Our Strategy

At Velatia, sustainability is much more than a commitment; it’s part of our business strategy. It stems from our family roots and forms the backbone of our way of doing things. For us, profitability and responsibility are inseparable.

More than fifty years ago, when we began to take our first steps as a company, sustainability was already part of our DNA, of our way of doing things. Respect and care for people and our environment grew as Velatia became the company it is today; there is no profitability without responsibility.

We align the company’s strategic development with the concerns and needs of our stakeholders, so that making a profit goes hand in hand with social engagement and respect for the environment.

Our commitment to people and the environment focuses on six main areas

Velatia: sostenibilidad, ética
Ethics and Corporate Governance
Velatia: sostenibilidad, capital humano
Human Capital Management
Velatia: sostenibilidad, impacto en la sociedad
Impact on Society
Velatia: sostenibilidad, medio ambiente
The Environment
Velatia: sostenibilidad, alianzas
Responsible Alliances and Relations with Partners and Suppliers
Velatia: sostenibilidad, desempeño económico
Economic Performance and Customer Relations

This way of doing things allows us to contribute to a more efficient, more connected and more sustainable world, thereby adding to the well-being of our society and the planet.

Defining our commitment, area by area

Velatia: Ethics and Corporate Governance

Ethics and Corporate Governance

Our commitment to good governance, ethics, integrity and transparency is reflected in our Code of Ethics and the Internal Policies linked to sustainability. These are documents that our team leaders have adopted as their own in order to ensure all-round responsible management.

Ambition

We aspire to be a group where integrity in the way our people behave is a recognisable attribute of our culture, ensuring a governance that achieves high levels of excellence and allows for inclusive and trustworthy dialogue, at all levels, with our stakeholders.

Commitments
  • Promoting a culture of integrity through a system of compliance so that everyone at Velatia acts in accordance with the code of ethics.
  • Enhancing our active listening to better understand and respond to our stakeholders’ needs and expectations.

Human Capital Management

We are committed to people and diversity. We guarantee equal opportunities in order to become a diverse and inclusive group.

Ambition

We seek to build a team of committed people with a keen awareness of sustainability, guaranteeing equal opportunities in order to become a diverse and inclusive group, and we foster a culture that allows for work-life balance and flexibility.

Thus, we aim to be a benchmark in terms of the level of satisfaction of our employees, with a remuneration system that also takes social and environmental achievements into account.

In addition, we strive to ensure a safe working environment in which accidents do not exist.

Commitments
  • Promoting equality and diversity criteria at all stages of career development and especially in recruitment processes.
  • Facilitating communication with employees, breaking down barriers through proprietary tools that enable efficient and comprehensive communication.
  • Fostering a good work-life balance for our employees.
  • Making progress in the field of employee health and safety, with the aim of reducing personal accident rates by emulating the best performance of companies in the sector.
Velatia: Human Capital Management
Velatia: Impact on Society

Impact on Society

We reconcile the development of our business with the interests of the surrounding community, generating a positive social impact by creating jobs, boosting the local economy, collaborating with educational institutions, paying our taxes and, ultimately, distributing the value created.

Ambition

We seek to play an active role in fostering the spirit of sustainability, demonstrating that it forms part of our DNA. We want to be perceived as creators of wealth and employment locally, helping to train young people and supporting the most disadvantaged groups in society.

Moreover, we will do so by promoting respect for human rights in all our activities and those of our suppliers.
We play an active role in civil society contributing with our knowledge to the solidity of policy development.

Commitments
  • Contributing to the Sustainable Development Goals by setting targets in keeping with the performance of the group’s businesses.
  • Maintaining excellence in our collaboration with universities, technology centres and job counselling centres; promoting education and learning.
  • Actively participating in associations and institutional projects that contribute to a more connected and humane world.

The Environment

We constantly strive to further reduce the amount of resources we consume in performing our activities, and to ensure our products and services are part of the solution to climate change.

Ambition

To be an environmentally committed group that is ahead of the curve in terms of regulatory compliance, uses clean energy and efficient processes, and contributes to decarbonisation by installing products that make the grid more efficient.

Commitments
  • Reducing our CO2 emissions, while at the same time promoting the reduction of energy and resource consumption throughout the organisation.
  • Continuing to launch products with lower environmental impact.
  • Promoting circular economy criteria in our purchasing processes.
Velatia: The Environment
Velatia: Responsible Alliances and Relations with Partners and Suppliers

Responsible Alliances and Relations with Partners and Suppliers

By collaborating with organisations and associations, we foster responsible alliances to build networks of shared value.

We promote a shared responsibility in our supply chain incorporating our Code of Ethics into our relationships with suppliers.

Ambition

To promote sustainability among our allies and suppliers being active players in the performance of our activities, and to be a trustworthy partner that can boast a collaborative network with the same determination to act responsibly.

Commitments
  • Helping to achieve the Sustainable Development Goals by collaborating with relevant bodies.
  • Making the Code of Ethics an integral part of our relations with suppliers.

Economic Performance and Customer Relations

We drive continuous innovation in our products and services, enabling our growth as an organisation and that of our environment.

Ambition

To promote technological innovation as a lever for transformation towards more sustainable products and business models.

Commitments
  • Developing an activity to achieve sustainable profitability that favours economic development and allows for a balanced return to our stakeholders.
Velatia: Economic Performance and Customer Relations
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