Velux has made another major step towards its sustainability goals, cutting emissions from its own operations by 11% in 2024.
That brings its total reduction to 60% since 2020, according to the company’s latest sustainability report.
The drop, from 52kt CO2e in 2020 to 21kt CO2e last year, is largely due to a shift to renewable energy and improved energy efficiency at production sites.
Velux is also pushing to cut emissions across its supply chain, signing a ten-year deal with steelmaker ArcelorMittal for lower-carbon steel.
Beyond emissions, the company is focusing on circularity and biodiversity. It launched four pilot projects in different markets to explore take-back schemes, refurbishment and maintenance services.
“Next step will be to focus on how to implement circularity across our business – from the product design all the way to end of use – and most importantly, to do this together with our customers,” said CEO Lars Petersson.
On biodiversity, Velux developed a new assessment method to measure the impact of its sites and has begun implementing local ecosystem improvements in Denmark, Poland, Italy and Hungary.
