, demonstrating a commitment to 100% renewable electricity. Additionally, Signify N.V. has targets aligned with the Science Based Targets initiative (SBTi), indicating a strategic approach to emissions reduction that is consistent with the goals of the Paris Agreement. The company is also committed to the Climate Pledge. Details on specific emissions reductions and targets for Signify Innovations India Limited are not separately disclosed and are covered under the broader corporate family's reporting.

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Signify Innovations India Limited’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Signify Innovations India Limited yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from Signify N.V.
See details
Not active
CDP

Carbon Disclosure Project

Inherited from Signify N.V.
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Active
THE CLIMATE PLEDGE

The Climate Pledge

Inherited from Signify N.V.
See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from Signify N.V.
See details
Not active
RE 100

RE 100

Inherited from Signify N.V.
See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
S
Signify Innovations India Limited
INElectrical Machinery Manufacturing
7 months ago
87
Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
20 hours ago
100
View
Legrand logoLegrand
FRCopper Products
3 days ago
91
View
Acuity Brands logoAcuity Brands
USConstruction Material Reprocessing
20 hours ago
88
View
Nexans logoNexans
FROther Services
20 hours ago
84
View
Zumtobel logoZumtobel
ATOther Services
20 hours ago
80
View
Fagerhult logoFagerhult
SEElectricity from Other Sources
20 hours ago
78
View

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Ditchcarbonv260720.3
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