October 12, 2021
New Delhi, India –Signify (Euronext: LIGHT), the world leader in lighting, has been recognized by Great Place to Work® Institute as one of India’s 100 Best Workplaces for Women in 2021, in the large companies’ category.
Signify is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Its Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces.
From the 712 organizations that participated this year, 512 organizations met the eligibility criteria of women employees constituting at least 10 per cent of their workforce and women employees sharing at least 70 per cent positive feedback on the Trust Index. The qualifying organizations were then evaluated basis gender parity in experience and representation across levels to arrive at this prestigious list of India’s 100 Best Workplaces for Women 2021.
Commenting on this achievement, Sumit Joshi, CEO and MD, Signify Innovations India, said, “We are proud to be recognized as one of India’s 100 Best Workplaces for women this year. At Signify, we believe that a diverse workforce and an inclusive work environment are essential for our business success and long-term value creation. We are an equal opportunity employer committed to diversity, equity and inclusion in the workplace and over the past few years, we have made sustained efforts to create a company culture that enables our women employees to thrive and grow. This recognition is a testament to our efforts in this direction.”
Signify has been recognized amongst India’s 100 Best Companies to Work for, four times in the past five years, by the Great Place to Work® Institute. This year, the company achieved its best ever ranking, moving up 11 places to the 57th spot. Additionally, the company has also been recognized as one of the Best Multinational Workplaces in Asia in the year 2021.