Ethics and integrity

Velatia: Pacto Mundial de las Naciones Unidas

As a member of the United Nations Global Compact since 2002, Velatia is committed to aligning its strategies to the ten universally accepted principles of the Compact, especially those related to human rights, labour standards, the environment and anti-corruption.

Annual progress reports

As a result of this commitment, in 2005 we began the publication of the “Annual progress reports”, in which we explain the progress made by Velatia in each of these principles; they are published on the Intranet for all our employees to see, as well as on the “The Global Compact” Website for our external stakeholders:

In addition, Velatia has its own Code of Ethics, which establishes the general guidelines for ethical conduct that all Velatia employees must follow in the completion of their duties, as well as in their professional relationships with colleagues, managers, subordinates, customers and suppliers, always acting in accordance with the legislation of each country and respecting the ethical principles of their respective cultures.

The pillars on which this Code of Ethics is built are the principles of the United Nations Global Compact and are based on:

  • The Universal Declaration of Human Rights.
  • The International Labor Organization’s Declaration on Fundamental Principles and Rights at Work.
  • The Rio Declaration on Environment and Development.
  • The United Nations Convention against Corruption.
Download the code of ethics of Velatia

We have an Ethics Channel as a tool to communicate any breaches of our Code of Ethics. This is available both for employees and for non-company personnel.

Go to Velatia´s Ethics Channel
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