Sustainability report 2024
We want to be transparent about our sustainability efforts. We do this by publishing an annual sustainability report.
Since 2011, we have published an annual sustainability report with comprehensive information about our company and how we seek to reduce our negative social and environmental impact.
Since 2011, we have published an annual sustainability report with comprehensive information about our company and how we seek to reduce our negative social and environmental impact.
SUSTAINABILITY REPORT 2024
2024 Highlights
In 2023, we fully integrated our sustainability targets into our corporate strategy. In 2024, we are happy to be able to report clear and transparent progress on the sustainability targets most relevant to our customers and stakeholders. Some of the most notable progress indicators include:
Gold rating by EcoVadis
We received a gold rating from the global sustainability ratings organisation EcoVadis. This recognition, for the second consecutive year, reflects our commitment to integrating sustainable practices across our organisation.
Supplier partnership
We signed a long-term agreement with ArcelorMittal to supply lower-carbon emission steel. Metals (excluding aluminium), of which steel constitutes the main part, account for 6% of our total scope 3 emissions.
Understanding our biodiversity impact
We created biodiversity baseline assessments and future potential biodiversity scores for six VELUX Group sites in Denmark, Italy, Hungary and Poland. This is part of the first steps for us to improve biodiversity at our own sites.
Decarbonising our operations
We continued to make good progress on reducing our scope 1 and 2 greenhouse gas (GHG) emissions, with an overall reduction of 11% in 2024. This was driven by an ongoing switch to renewable energy sources and improvements in energy efficiency at our production sites.
Women in management
The number of women in management increased globally from 28% in 2023 to 31% in 2024. It is an integral part of our diversity, equity and inclusion efforts to employ people with different skills, backgrounds and experience.
Previous reports