We have established a science-based target for eliminating our Scope 1& 2 greenhouse gas emissions by 2030, compared with baseline year 2020 and are currently making steady progress.  

Although we have concluded that a 100% reduction in our scope 1 and 2 emissions is currently not possible from a technical point of view within the given timeframe, we are looking into the most efficient way to address our remaining emissions.

Key levers for decarbonising our operations include: transitioning to 100% renewable energy and investing in energy efficiency across all our sites, as well as converting our fleets to electric vehicles. We are investing in bioboilers that use onsite wood waste from certified forestry, heat pumps, and other renewable solutions for our production sites.

In 2020, the VELUX Group joined RE100. This global initiative brings together influential businesses committed to accelerating change towards zero carbon grids at scale. By joining RE100, VELUX has committed to sourcing 100% renewable electricity, which was achieved in 2023.

To secure additional renewable electricity, we have signed two renewable Virtual Power Purchase Agreements (PPAs) that have enabled two new solar (photovoltaic) PV parks in Spain. Now connected to the grid, these new solar parks will generate 167GWh of renewable electricity each year. That is enough power to cover all VELUX Group European operations today - and several years ahead - and it constitutes about 90% of our current global electricity consumption.

The remaining renewable power is supplied by onsite solar PV installations and purchase of renewable power certificates in countries where PPAs are not yet possible.