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 2025 Sustainability Report

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