In 2022, our long-standing efforts in the field of sustainability paid off and so much has happened that we can only mention the most important developments here. Enough preamble – this is what 2022 was all about:
This year, we took further steps in “LEDifying” our business by converting our entire portfolio to LED products. Our commitment to sustainability, innovation and efficiency enabled us to generate up to 70 percent of our turnover with advanced LED and luminaires in 2022. We continued this development by presenting the next evolutionary stage of LED technology – our EVERLOOP system. With EVERLOOP, we are the first major manufacturer in the world to offer luminaires with replaceable drivers and LED modules. The modular design also allows sensors and other components to be retrofitted.
2022 was also the year we joined the SBTi (Science Based Targets initiative) along with more than 4,000 businesses around the world. The SBTi is a global body enabling businesses to set ambitious emissions reduction targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050. The SBTi provides a clearly defined path to reducing emissions in line with the Paris Agreement goals, among others, for businesses in the consumer durables, household, and personal products sectors.
Moreover, we have developed action plans based on the Responsible Minerals Initiative (RMI), which we also joined as a partner member in 2022, to tackle potential issues regarding the sourcing of finished products containing conflict minerals.
We also got recognised for our efforts: LEDVANCE was awarded an EcoVadis silver medal for our achievements in Corporate Social Responsibility in the areas of environmental efforts, ethics, labour and human rights, and sustainable procurement. EcoVadis is one of the world’s largest and most trusted providers of business sustainability ratings.
Many big achievements, but there's one that we haven't mentioned yet. We are particularly proud that we were able to publish our first sustainability report of 2022 in 2023! Download our report here and find out even more about our green agenda.