Velosity Awarded EcoVadis Bronze Certification

Velosity was recently recognized by EcoVadis for our commitment to the environment, labor and human rights, ethics and sustainability.

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Velosity Awarded EcoVadis Bronze Certification

Velosity, an industry leader in state-of-the-art, custom contract manufacturing and injection molding for the medical device market for more than 50 years, has been awarded the EcoVadis bronze certification for our commitment to environmental, social and governance (ESG). This is a significant milestone for Velosity’s entire family of brands – Teamvantage, MMD Medical, Custom Mold & Design, CMD Precision Manufacturing Group, and Paradigme Engineering – all of which were recognized for achieving the requirements of this prestigious award.

“ESG is an important aspect of our business model, and we will continue to build on the solid foundation we already have established,” said Dave Hemink, CEO of Velosity. “Working through EcoVadis’ rigorous assessments to understand where we currently stand in our sustainability efforts and benchmark against other organizations helps us identify where we’re excelling and where we want to focus on growing. Receiving this bronze certification is the first step in our journey, providing assurance to current and future customers that Velosity values their ESG expectations.  Together, we can make a positive impact on the world.”

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Its mission is to provide reliable, globally recognized sustainability ratings and insights that help companies reduce risk, drive improvement and accelerate positive impact on our planet and society.

Awards are given to companies that partake in the EcoVadis sustainability scorecard, which consists of a series of questions and requires proven documentation that measure seven management indicators across 21 sustainability criteria in four themes: environment, labor and human rights, ethics, and sustainable procurement. The bronze certification indicates Velosity ranked in the top 50% of companies that took this assessment. Some of the areas we were recognized for include:

  • Enacting a company-wide environmental policy
  • Finding ways to reduce air pollution, water and energy consumption
  • Maintaining programs aimed at minimizing greenhouse gases
  • Safely managing materials, chemicals and waste
  • Recovering and using input materials to ensure the safe disposal of hazardous substances
  • Creating employee-friendly labor and human rights policies
  • Providing equitable compensation
  • Developing family-friendly programs
  • Providing a safe and comfortable work environment.

At Velosity, we are dedicated to continually driving improvements in the way we do business. This is just the start; we will continue to find ways to build upon our strong ESG foundation and plan to participate in the EcoVadis annual sustainability scorecard for the next two years.

Velosity serves highly-regulated markets by making complex, highly-specialized products. The EcoVadis bronze certification is yet another differentiator that sets Velosity apart as the provider of choice in these industries.