Signify Innovation Day 2024 strengthens cooperation towards net zero

The event showcased advanced lighting solutions and provided a platform for businesses to discuss, evaluate, and share effective strategies to accelerate Vietnam’s journey towards its net-zero goals, with lighting as one of the most impactful solutions leading the way.

This year’s event is part of the “Illuminating Route to Net Zero" campaign, aimed at contributing to the development of sustainable and green urban areas, meeting Vietnam's commitment to achieving net-zero emissions.

This event reaffirms the annual commitment of the Dutch business community to supporting Vietnam in realising this vision by 2050.

Signify Innovation Day is a hallmark event by Signify to promote collaboration between Dutch and Vietnamese businesses, fostering sustainable business growth.

According to Daniël Stork, consul general of the Netherlands in Ho Chi Minh City, Dutch companies in Vietnam are committed to sustainability and actively support Vietnam’s goal of achieving net-zero emissions by 2050.

“This commitment highlights the strong cooperation between the Netherlands and Vietnam, reflecting a shared responsibility in addressing global climate challenges and environmental protection,” Stork said at the event.

Daniël Stork, consul general of the Netherlands in Ho Chi Minh City, at the event

Dang Hai Dung, deputy director of the Department of Energy Saving and Sustainable Development at the Ministry of Industry and Trade, highly valued Signify’s efforts in pioneering energy-saving lighting solutions that safeguard user health and align with Vietnam’s carbon neutrality goals by 2050.

At the event, business representatives from both nations discussed and shared advanced initiatives and technologies to support the green transition of the economy. The event underscored the role of advanced lighting technology as an effective solution for emission reduction, contributing to the collective commitment to sustainable development, with lighting seen as the fastest path to net zero.

Business representatives from both nations discussed and shared advanced initiatives and technologies to support the green transition of the economy

Phung Hoai Duong, general manager of Signify Vietnam, said that through lighting solutions for offices, factories, public spaces, and homes, the company continues to call on everyone, from businesses to individuals, to join forces starting today. “Every choice, from adopting energy-saving lighting to changing daily habits, contributes to building a greener future. Only with collective effort can we create positive and lasting change for the environment,” said Duong.

Signify is committed to achieving global net zero by 2040, with a short-term goal of reducing emissions by half by 2030 and cutting emissions across all scopes by 90 per cent by 2040.

In Vietnam, Signify leads the way in introducing energy-saving lighting solutions that protect user health and align with the mission of “unlocking the extraordinary potential of light for brighter lives and a better world”.

In 2023, products supporting climate action accounted for 61–64 per cent of its total revenue, with over 124 million connected light points worldwide.

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