Velan Inc 2025 SR
The report is Velan's inaugural sustainability report for fiscal year 2024-2025, detailing its Climate, Community, and Compliance framework. Key highlights include achieving a 31% renewable energy mix, a 9% reduction in Scope 2 emissions, and using 95% recycled raw materials in production. The company conducted its first double materiality assessment and established long-term targets for 2035, including a 50% reduction in carbon emissions intensity. The report also emphasizes occupational health and safety through a new maturity model and highlights community development initiatives in education and sanitation.
Company: Velan Inc
Sector: Industrials
Country: Canada
Year: 2025
Type: SR
Pages: 72
Velan Inc
Sustainability Report
The report is Velan's inaugural sustainability report for fiscal year 2024-2025, detailing its Climate, Community, and Compliance framework. Key highlights include achieving a 31% renewable energy mix, a 9% reduction in Scope 2 emissions, and using 95% recycled raw materials in production. The company conducted its first double materiality assessment and established long-term targets for 2035, including a 50% reduction in carbon emissions intensity. The report also emphasizes occupational health and safety through a new maturity model and highlights community development initiatives in education and sanitation.
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Document Details
Report Year
2025
Reporting Period
Mar 1, 2024 - Feb 28, 2025
Fiscal Year
2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Employees