Acuity Brands Inc (Acuity Brands) provides lighting and building technology solutions and services. The company’s product portfolio includes luminaires, lighting components, power supplies, lighting controls, building management systems, and location-aware applications. It distributes and markets products to retail home improvement centers, electrical distributors, electric utilities, system integrators, national accounts, utility distributors, digital retailers, value-added resellers (VARs), lighting showrooms, Original Equipment Manufacturers (OEMs), developers, and energy service companies. Acuity Brands markets its products through independent sales agencies and direct sales force across North America; system integrators and independent international sales agencies across Europe; and international sales groups outside Europe and North America.

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The company’s R&D focuses on enhancement of existing products and the development of new products to meet the changing customer needs and market trends while improving the energy efficiency and performance-to-cost ratio. Its R&D also focuses on the development of software applications and features to improve data analytics offerings. In FY2023, the company spent US$97.1 million on R&D, as compared to US$95.1 million in FY2022, which as a percentage of revenue stood at 2.1%.