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Corporate Responsibility 2014

Highlights Approach The VELUX FOUNDATIONS



VELUX representing Denmark at European Business Awards
The VELUX Group has been selected as a National Champion representing Denmark in the 2015/16 European Business Awards in the category for The Award for Environmental & Corporate Sustainability.

Adrian Tripp, CEO of the European Business Awards said: “Congratulations to VELUX Group and all the companies that have been selected to represent their country as National Champions, they play an important part in creating a stronger business community.”

As a National Champion The VELUX Group will go on to compete in the next phase of the competition resulting in successful organisations being short-listed as one of 10 Ruban d’Honneur recipients in The Award for Environmental & Corporate Sustainability.

The European Business Awards is Europe’s largest and most significant cross-sector business recognition programme. Now, in its 9th year engaged with over 32,000 business from 33 European countries this year.

European Business Awards


Historically low numbers of accidents
For the second year in a row, we had the lowest number of accidents ever; in 2014, we recorded only 11. This equals 0.9 accidents per 1 million working hours and 0.2 lost working hours per 1,000 due to accidents. The result shows that our relentless focus on safety makes a difference − and we are determined to continue that work.

Historically low number of work accidents


CO2 emissions reduced by 29%
We achieved a decrease in our CO2 emissions compared to 2013, and our overall emissions have been reduced by 29% compared to the 2007 baseline. Our 2020 goal is to reduce CO2 emissions by 50%. To achieve this, we have started an energy management programme at all our European locations, factories as well as sales companies.


VELUX products have a positive CO2 footprint
Life cycle assessments show that, in many cases, a VELUX roof window has a positive CO2 balance in the course of its life cycle. This means that the positive energy contribution of the roof window due to passive solar gain during the use phase exceeds the energy consumption for production, distribution, installation and maintenance. And if a VELUX energy blind is added, the CO2 savings are improved by 36%.


Contributing to society
A share of the VELUX Group’s profit is paid back to society via THE VELUX FOUNDATIONS. They support scientific, environmental, social and cultural purposes around the world and operate independently of the VELUX Group. In 2014, THE VELUX FOUNDATIONS established the KR Foundation with the purpose of engaging in environmental issues and supporting international efforts that encompass the interaction of climate and economy.



CR reporting requirements and certifications

Statutory reporting on CR (Danish)