Signify - Circular lighting
About the company
Signify is the world leader in lighting for professionals, consumers and lighting for the Internet of Things. Thanks to our energy-efficient lighting products, systems and services, our customers enjoy superior light quality, people live safer and more comfortably, companies are more efficient and productive and cities are more livable. With 2020 sales of EUR 6.5 billion, approximately 37,000 employees and a presence in more than 70 countries, we are harnessing the extraordinary potential of light to enrich people's lives and for a sustainable world
About the businessmodel
Signify contributes to a sustainable world with minimal waste and optimal conservation of raw materials. With Circular Lighting, the focus is shifting to a circular economy, in which "possession" is replaced by "use". Signify remains the owner of the lighting until the end of the contract and ensures that the lighting is repaired or replaced in a timely manner.
| Step | Provide quantity and activity |
|---|---|
| Signify builds light sources | |
| Contract with renter is settled | |
| Light as a service performance period) | Can be either 5/10/15 years |
| Lights are returned to signify (in collaboration with wecycle) |
Philips
Immagini
Wednesday 24 March 2021 - Last edit: Thursday 24 February 2022
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