Velan Inc. Sustainability Profile
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.
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.
Industry Benchmark
Velan Inc.'s score of 23 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
How Carbon Intensive is Velan Inc.'s Industry?
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Velan Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Velan Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
