Our historical CO₂ to be captured through forest conservation with WWF

We will capture our historical carbon emissions – since our foundation in 1941 - by investing in forest and biodiversity projects developed and managed by the World Wide Fund for Nature (WWF). 

At a time when the planet is facing dual climate and nature crises, we want to raise the bar for corporate climate and nature action. That is why we initiated a collaboration with WWF to help halt habitat loss and preserve biodiversity, which is crucial to achieve a sustainable future. 

Our partnership with WWF will conduct a portfolio of forest projects in tropical forest landscapes with high biodiversity value. These projects around the world will capture at least 4.5 million tonnes of CO₂e, equivalent to the VELUX Group’s historical CO₂ emissions since it was founded in 1941 and until its 100-year anniversary in 2041 (scope 1 and 2). The projects will be designed with a 25% buffer, bringing the total estimated carbon capture to 5.6 million tonnes of CO₂.

Definitions of scope 1 and 2