VELUX on COP21: A step in the right direction
The VELUX Group is satisfied with the result of the COP21 negotiations – it is an important international step in the right direction. But it also opens possibilities from a VELUX perspective and for as such.
For the first time, the Paris conference saw buildings on the agenda of COP negotiations. As they account for some 40 per cent of European energy consumption and CO2 emissions, it makes eminently good sense to incorporate buildings in the efforts to reduce both.
We are satisfied with the result of the COP21 negotiations in Paris. It’s good news for the environment but it’s even better news for us that, for the first time, buildings were on the agenda. They are responsible for a large percentage of CO2 emissions – and the solutions are staring us in the face. Building energy renovation projects can be started at very short notice; they would also make a valuable contribution to economic growth throughout Europe,
90 per cent of the existing building stock in Europe will still be in use in 2050. And 75 per cent of those buildings are energy inefficient. The VELUX Group has constructed a series of experimental buildings throughout Europe to show that the tools needed for environment-friendly construction are already available. Next April, the Group will complete an example of energy renovation in a social housing estate in Belgium.
“But in the housing area, it’s important to focus not only on cutting energy consumption but also on creating healthy homes. Otherwise, if a healthy indoor climate and human comfort are not taken into consideration, we may later be presented with a bill for public health problems,"
The VELUX Group’s core business areas are Western Europe and the USA. But is sees significant potential in former Eastern Europe, where the need for home renovation is much greater than in Denmark and other countries in Western Europe. Less than 5 per cent of the company’s sales are made in Denmark.
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.