Reduce our future carbon footprint

We will reduce the future carbon emissions of our own operations and from our value chain, in line with what climate science says is necessary to limit global warming to 1.5°C above pre-industrialisation levels.

By 2030, we will be a 100% carbon neutral company (scope 1 and 2) and reduce our carbon emissions from our value chain by 50% (scope 3).

Becoming a carbon neutral company

Our global Company Carbon Neutral Programme will ensure that we increase our energy efficiency, secure procurement of 100% renewable electricity by 2023, and enable a transition to 100% renewable energy by 2030.

We have signed renewable Power Purchase Agreements with BayWa r.e. to enable two new major solar PVe plants in Southern Spain. Once completed in 2023/2024, these two plants will produce enough power for all VELUX Group European consumption.

Working with suppliers to drive change

98.6% of our carbon footprint relates to scope 3 emissions and comes from outside our own operations. The majority of our total carbon footprint (56.1%) relates to materials used in our products and an additional 11% from equipment and other goods that we purchase for use in our operations.

We are working with our supply chain to meet our target to halve emissions from our value chain. We have started forming strategic partnerships with suppliers to source materials with a lower carbon footprint. In 2022, we announced two strategic partnerships with aluminium suppliers Hydro and Novelis.

Read more about our strategy to reduce scope 3 carbon emissions in our sustainability report.

Definitions of scope 1, 2 and 3

Scope 1 includes direct emissions from owned or controlled sources, e.g. company facilities, company cars.

Scope 2 includes indirect emissions from the generation of purchased electricity, steam, heating and cooling consumed by the reporting company.

Scope 3 includes all other indirect emissions that occur in a company’s value chain, e.g. purchased goods and services, waste generation and transportation.