Velan Inc 2025 Sustainability Report
Company: Velan Inc
Sector: Manufacturing
Country: Canada
Year: 2025
Type: Sustainability Report
Pages: 72
The report presents Velan's inaugural sustainability disclosures for FY2024-25, including a double materiality assessment that identified 15 material issues and six critical issues. It reports FY25 energy consumption of 116,509 GJ, 31% renewable energy, Scope 1 emissions of 3,667 tCO2e and Scope 2 emissions of 2,341 tCO2e. The company also highlights waste reduction, water-management initiatives, solar projects, and a new global Safety Maturity Model. Sustainability governance is organized through a Sustainability Leadership Team and Sustainability Committee, with ultimate responsibility assigned to the Board.
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