The VELUX Group’s CSR & Sustainability Report 2017 released
The VELUX Group continues to make progress towards reaching its 2020 goals in four focus areas.
The focus areas are:
- Energy and climate
- Zero-waste production
- Sustainable sourcing
- A safe and healthy workplace for all VELUX employees
Our main achievements in 2017 include:
- 34.2% reduction in carbon footprint in all VELUX factories compared to the 2007 baseline
- 97% of waste materials recycled in production
- 99.5% of wood used in VELUX windows in Europe comes from certified, sustainable forests
- 2.5 work-related accidents per one million working hours – five times lower than the comparable industry benchmark
In 2017, VELUX Management Group approved new CSR and Sustainability Policies. They support the UN Global Compact’s 10 principles and will strengthen our global risk management efforts in the future.
The VELUX Group strongly supports the global sustainability agenda; thus, we have sharpened our focus on contributing to the UN Sustainable Development Goals (SDGs) by carefully selecting five targets to maximise our positive impact. The five targets are:
We are proud to see that the VELUX Group is working steadily and securely towards reaching our sustainability targets for 2020. CSR and sustainability is an important part of our business because we are committed to creating better living environments and reducing our environmental impact through sustainable business conduct. It is also a tool we will use even more in the future to connect with our partners, customers and other relevant stakeholders.
To read the report in full, visit our CSR & sustainability website.
About the VELUX Group
For more than 80 years, the VELUX Group has created better living environments for people around the world; making the most of daylight and fresh air through the roof. Our product programme includes roof windows and modular skylights, decorative blinds, sun screening products and roller shutters, as well as installation and smart home solutions. These products help to ensure a healthy and sustainable indoor climate, for work and learning, for play and pleasure. We work globally – with sales and manufacturing operations in more than 36 countries and around 11,000 employees worldwide. The VELUX Group is owned by VKR Holding A/S, a limited company wholly owned by non-profit, charitable foundations (THE VELUX FOUNDATIONS) and family. In 2022, the VELUX Group had total revenue of EUR 2.99 billion, VKR Holding had total revenue of EUR 4.29 billion, and THE VELUX FOUNDATIONS donated EUR 181 million in charitable grants.
For more information about VELUX Group, visit velux.com.