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    LIGHT   NL0011821392

SIGNIFY N.V.

(LIGHT)
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Signify N : Supporting 25,000+ people in Paraisópolis through LEDs

07/29/2021 | 08:10am EDT

The project is the outcome of a partnership between the Signify Foundation, the Union of Residents of Paraisópolis and the City Hall of São Paulo through the Department of Public Lighting, called ILUME. It has the objective to help people's lives and reinforce the extraordinary potential of light for brighter lives and a better world. 'For Signify, the 'Light up Paraisópolis' project has become an important case that illustrates how the prioritization of lighting can be a determining factor when developing policies for the population,' explains Sergio Costa, Country Leader for Signify Brazil. 'This illustrates our commitment to bringing Brazilian inhabitants' quality and sustainable lighting that makes a real difference in their daily lives.'

Technology in favor of the population

The Philips GreenVision Xceed LED solutions installed in the 'Light up Paraisópolis' project are suitable for a wide variety of public spaces, as they are designed to provide the best uniformity in lighting and comfort for pedestrians with less energy consumption. The installed luminaires are up to 50% more energy efficient than conventional technology with a life cycle of up to 40,000 hours.

6 million lives lit by Signify Foundation

In a world where more than one billion people have no reliable access to power, electric light is a distant dream for many. The Signify Foundation is committed to ending this imbalance by enabling easy access to the benefits of sustainable lighting solutions to underserved communities across Latin America, Africa, Southeast Asia, among other regions.

In 2020, the foundation lit 994,184 lives with sustainable lighting, and supported 9,276 people with technical and/or business training. In total the foundation has now lit more than 6 million lives.

Signify continues to support the local community through initiatives that aim to help people at a time that they are already vulnerable, which has only increased by the COVID-19 pandemic. To support the people with a low income, that are living in difficult conditions, Signify, in addition to the 'Light up Paraisópolis' project, donated various supplies according to the needs the residents reported themselves. This included the delivery of tables, pans, gas canister, among others.

Learn more about the Signify Foundation and visit our website: signify.com/global/our-company/signify-foundation.

Disclaimer

Signify NV published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 12:08:19 UTC.


© Publicnow 2021
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Net Debt 2021 1 085 M 1 264 M 1 264 M
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Last Close Price 43,55 €
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