Ethical investments

We invest in an ethical manner. Ethical investments matter to us because we believe that they can contribute to attaining sustainable-development goals and to solving a number of other challenges we face.

We rank our investments based on how socially responsible they are (see figure below).

Our aim is for our investments to rank as highly as possible while still living up to our goal of achieving the highest possible returns.

Twice a year, we review our portfolio of stocks and bonds to determine whether they meet the UN Global Compact for sustainable and socially responsible business practices. We seek to engage those companies that fail to live up to Global Compact guidelines.

Responsible investment policy


Tax Code of Conduct

Tax revenues form a crucial component in a well-functioning society, and thus, it is a high priority for us. Together with other Danish foundations, we have joined a Tax Code of Conduct developed by several of Denmark's largest pension funds.

The foundations adopt the pension sector's Tax Code of Conduct.

You can read the press release from 21.12.2020 here.

Environmentally responsible investments

We seek to place 10% of our tied-up assets in environmentally responsible investments that contribute to reducing the effects of global warming and to more efficient resource consumption. Initiatives in whcih we invest may include renewable energy, energy efficiency and research and development of new sustainable energy forms.

The foundations' green investments

Since 2013, the foundations have invested an increasing proportion of their assets in green impact funds

Contact us

Anders Lyngaa Kristoffersen
Head of Impact Investments, THE VELUX FOUNDATIONS
+45 24 98 76 16