Doubling rate of building renovations to 3% per year

Upgrading lighting is the quickest and least intrusive part of building and infrastructure renovation, reducing the built environment's lighting-related energy consumption by up to 80%, delivering carbon emissions reductions and cost savings. By moving directly to connected lighting, countries can also further their digital ambitions. It will accelerate the adoption of smart technologies in government buildings, industry, and households around the world, reaping benefits in productivity, health and wellbeing, and digital innovation. A revision of buildings codes will help to accelerate renovations around the globe.

"Interventions like the switch to renewable energy take time to yield results. Adopting energy-saving technologies can instantly relieve many of the urgent energy challenges the world is facing in electricity and fuel shortages and price hikes. We can act today by accelerating the switch to energy-efficient lighting, by doubling the rate of building renovations per year, and by mobilizing consumers to make their own significant impact in the Race to Zero," said Eric Rondolat, CEO of Signify. "Driving energy efficiency improvements will reduce emissions and at the same time save businesses and consumers money, and create jobs."

Raising awareness among consumers

Consumers can also play their own part in reducing CO2 emissions by switching to smart home lighting technologies and other ultra-efficient lighting innovations. To raise awareness and accelerate such a switch, Signify calls for the creation of public awareness campaigns that highlight the benefits of these lighting innovations, and to allocate some of the recovery funding for household lighting upgrades at municipal level.

Having people upgrade all their residential lighting would reduce their electricity use and CO2 emissions, and lower their electricity bills.

Learn more about our actions to accelerate climate action here: Sustainability | Signify Company Website

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Signify NV published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 08:41:04 UTC.