Lumileds Releases Sustainability Report
In 2020, company averted 6.42 million metric tons of use-phase CO2 through its LED products
LED lighting firm Lumileds has released its 2020 Sustainability Report that details the company's progress in supporting the transition to a low-carbon and sustainable economy. In the report, Lumileds highlights how its lighting solutions contribute to positive changes in energy usage, safety, and health and well-being. In 2020, the company averted 6.42 million metric tons of use-phase CO2 through its LED products.
Lumileds follows a formalised sustainability agenda that identifies specific priorities and tracks progress.
Lumileds has aligned its sustainability efforts with external frameworks such as the United Nations Sustainable Development Goals (SDGs) and identified four SDGs where the most significant contribution can be made: Good Health and Well-Being, Affordable and Clean Energy, Responsible Consumption and Production, and Climate Action.
Lumileds says it Climate Action and environmental results in 2020 were significant with reductions of Greenhouse Gas Emissions, Energy Consumed, Waste Produced, and Water Used.
“Despite the challenges of a global pandemic and its impact on the end markets we serve, Lumileds remained committed and on track toward reaching our sustainability goals,” said Matt Roney, CEO. “Our scientists and engineers continued to increase product performance while achieving significant reductions in energy use, carbon emissions, waste generated, and water consumption.”
Part of Lumileds' mission is its commitment to a safe workplace with diversity and inclusion. In 2020 all Lumileds' manufacturing sites were migrated and certified from OHSAS 18001 to ISO 45001 as the basis for its Occupational Health and Safety Management System.
Lumileds recently reviewed its environmental, social, and governance issues that have the greatest impact on its business and the highest importance to its stakeholders. From that effort, nine priority issues form the focus of Lumileds' sustainability efforts. Those are: Employee Health and Safety, Product Energy Efficiency, Circular Economy, Business Ethics, Responsible Supply Chain, Hazardous Substances, Employee Engagement and Workforce Diversity, Improving Vehicle and Road Safety, Climate Change and Carbon Footprint
The priority issues have been used as the foundation for it 2025 commitments which include reducing its environmental footprint by more than 15 percent on energy, emissions, water and waste as well as achieving Supplier Sustainability Performance at 95 percent.