Signify (Formerly Philips Lighting) announced that its operations in the US and Canada are carbon neutral. This achievement was met after the company in these two countries started operating on 100% renewable electricity in 2016 and compensates for all its remaining carbon emissions as of this year. This is a major milestone towards the entire company becoming carbon neutral in 2020.
Signify has been working to reduce carbon emissions in the US and Canada for nearly 10 years, implementing energy-efficiency improvements in its factories, utilizing office space more efficiently and increasing the use of renewable electricity to 100% in 2016. The electricity is sourced from a Power Purchase Agreement (PPA) with a windfarm in Texas. The company compensates for the remaining carbon emissions from its industrial operations, offices, warehouses, business travel and logistics.