VELUX logo
Company
Products
Healthy buildings
Sustainability
Aerial view of a cabin surrounded by dense forest greenery.
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). 

This is an important milestone towards delivering on our target to reduce and remove the equivalent of our historical emissions from our operations since we were founded in 1941 and up until 2041 – our 100th anniversary. 

Two very different landscapes 

The two additional forest projects are designed to stop deforestation and restore natural forests in key biodiversity hot spots. They have been selected based on their climate mitigation impact potential, as well as the long-term sustainability of each project. 

Viet Nam

Project overview

Central Annamites Landscape, Viet Nam
Type of landscape: Tropical forest
Estimated carbon reductions and removals: 2 million tonnes CO2
Project goals: Reduce emissions from deforestation and degradation, increase biodiversity and improve community well-being.
 

Protecting valuable biodiversity

In the mountainous Central Annamites Landscape, the Tay Giang district is home to numerous high-conservation value tree species and medicinal herbs and over 445 species of terrestrial vertebrates. However, over the years, what was once a vast natural forest has been replaced by plantations and agriculture. Biodiversity is further threatened by forest land encroachment, illegal logging, over-exploitation of non-timber forest products, and infrastructure development.

This new project is expected to deliver benefits for people, nature, and climate through a mix of interventions that address the main drivers of deforestation and forest degradation. It will also improve conditions for biodiversity by reducing poaching and snaring and improving and increasing forest cover.

At the same time, the project also aims to improve community livelihoods by focusing on the production and sale of non-timber forest products, such as sustainably produced indigenous medicinal products, bee products, and wild vegetables. To encourage greater ownership of the project among local people, participating communities will be paid by the forest owners to take part in sustainable forest management activities.

Two people setting up a wildlife camera in a forest.
Photo credit: Denise Stilley, WWF Viet Nam

“I am very excited that we can now add new projects to our forest portfolio and that we have managed to find two new locations that focus on different types of forest, wildlife, and local communities.”

- Lars Petersson, CEO of the VELUX Group

Madagascar

Project overview 

Manambolo-Tsiribihina landscape in western Madagascar 
Type of landscape: Mangrove forest 
Estimated carbon reductions and removals: 0.5 million tonnes CO2 
Project goals: Increased mangrove area and carbon stock, improved biodiversity, and increased resilience of local communities in the Manambolo-Tsiribihina landscape

Creating resilient ecosystems 

Thousands of kilometres from the forests of Viet Nam, in Manambolo-Tsiribihina landscape in western Madagascar, WWF is working on a project to preserve and increase the mangrove ecosystems. This area has been classified as a wetland of international importance owing to its exceptional and unique coastal diversity. 

The coastal mangroves in Tsiribhina are critical for supporting small-scale fisheries and crab fishing, which provide food for the local population. They also protect the area from the impact of the storms and cyclones that affect the island. However, these precious ecosystems are currently under significant pressure and the area’s natural resources are being depleted due to agricultural expansion, uncontrolled logging for wood and charcoal production and unsustainable fishing practices. 

Together with local communities and community-based organisations, the project aims to protect mangroves and related hydrological systems and restore degraded and deforested areas. This will contribute to the long-term preservation of the mangrove ecosystems, which are the largest and most intact collection of mangroves in Madagascar. 
Aerial view of coastal village with houses and ocean backdrop.
Tojo Rasolozaka, WWF Madagascar

“The adaption of the Kunming-Montreal Agreement, committing the world to haltering and reversing biodiversity loss by 2030, provides hope, and partnerships such as the one between VELUX and WWF show the way forward.”

- Bo Øksnebjerg, Secretary General, WWF Denmark

The WWF/VELUX Forest Project in Uganda 

In addition to these new projects, WWF is already supporting the VELUX Group with the first forest project in Uganda. The partnership's first forest project is located in Uganda. Kagombe, one of the Central Forest Reserves targeted in the forest project, has seen a deforestation rate of 73% in the past decade. 

Find out more about the forest project in Uganda.
Watch the video
Young plant growing in garden soil surrounded by grass and leaves.
Child in attic room with open VELUX roof window, sunlight streaming in.

Ecovadis platinum rating

In 2025, VELUX achieved Platinum status in the annual EcoVadis sustainability assessment – a significant milestone that marks our progress from a Gold rating in 2024. With a score of 86 out of 100, up from 78 last year, we are now placed in the top 1% of more than 150,000 rated companies worldwide.
Read the full article
Sunlit forest with tall trees and shadows on the ground.

Our commitment to protecting biodiversity and nature

Nature and biodiversity are the foundation of life as we know it. Our commitment to protecting biodiversity is more important than ever - not only because species have an inherent right to exist, but also because our survival depends on the ecosystems they sustain.
Read the full article
Person recycling cardboard near a building with VELUX roof windows.

Altaterra introduces waste-handling solution to reduce emissions

Tackling operational waste and reducing transportation emissions are two critical challenges that must be addressed in the global push towards decarbonisation. Altaterra, part of the VELUX Group, is aligning with these objectives by adopting innovative waste management solutions that reduce both physical waste and carbon emissions.
Read the full article

Celebrating four years of the WWF-VELUX partnership

As of September 1, 2024, we mark the 4th anniversary of the WWF-VELUX partnership, an initiative dedicated to protecting and restoring forests and improving livelihoods. Over the past year, our joint efforts have seen substantial progress within the countries in which we work.
Read the full article
Aerial view of solar panels on a barren landscape.

BayWa 2024 Update

In 2022, the VELUX Group signed two new virtual power purchase agreements with BayWa r.e. that will drive the development of two new solar (photovoltaic) PV parks in southern Spain. The solar plants will generate 167 GWh of renewable electricity annually. That is enough power to cover all the VELUX Group’s European operations today - and several years ahead - and it constitutes about 90% of our current global electricity consumption. Enabling new solar plants is part of our work to achieve 100% renewable electricity and will help us reach the emissions reduction target for our global operations by 2030.  
Read the full article