FOREST LAKE, MN (April 21, 2026) – Velosity, a leading contract manufacturer serving the medical device and defense industries, today announced the release of its 2025 Environmental, Social, and Governance (ESG) report, showcasing continued progress in embedding ESG into its core business strategy. The report highlights advancements in operational efficiency, employee investment, environmental sustainability and responsible innovation.
“ESG is embedded in how we operate every day,” said Dave Hemink, CEO of Velosity. “This report reflects our investment in people, adoption of responsible innovation, and operational improvements, while setting the stage for continued progress in 2025 and beyond.”
Highlights from the 2025 ESG Report include:
- EcoVadis Recognition: Earned a Bronze medal, ranking in the top 35% globally, with gains across Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.
- Operational Excellence: Employee-driven continuous improvement (CI) program delivered over $933,000 in cost savings, surpassing annual goals.
- Employee Wellbeing and Development: Reduced safety incidents by 76%, received Governor’s Safety Awards, achieved 83% retention, expanded healthcare benefits, and increased diversity in promotions—36% awarded to women and 34% from underrepresented groups.
- Responsible Innovation: Established a cross-functional AI Council to guide adoption of artificial intelligence, improving productivity, decision-making, and waste reduction while ensuring strong governance.
- Environmental Sustainability: Reduced water usage in manufacturing by nearly 67%, expanded recycling programs, and advanced toward science-based emissions targets through a centralized ESG data platform.
“The progress reflected in this report is a direct result of our team’s commitment to doing business the right way,” Hemink added. “ESG is not a standalone program; it’s a core value that drives long-term success for our employees, customers, and communities.”
The report also outlines Velosity’s forward-looking priorities, including finalizing emissions targets, expanding AI and technology initiatives, and scaling sustainability efforts across operations.
To read Velosity’s full 2025 ESG Report, visit https://www.velosity.com/about/esg/
About Velosity
Velosity is dedicated to supporting device manufacturers in delivering innovative and reliable products for the medical and defense industries. We offer comprehensive contract manufacturing, injection molding, precision machining, and tool building for complex and highly regulated applications. Starting with expert guidance at the design-for-manufacturing stage, we ensure seamless production while maintaining the highest quality and safety standards throughout the manufacturing process. For more information, visit www.velosity.com.