Decarbonising our value chain

In the VELUX Group, 98% of our carbon footprint relates to scope 3 emissions and comes from outside our own operations, the majority from the materials used in our products. To reach our targets of reducing CO2e from our value chain, we have identified and are working with several decarbonisation levers, such as:

  • Long-term partnership agreements with key suppliers
  • Carbon reductions targeting a broader range of suppliers with focused projects
  • Optimisation and material reduction of existing products and materials
  • Innovation roadmaps towards the design of new product platforms
  • Optimising our logistics set-up to decrease the footprint

 

Guided by data

To help us measure and report our value chain emissions, we ask our suppliers to report data through CDP, a carbon disclosure organisation. The supplier-specific emission data allows us to get a more accurate picture of our value chain emissions and we use the data to guide us and ensure that our decarbonisation initiatives have the required effect. We also encourage our top suppliers to set their own emissions reduction targets in line with science.



Supplier partnerships to remove carbon

With more than 90% of the VELUX Group’s carbon footprint coming from the materials used in our products, we are focused on the development of low-carbon materials. To do this, we have established partnerships with a number of suppliers including:

Hydro: working to reach a level of 2.0 kg per kg of aluminium by 2030 (one-fifth of the European average).

ArcelorMittal: working to lower the embedded CO2 in the steel used by up to 70% compared with conventionally produced steel.

Novelis: working to reach below 4.0 kg carbon per kilogram of supplied rolled aluminium by end of 2024 (below half of the average carbon footprint of primary aluminium used in Europe).

 

Read more about how we are partnering for change

 

Setting expectations with suppliers

We have added specific decarbonisation expectations to our Requirements for VELUX Suppliers. In our guidelines for suppliers, we ask that they:

  • Set science-based emissions reduction targets for scopes 1, 2, and 3
  • Work towards 100% renewable electricity
  • Offer verified lower-carbon products, services, and activities
  • Publicly disclose targets and emissions
FOREST CONSERVATION PROJECTS
Forest conservation with a focus on people, nature, and climate

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: Martina Lippuner, WWF