Once upon a time.. on the PTS long long ago... There was a "torch" personality listed under personalities. I believe it disappeared after the first PTS patch.
I think a personality may be better suiting for long occurrences.. but I could see use for a short lived torch memento too
There is a torch emote. Of course you have to be standing still to use it, but it's there.
- A torch
- A spyglass