Weekly Outstanding Work

The W.O.W. Award

Welcome to the WOW award!

The award that gives writers of the best impact analyses the recognition their work deserves!

Each week we select the best work being published on our innovative environmental and social impact measurement platform Impaakt.com and share it with you.

On to this week's winner...

"With 82.5% of its revenue from sustainable products Signify is also helping cities get smarter.”


Written by
: Harihar K
Company: Signify
SDG 11:
Sustainable Cities and Communities


Feedback from the reviewing team:

"Harihar carefully and selectively summarises the innovative approaches Signify are taking to smart cities, an informative and exciting read!"

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"With 82.5% of its revenue from sustainable products Signify is also helping cities get smarter.”

A smart city uses technology to solve problems sustainably3. By 2050, the world population will be around 10 billion, with two-thirds residing in cities4. With the population growth, apart from needing more lighting, the power efficiency and sustainability of cities, become a greater concern4.

Signify is one of the world’s largest makers of lighting products2. In 2019, the company had surpassed its target to generate 80% of its revenue from sustainable products by achieving 82.5%6;p15.

Signify’s prize-winning EnduraLED bulb is an equivalent for a 60W lamp, but only uses 12W of power1. LED lighting can help cities get energy efficient9 as they use up to 80% less energy6;p15. With over 100,000 operating hours, LEDs are also up to 40 times long-lasting than incandescent lamps9. Between 2015 and 2019, Signify produced two billion LED products around the world6;p15.




With its Trulifi, Signify provides Li-fi technology that uses LED lights as a medium to transmit information7;p2. Li-fi provides 80% energy-efficient lighting7;p2 and its internet connectivity are up to 100 times faster than wi-fi5. With a better AES 128-bit encryption, Trulifi is secure enough for use even by banks and the government offices7;p2.

Signify's Interact City solution remotely controls city street lighting using cloud-based management software11. This helps dimming street lights when there are no vehicles or pedestrians, ensuring energy savings11. This has saved 50% in energy costs for the city of Buenos Aires in Argentina12;p2. With over 2,000 such Interact City projects, Signify has provided two million smart luminaries in over 50 countries10;p15.


As increasing energy efficiency benefits the environment by reducing GHG emissions8, Signify has cumulatively avoided 56,943,000 tonnes of GHG emissions between 2015-20196;p19.

Signify has 82.5% of revenue from sustainable products. By making highly energy-efficient products, the company is ensuring sustainable urban lighting and secure technology.


Sources


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