VELUX Group wins EY Innovation Award 2023 for housing project with Denmark’s lowest CO2-footprint

Thursday night,  the VELUX Group was awarded EY’s Sustainability Award in the Innovation category at an event hosted by EY and the Danish Chamber of Commerce in Copenhagen, Denmark. The group received the prestigious award for Living Places – a housing project that demonstrates that it is possible to build homes with a three times lower CO2 footprint than the Danish standard.  

The Innovation Award is given to a company that, with an innovative initiative, has created clear and positive change with a documented effect and set new standards in one or more areas. The independent jury sees the VELUX Group as a good example of a company that dares to push an agenda that affects us all and that uses existing methods in a new way and thereby contributes to the green transition.

says Jan C. Olsen, CEO, EY Denmark

Director of Sustainable Buildings in the VELUX Group, Lone Feifer, received the award together with Lars Petersson, CEO in the VELUX Group and Tina Mayn, Executive Vice President for Products in the VELUX Group.

We are very proud to receive this award. Our Living Places project has been underway for more than three years, and together with our good partners, we have shown how we can build homes with a record low CO2 footprint, which are affordable and have a first-class indoor climate, already today. We are proud of the results we have achieved and it is great to see that our work is recognized and appreciated. We hope that the project can help push the construction industry in a more sustainable direction and look forward to scaling the project.

says Lone Feifer, Director of Sustainable Buildings in the VELUX Group

At VELUX, we have a concrete objective to help push our own industry to set new standards for sustainable construction and for the past 20 years we have worked with various demonstration projects focusing on just that. The results that we have created together with our partners at Living Places are a continuation of the innovation and the experiences that we have gained through those projects, and therefore, we are especially happy to receive the Innovation Award.

adds Tina Mayn, Executive Vice President for Products in the VELUX Group

About Living Places
In April 2023, the VELUX Group and its partners opened the doors to Living Places Copenhagen – a building project consisting of seven prototypes that show how we can build future homes with a significantly lower CO2 footprint. Living Places Copenhagen is the first prototype under the overall concept – Living Places – which has been developed by the VELUX Group, EFFEKT architects and Artelia engineers. The vision is to lead the way within the construction industry and show how rethinking construction and buildings can help solve some of the global climate and health challenges. The concept is based on five key principles that can be applied to both new and older buildings and communities: housing must be healthy, simple, scalable, affordable and can be shared over time.


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 37 countries and around 11,700 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.

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