Published: 14th October, 2024
Collective action for change
All hands on deck to protect and restore forests
Climate change and biodiversity loss have reached a point where it is no longer solely an environmental crisis - it is an existential crisis – and today, it is widely acknowledged that we, globally, still have seen limited progress in reaching the Paris Agreement goals.
It is crucial that leaders and decision-makers across governments, companies, financial institutions, and citizens come together to agree on ambitious climate and nature commitments to ensure we have a livable planet in the future. Action is needed at a scale and pace never seen before if we are to solve these crises.
What can we do?
The scale of the change and the loss of biodiversity we are currently experiencing is massive.
Watch the video featuring Kirsten Schuijt, Director General of WWF International, and Fleming Voetmann, Vice President of External Relations and Sustainability at the VELUX Group, as they discuss this topic and explore how companies can take action beyond the value chain.
A project for inspiration
The cornerstone of our 20-year partnership with WWF is our mutual goal of protecting and restoring tropical forests. Nature offers some of the most cost-efficient solutions we have for keeping climate change in line with a 1.5 C pathway, and the best solution at hand for reducing and removing atmospheric carbon is the protection and restoration of tropical forests.
Our ambition with the WWF partnership is to inspire others to take responsibility beyond their value chains – and start to consider what more they can do to help reverse the track that we are on right now where nature and biodiversity are being lost at an alarming scale.
We can’t wait for the perfect solution or technology to take action. In fact, all actions – small and large – count in the joint efforts to help limit the consequences of the climate and nature crises.
FOREST CONSERVATION PROJECTS
Forest conservation with a focus on people, nature, and climate
We are committed to reducing and removing CO2 equivalent to our historical carbon emissions (scope 1 and 2) since our foundation in 1941 and up until 2041 – our 100th anniversary. To help us deliver on this commitment, in 2020 we entered a 20-year partnership with the World Wide Fund for Nature (WWF). Our twenty-year partnership will deliver a portfolio of forest projects that are designed to improve biodiversity and support local communities.
The partnership aims to contribute the verified carbon credits to the host countries’ national climate targets under the Paris Agreement. The credits will not be traded or used for offsetting by the VELUX Group or any other organisation.
Photo: Martina Lippuner, WWF
Read more case stories
WWF FOREST PROJECT
Protecting and restoring the world’s forests
The VELUX Group has financed two new forest conservation and restoration projects in Viet Nam and Madagascar. Like the first forest project in Uganda launched in 2021, these projects are being developed and delivered by the World Wide Fund for Nature (WWF).
WWF FOREST PROJECT
New livelihoods for local communities
In the Albertine Rift in Uganda, where we have financed the first forest project developed and delivered by WWF, local communities are an important part of the regeneration of the forest. Their involvement is vital for reversing forest and biodiversity loss and addressing climate issues.
