VELUX Group Maintains Top 3% Global Ranking in Sustainability with Consecutive Gold Ratings from EcoVadis

VELUX Group Maintains Top 3% Global Ranking in Sustainability with Consecutive Gold Ratings from EcoVadis

(IN BRIEF) VELUX Group has been awarded a gold rating by EcoVadis, a leading global provider of sustainability assessments, for the second consecutive year. The company improved its score by 7 points in 2024, achieving 78 points, which places it among the top 3% of companies worldwide. VELUX aims to reach a platinum rating, which would place it in the top 1% globally, reflecting its commitment to continuous improvement in environmental, social, and governance (ESG) practices.

(PRESS RELEASE) COPENHAGEN, 28-Aug-2024 — /EuropaWire/ — The VELUX Group has once again been recognized for its commitment to sustainability, earning a prestigious gold rating from EcoVadis, the leading global provider of business sustainability assessments. This marks the second consecutive year that VELUX has received this accolade, reflecting the company’s continuous improvement in environmental, social, and governance (ESG) practices.

In 2024, VELUX achieved an impressive score of 78 points, a significant increase of seven points compared to the previous year. This score places the company within the top 3% of businesses worldwide, showcasing its leadership in sustainable business practices. The EcoVadis rating scale ranges from 0 to 100, with higher scores indicating stronger performance across various sustainability criteria.

“We are deeply honored to receive the EcoVadis gold rating for the second year running,” said Fleming Voetmann, Head of External Relations and Sustainability at VELUX Group. “This achievement underscores our dedication to driving sustainability within our industry. As ESG considerations become increasingly critical to our stakeholders, this recognition affirms that we are on the right path.”

Looking ahead, VELUX Group is setting its sights on an even higher goal: achieving the platinum rating, which would place the company among the top 1% of companies globally. “Our ambition is to continuously challenge ourselves by setting bold targets,” Voetmann added. “While achieving a platinum rating will require time and depend on the performance of our peers, our primary focus remains on making a positive impact within the industry.”

The EcoVadis rating process is known for its thoroughness, requiring companies to provide extensive documentation across various aspects of their operations. VELUX Group’s consistent performance demonstrates its strong commitment to sustainability and its role as a leader in the industry.

About the VELUX Group

VELUX roof windows have been bringing daylight and fresh air into peoples’ homes around the world for more than 80 years, creating better living environments. We offer a range of products including roof windows and modular skylights, decorative blinds, sun screening products, and roller shutters, as well as installation and smart home solutions. They help create bright, healthy, and energy-efficient places for people who live, work, learn, and play under the roof. We work globally – with sales and manufacturing operations in 37 countries and around 11,700 employees worldwide. The VELUX Group is owned by VKR Holding A/S, a limited company owned by the Villum Foundation and members of the Kann Rasmussen family. In 2023, the VELUX Group had a total revenue of EUR 2.91 billion while VKR Holding had a total revenue of EUR 3.97 billion. The same year, the Villum Foundation and the VELUX FOUNDATION donated a total of EUR 184.6 million in charitable grants.

For more information about the VELUX Group, visit velux.com.

About EcoVadis 

EcoVadis helps companies manage, measure, and improve their sustainability performance across the entire value chain. The EcoVadis “Sustainability Rating” is a detailed assessment of companies’ sustainability performance in areas such as environment, labour, human rights, ethics, and sustainable procurement. To date, EcoVadis has evaluated more than 130,000 companies globally.

For more information about EcoVadis, visit ecovadis.com.

Media Contact:

Christian Skov Hansen
Head of Press, VELUX Group
christian.hansen@velux.com
+45 21 71 95 86

SOURCE: VELUX Group