The VELUX Group and Schneider Electric announced that the companies have executed a new extended partnership agreement. The agreement will enable the VELUX Group to reach its company carbon neutral goal by 2030 and accelerate its plans to be Lifetime Carbon Neutral in response to an increasing need to proactively address climate change. The broadened focus of the partnership will further the VELUX Group’s ambition to be 100% carbon neutral (scope 1 and 2) by 2030 – decades ahead of other corporate targets – and Lifetime Carbon Neutral by the Group’s 100-year anniversary in 2041. This pioneering commitment means the Group has committed to capture its historical carbon footprint, reduce its future carbon emissions in line with and beyond the prevailing climate science behind the Paris Agreement’s 1.5°C scenario, and partner with World Wide Fund for Nature (WWF) on forest conservation projects around the world. The VELUX Group is also working to halve carbon emissions across its value chain (scope 3) by 2030.