ESG
Our Commitment
in Action
At Velosity, we recognize the pivotal role manufacturers play in shaping sustainable practices and advancing environmental responsibility. Our commitment to sustainability permeates every aspect of our operations, from material selection to innovative manufacturing processes.
We champion eco-conscious practices by integrating energy-efficient techniques, waste reduction strategies, and circular economy principles into our operations. These efforts enable us to align with evolving customer expectations, offering eco-friendly solutions, fostering supply chain transparency, and ensuring compliance with regulatory standards.
ESG Focus Areas
At Velosity, we are more than manufacturers—we are leaders in driving sustainable innovation, operational excellence, and ethical business practices. Our commitment to environmental, social, and governance (ESG) principles ensures that sustainability remains a core pillar of our operations, meeting the needs of today while building a better future.
Regulatory Compliance
& Liability Risk
- Environmental compliance
- Employee health and safety
- Cybersecurity and data security
- Labor practices and business ethics
Operational Excellence &
Continual Improvement
- Waste, water, and energy reduction
- Global supply chain management
- New product development with a design-for-environment approach
Employee Recruitment
& Engagement
- Fostering employee engagement and reducing turnover
- Providing equal opportunities for inclusion, growth and development for all employees
Setting the Standard in Manufacturing
We strive to deliver innovation to the contract manufacturing landscape while embracing Environmental, Social, and Governance (ESG) principles.
Velosity delivers world-class mold building, injection molding, precision machining, and custom contract manufacturing services for the medical device and defense industries. Operating in this highly regulated environment demands agility and compliance. ESG principles are the cornerstone of how we adapt to evolving regulations and customer expectations.
Environmental
- 74,057 pounds of recycled plastics in 2024
- 32,782 pounds of recycled metal in 2024
- 72% reduction in cutting oil use, saving approximately ~5,000 gallons
- 99% of facilities’ light bulbs retrofitted with LED lighting
Social
- 34% of all employees are women
- 12% employee voluntary turnover rate compared with the industry average of 20%
- 30% of promotions in 2024 advanced underrepresented groups
- 12% of employees have been with the company for more than 15 years
- 7 years is the approximate average employee tenure
Governance
- 10+ in Corporate Stewardship Assessment required for suppliers
- 100% compliance with our Supplier Code of Conduct among top 10 suppliers targeted by 2025
- ESG practices are emphasized in the supplier approval process
- CMMC Level 2 Aligned with NIST SP 800-171 & CSF 2.0
ESG
2024 ESG Report:
Innovation with Purpose
At Velosity, we are driven to shape a better, more responsible future. Our 2024 ESG Report highlights the progress we’ve made, and the path ahead, as we continue to lead with integrity, innovation, and impact. Explore how our commitment to Environmental, Social, and Governance principles is fueling long-term value for our customers, employees, and communities.
LET’S COLLABORATE
Partner with Velosity for a Sustainable Future!
We view ESG as more than just a set of principles—it’s a way of doing business. Our advanced capabilities are driven by the latest technologies and the strength of our nearly 600 dedicated employees, enabling us to deliver innovative, sustainable, and ethical solutions that empower our partners, stakeholders, and communities.
Contact us today to learn how Velosity can help you achieve your manufacturing and sustainability goals.