In 2024, the VELUX Group reduced emissions from its own operations by 11% – a 60% decrease from the baseline year in 2020, bringing the company one step closer to its operational emissions target by 2030. VELUX also accelerated its biodiversity and circularity efforts and launched new initiatives within both areas. This progress was documented in the company’s Sustainability Report 2024, launched today.

The VELUX Group has completed biodiversity assessments at six key sites across Denmark, Italy, Hungary, and Poland, kicking off a new company-wide initiative to protect and restore nature. Using a tailored methodology developed with experts, assessments can establish a baseline for biodiversity across all VELUX locations with outdoor green areas, helping to guide future action. This work is part of broader ambitions to reduce our impact on biodiversity and integrate nature solutions across the entire VELUX value chain.

The VELUX Group and Thylander enter a new partner agreement to accelerate the green transition of the Danish construction industry. With this agreement, Thylander is the first investor and developer in Denmark to work with the Living Places principles in future building projects. The plan is to build 500 new rental homes with a low CO2 footprint.

Living Places explores how to build homes with an ultra-low CO2 footprint and an optimal indoor climate using standard materials, methods and technologies available today. After testing Living Places Copenhagen for two months earlier this year, new data makes it clear that there is a strong correlation between a high-quality indoor climate and human well-being.

This year, Living Places Copenhagen has won the prestigious Danish Design Award 2024. The award has a new value-based focus and honours Living Places Copenhagen, developed by the VELUX Group, EFFEKT, Artelia and Enemærke & Petersen, as a pioneering example of design that creates positive change and addresses the major climate and health challenges we face today.