VELUX is a Danish company that specializes in the production of windows and doors. Founded in 1941, the company has been a leader in the industry for over 80 years, providing high-quality products that are both functional and aesthetically pleasing. With a focus on sustainability and decarbonisation, VELUX has become a leader in the corporate energy sector, using renewable energy sources to power its operations and reduce its carbon footprint.
One of the key ways that VELUX has worked to reduce its carbon footprint is through the use of renewable energy sources. The company has invested heavily in solar power, wind power, and other forms of renewable energy, with the goal of becoming carbon neutral by 2030. To achieve this goal, VELUX has implemented a number of initiatives, including the use of corporate PPAs (power purchase agreements) to secure renewable energy at a fixed price.
Corporate PPAs are agreements between a company and a renewable energy provider, in which the company agrees to purchase a set amount of renewable energy at a fixed price. This allows the company to reduce its carbon footprint and support the growth of renewable energy, while also providing a stable source of energy for its operations. VELUX has been a leader in the use of corporate PPAs, signing agreements with a number of renewable energy providers to secure clean energy for its operations.
In addition to its use of renewable energy, VELUX has also implemented a number of other initiatives to reduce its carbon footprint. The company has invested in energy-efficient technologies, such as LED lighting and energy-efficient windows, to reduce its energy consumption. It has also implemented a number of waste reduction and recycling programs, to minimize its impact on the environment.
VELUX's commitment to sustainability and decarbonisation is reflected in its corporate culture, which places a strong emphasis on social responsibility and environmental stewardship. The company has a dedicated sustainability team, which is responsible for developing and implementing sustainability initiatives across the organization. This team works closely with other departments, such as procurement and operations, to ensure that sustainability is integrated into all aspects of the business.
One of the key initiatives that VELUX has implemented to promote sustainability is its "Model Home 2020" project. This project involves the construction of a series of energy-efficient homes, which are designed to showcase the latest in sustainable building technologies. The homes are built to the highest standards of energy efficiency, using renewable energy sources and other sustainable technologies. The project has been a huge success, with the homes receiving widespread recognition for their innovative design and sustainability features.
In addition to its sustainability initiatives, VELUX is also committed to corporate social responsibility. The company has a number of programs in place to support local communities, including a scholarship program for students in Denmark and a program to support the development of sustainable agriculture in Africa. VELUX also has a strong focus on employee wellbeing, with a number of programs in place to support the physical and mental health of its employees.
Overall, VELUX is a company that is committed to sustainability, decarbonisation, and corporate energy. Through its use of renewable energy, corporate PPAs, and other sustainability initiatives, the company is working to reduce its carbon footprint and promote the growth of renewable energy. With a strong focus on social responsibility and employee wellbeing, VELUX is a company that is leading the way in sustainable business practices.