The VELUX Group and Schneider Electric Announce Extended Partnership to Accelerate Lifetime Carbon Neutral Commitment
The VELUX Group has selected Schneider Electric to build an accelerated decarbonisation strategy to enable fast delivery on its Lifetime Carbon Neutral commitment. The extended partnership builds on previously announced renewable energy advisory services.
The VELUX Group, the world leader in roof windows and skylights, and Schneider Electric, the global leader in the digital transformation of energy management and automation today announced that the companies have executed a new extended partnership agreement to enable the VELUX Group to reach its Company Carbon Neutral goal by 2030 and accelerate its overall commitment to become Lifetime Carbon Neutral in response to an increasing need to proactively address climate change.
Building on the announcement earlier this year that Schneider Electric will help VELUX source the equivalent of 100% renewable electricity by 2023 to achieve its RE100 target, under the new agreement, Schneider Electric will develop a global programme with zero-carbon action plans for each of the VELUX Group’s factory sites to successfully reduce their energy use and scale renewable capacity.
We, collectively – corporations, government, and society – must do more to address the climate crisis and reduce our carbon emissions, and we must move faster. The VELUX Group is removing operational barriers – and we’ve established a significant, dedicated climate budget – to increase and prioritize our climate strategy and ambitions. We selected Schneider Electric as our partner in this journey because of our shared values and Schneider’s ability to help us develop and realise an accelerated global programme. Our partnership will ensure that we move as quickly as possible,
The broadened focus of the partnership will further the VELUX Group’s ambition to be 100% carbon neutral (scope 1 and 2) by 2030 – decades ahead of other corporate targets – and Lifetime Carbon Neutral by the Group’s 100-year anniversary in 2041. This pioneering commitment means the Group has committed to capture its historical carbon footprint, reduce its future carbon emissions in line with and beyond the prevailing climate science behind the Paris Agreement’s 1.5°C scenario, and partner with World Wide Fund for Nature (WWF) on forest conservation projects around the world. The VELUX Group is also working to halve carbon emissions across its value chain (scope 3) by 2030.
It is our honour to be selected by the VELUX Group as their carbon neutrality partner. Accelerated climate action is essential for us to avoid the worst impacts of global warming. We know it’s possible – today – to reach a 1.5°C warming scenario through proven decarbonisation solutions like resource efficiency, onsite and offsite renewable energy procurement, and quality carbon credits and offsets. We commend the VELUX Group for recognizing the urgency of climate change, accelerating their climate ambitions, and setting the gears in motion to reach net-zero well before 2050,
The three-year partnership includes all VELUX factory sites. Schneider Electric – recognised last February as the world’s most sustainable corporation in 2021 by the Corporate Knights Global 100 Index will develop a global decarbonisation programme, including the following:
- Energy assessment of all VELUX Group factory sites resulting in the development and implementation of zero-carbon action plans;
- Support of VELUX Group’s Energy Excellence programme in accordance with ISO50001, improving energy efficiency activities and expanding onsite renewable heating and electricity capacity to phase out fossil fuels; and
- Implementation of a global monitoring system through Schneider Electric’s EcoStruxure™ Resource Advisor to measure and analyse energy usage.
VELUX will pilot the zero-carbon action plans at two of the company’s top energy-consuming plants, which represent approximately 25% of all energy used in VELUX production: JTJ Sonneborn Industrie GmbH in Germany and NM Polska Sp. z o.o. in Poland. Significant investments will be made at these sites to convert to renewable heating sources by installing heat pumps powered by green electricity and using wood waste from certified (FSC/PEFC) forests produced on site. VELUX will also invest in on-site solar photovoltaic energy installations and continue to improve the sites’ energy efficiency by optimising supply systems, production processes, and energy management.
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.