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Metal Fabrication
CA
updated a month ago

Velan Inc.

Company website

Velan Inc., a leading player in the valve manufacturing industry, is headquartered in California and operates across major regions including North America, Europe, and Asia. Founded in 1950, the company has established a strong reputation for its innovative solutions in industrial valves, particularly for critical applications in sectors such as oil and gas, power generation, and water treatment. Velan's core offerings include a diverse range of valves, actuators, and related services, distinguished by their reliability and advanced engineering. The company is recognised for its commitment to quality and safety, achieving numerous industry certifications and accolades over the years. With a robust market position, Velan Inc. continues to set benchmarks in valve technology, ensuring optimal performance and durability for its clients worldwide.

DitchCarbon Score

How does Velan Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

20

Industry Average

Mean score of companies in the Metal Fabrication industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

20

Industry Benchmark

Velan Inc.'s score of 20 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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Velan Inc.'s reported carbon emissions

Velan Inc., headquartered in California, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is classified as a current subsidiary, and any potential emissions data may be inherited from its parent organisation, but no specific details are provided. In terms of climate commitments, Velan Inc. has not established documented reduction targets or initiatives, including those aligned with the Science Based Targets initiative (SBTi). The lack of specific climate pledges or reduction strategies suggests that the company may still be in the early stages of formalising its climate action framework. As a current subsidiary, Velan Inc. may benefit from broader corporate sustainability initiatives from its parent company, but specific details on these initiatives are not disclosed. Overall, Velan Inc. appears to have opportunities for developing a more robust climate strategy and reporting framework to enhance its environmental impact and transparency.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Velan Inc.'s primary industry is Fabricated metal products, except machinery and equipment (28), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Velan Inc. is in CA, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Velan Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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