Sustainable buildings for the Living Places project in Copenhagen

Working to drive change

Sustainability at the VELUX Group

Our contribution to a more sustainable building sector

VELUX roof windows are designed to transform living spaces by harnessing natural daylight and enhancing indoor air quality, promoting well-being and creating healthy indoor environments. Since our founding in 1941, VELUX has remained committed to delivering products that are both functional and beneficial to society, driving innovation in energy-efficient windows and sustainable ventilation solutions.

Today, as buildings account for nearly 40% of Europe’s energy consumption, improving indoor climates with sustainable building solutions is more critical than ever. At VELUX, we aim to be part of the solution by creating energy-efficient, affordable, and healthy buildings, ensuring a positive impact on both people and the planet.

16% reduction
We reduced our scope 1&2 market-based emissions by 16% from 2022 to 2023. This marks a 56% reduction since 2020.
100% achieved
In 2023, we achieved 100% documented renewable electricity across the VELUX Group.
28% reached
In 2023, the representation of women in management increased by 2 percentage points from 2022, reaching a total of 28%.
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DECARBONISATION
Powering ahead with greener logistics
There is significant potential for reducing scope 3 emissions that lies in transport flows between our factories and distribution centres. This is why we are focusing on leveraging greener transport options such as rail, BioLNG, and HVO fuels.
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DECARBONISATION
Altaterra's waste-handling solution
Altaterra has made significant steps towards reducing both their transportation and scope 3 emissions, showing how operational improvements can significantly impact environmental sustainability.
Women at a window letting daylight into the home
OUR APPROACH
Centring sustainability at the heart of our business

Ever since our founding, the VELUX Group has been shaped by our Model Company Objective.

In 2023, we took the next natural step and fully integrated sustainability into our corporate strategy. This will help to ensure that sustainability is at the very heart of our business and part of all aspects of our organisation - from selecting our suppliers to the way we design our products right until their end-of-life handling.

SUSTAINABILITY REPORT 2023
CLIMATE AND NATURE

 

Our decarbonisation commitments

We are committed to reducing emissions from our own operations and our value chain. To do so, we have set targets that follow the most ambitious pathway of the Paris Agreement and have been validated by the Science Based Targets initiative.

By 2030, we aim to eliminate our operational (scope 1&2) emissions without using carbon offsets and halve our value chain (scope 3) emissions in absolute terms compared with 2020.

Clouds over a green forest in Viet Nam
CLIMATE & NATURE
Our partnership with WWF

We finance forest projects that reduce and remove CO2 equivalent to our historical CO2 emissions. The projects are designed and delivered by the World Wide Fund for Nature (WWF). Our twenty-year partnership will deliver a portfolio of forest projects in tropical forest landscapes with high biodiversity value that will create positive change for people, nature, and climate.

The partnership aims to contribute the verified carbon reductions and removals generated by the forest projects to the host countries' climate commitments. This means that the verified carbon reductions and removals will not be traded nor used for offsetting by the VELUX Group.

 

Photo: Nguyen Ngoc Quang, WWF-Viet Nam