SIGNIFY use case for IPR in circular economy

SIGNIFY use case for IPR in circular economy

Signify, formerly known as Philips Lighting, stands as a global leader in innovative and sustainable lighting solutions. As industries increasingly shift towards circular economy models, Signify exemplifies how businesses can integrate sustainability into their core operations while maintaining technological leadership. Through pioneering developments in LED lighting, connected systems, and service-based business models like "Lighting as a Service" (LaaS), the company has redefined how lighting products are consumed, maintained, and recycled.

This module explores Signify’s journey—from its origins as part of Philips to its transformation into an independent, sustainability-driven company. You will gain insights into its diverse product offerings, service models, and intellectual property strategies that support circularity. By examining Signify’s approach to product longevity, recycling, and energy efficiency, we will uncover how companies can align profitability with environmental responsibility. Through this case study, you will learn how innovation in business models can drive both commercial success and a reduced ecological footprint.