‘Circular revenues’ hit 37% for Signify

Signify’s so-called ‘circular revenues’ –  products and services designed to minimise waste and maximise resource efficiency – have reached 37 per cent of sales, beyond the 2025 target of 32 per cent, said the world’s largest lighting company in its latest end-of-year results.
The last year has seen the company achieve a number of significant results.
Signify surpassed its 2025 target to reduce greenhouse gas emissions across its entire value chain by 40 per cent against the 2019 baseline – double the pace required by the Paris Agreement.
Circular revenues reached 37 per cent of sales, beyond the 2025 target of 32%. The main contribution was from serviceable luminaires in the Professional business, with strong performance in the Americas.
‘Brighter lives’ revenues were at 34 per cent of sales, surpassing the 2025 target of 32 per cent. This included strong contribution from consumer and special lighting products.
The percentage of women in leadership positions remained at 27 per cent, which did not meet the 2025 target of 34 per cent.
Signify says it remains committed to increasing representation through focused hiring practices for diversity across all levels, and through retention and engagement actions that reduce attrition.
The company says it will unveil its new sustainability programme in the first quarter of 2026. It will replace its ‘Brighter Lives, Better World’ scheme.
Last month, the company was recognised for its action on climate change with a top rating by an independent assessor.
The CDP’s annual list for leadership on climate action has put the lighting company in the top A rating.
The award reflects excellence across all dimensions of climate leadership, including business strategy, environmental policies, governance, public policy engagement and industry collaboration.
CDP is a global environmental non-profit that evaluates companies on the quality and depth of their environmental disclosures. In 2025, more than 20,000 companies were assessed.
Signify’s ‘A’ score recognises its reporting, understanding of environmental risks, and evidence of best practice, including setting and meeting robust emissions reduction targets.
In 2025, the company made steadfast progress to deliver its Climate Transition Plan, launched in 2024, outlining the company’s climate strategy to reduce greenhouse gas emissions by 90 per cent across its value chain and reach net-zero by 2040.
Since 2019, Signify has achieved a 61 per cent absolute reduction in  emissions across its entire value chain, including emissions from the product use phase.
Last year, Signify was awarded the highest Platinum rating from EcoVadis, which ranks businesses’ sustainability impact, for the sixth year running.
EcoVadis provides sustainability ratings for 73,000 companies worldwide. Its ratings provide detailed assessments of sustainability performance in areas such as environmental impact, labour and human rights standards, ethics, and procurement practices.
‘Our ambition is to live up to the highest standards in our own operations, while creating value for our customers through efficient, connected solutions that support their goals to use less electricity, preserve value, reduce cost and help achieve lower emissions targets,’ Maurice Loosschilder, head of sustainability at Signify, told the Circular Lighting Report.
Sustainability initiatives include lighting-as-a-service, 3D printed luminaires, redesigned plastic-free packaging and increasing the use of post-consumer recycled plastic in its products.
In 2024, the company announced that it had halved its greenhouse gas (GHG) emissions since 2019, achieving a cumulative GHG emissions reduction of 334 million tonnes CO2e beyond the level required to meet the Paris Agreement 1.5-degree target.
• Learn more about sustainable lighting at Circular Lighting Live 2026, Recolight’s flagship conference and exhibition, which takes place on Thursday 8 October 2026 at the Minster Building in the City of London. Free to specifiers, Circular Lighting Live 2026 will feature leading experts, specifiers and policy makers who will share their insights into forthcoming standards and legislation, emerging technologies and new business models. Search ‘Circular Lighting Live’