Velo Commit to a Sustainable Future
Velo aims to achieve innovation, performance, and quality while committing to a more sustainable future.
Future Policy
Recycle and Reuse: Establishing Effective Green Energy Management.
Stella Yu, the founder of Velo, has always kept her eye on ESG subjects since the very beginning. Starting from herself in low carbon emission lifestyle to promoting within the companies and societies.
As a member of Bicycle Alliance for Sustainability (BAS), Velo emphasized their commitment to a sustanable future.
Velo integrates environmentally sustainable practices into their manufacturing processes. This includes reducing wastes through better use of resources and implementing recycling programs for materials.
Velo also sources bio-based materials as substitutes for petroleum-based ones.
Our commitment to a sustainable future, to a better environment for our next generations.
SDGs & B-Corp
Based on SDGs and B-Corp, we found the best practice for our entity
Environmental：Climate Action
Varies Resources Management ISO14064-1、ISO50001 Environmental Friendly Attitude Recycle, Reuse, Reduce
Social：Sustainable cities and communities
Customers, Staff, Societies
Governance：Partnerships for the goals
Corporate Governance, Mission and Vision, Corporate Information, Information Security Management
Governance Structure
Velo set up an ESG governance organization based on its goals, with the CEO as the Executive Convener, leading and managing the team.
Create the organization structure based on different aspects and drive policy implementation.
Bicycling Alliance for Sustainability
Start： Execute towards BAS goals
Task： To reduce carbon emissions at least 3% per year
Goal： Total 25% carbon emissions reduction till 2030
Environmental
Response to Climate Change Response Act, energy saving, environment protection and SDGs.
Increasing recycle materials percentage, reusing the resources wherever they are possible, becoming green factory and realizing Circular Economy.
Certified ISO14064-1
Edited based on ISO14064-1 According to our analysis, the largest carbon emissions within Velo come from Scope 2: electricity consumption.
Solar Panels
- Install solar panels to increase the proportion of renewable energy
- VECEN Annual carbon reduction：661,221KWH
Smart Meters
- Accurate kWh and transferred directly through the system
- Recognize different usages and the costs to analyze possible energy savings
- Easy to maintain before breaking out
- Visual Management
Energy Conservation
- Switch to electric forklifts and electric vehicles for transportation to reduce diesel and gasoline consumption.
- Adjust production lines to reduce electricity consumption.
- Use water-saving certified parts to decrease water usage.
- Label power switches to minimize power consumption.
Eco-friendly & Recycled Materials
Based on a strong commitment to environmental protection, VELO actively strives in recycling, resource conservation, and product redesign. We aim to contribute to the Earth throughout our manufacturing process, creating a sustainable and eco-friendly future.
PIR / PCR / GRS Certified Materials
Procure materials certified by PIR/PCR/GRS standards, alongside bio-based alternatives to minimize the use of new materials and reduce dependence on petroleum-based resources, thereby lowering carbon emissions.
Base/Shell
- PCR PP and PA, TUV certified.
- Maintain the strength and durability of our products and reduce the consumption of using new materials.
- Reduce post-consumer wastes.
Cover
- GRS4.0 certified cover, 100% recycled fiber underneath the PU coating.
- Recycle fiber from PET bottles and fishing nets.
- Retain the best quality and feel for the product.
Foam
Recycle Materials PIR PU Foam
A new innovative process in collecting PIR foam and use it in a new saddle w/o compromising quality. Not only do we reduce waste, but we can still make the PIR foam saddle with dual densities.
Recycle Materials PIR EVA Foam
PIR EVA foam mixed with new materials Collecting PIR - EVA foam and use it in a new saddle w/o compromising quality.
Rails
- Recycle Materials PIR rails.
- PIR rails for steel and cr-mo.
- One of the most critical part for ISO4210 fatigue test. Velo has found the solution with our supplier in maintaining the strength and reducing the consumption of using new materials.
Governance
Construct effective and efficient corporate governance, dedicated to ESG for sustainable management.
Provide stable and qualified products for customers’ satisfaction and increase performance.
Establish information security goals and policies to prevent information disclosure issues.
Our Mission
Velo is dedicated to transparent management, ensuring that the company's governance adheres to the highest standards of business ethics and legal requirements. Velo is also actively engaged in ESG practices and transparently reports on our progress in this area.
Risk Management
- Information Security management
- Labor Relations Management
- Financial Management：Tax Law, Budget Planning
- Provision for Bad Debts, Investment Planning
- International Situation： Multi-Production Bases
QC & QA
Velo strives to provide safe and high-quality products to our customers. We are continuously improving our product quality and innovating with new technologies to meet and exceed our customers' expectations for the best products.
We follow major international rules and regulations in producing our products including ISO8098, ISO4210, JIS D 9431, REACH-SVHC, CPSIA, CA Prop 65, etc.
Our products are insured with USD$2 million PLI internationally.
Customer Privacy
We places great importance on customer information confidentiality and privacy issues. In order to effectively manage customer data and ensure security, the information department regularly conducts network intrusion detection and data recovery exercises.
Simultaneously, information security awareness and education training is provided to relevant personnel to ensure the highest protection of our customer data.
Our Locations
Check Map
Social
Construct practical system, harmonious labor-employer relationship, for safe and secure workplace.
Enhanced on-the-job education to improve working abilities and maintain competitiveness.
Participate in community care to understand the needs of the surroundings and foster harmonious relationships.
Sustainable cities and communities, response to stakeholders’ needs.
Friendly Workplace
Velo respects and follows local laws as well as international standards and framework, including UDHR, Global Compact, and ILO.
Employee Benefits and Talent Development
Velo sees employees as valuable assets and is dedicated to ensuring their well-being. The company provides excellent working conditions and meets their needs. In addition to the basic protections required by law, Velo also organizes various employee welfare activities and subsidies.
Employee Welfare Activities: Velo offers diverse activities to balance the lives of foreign employees, enrich their experiences, improve their quality of life, and strengthen their sense of belonging.
Training and Development: Velo provides training for new hires and ongoing professional development for all employees. The goal is to ensure each employee is well-suited to their role, enhancing the company's human resources through comprehensive training systems.
Chemical warehouse
Velo has established a separate chemical warehouse, distanced from their main facilities to store hazardous materials and prevent spill-related risks. Special equipment and regular disaster prevention drills are utilized.
Occupational Safety and Healthy
Velo prioritizes the safety and health of our employees by offering various sessions and classes.
Social Engagement
Velo prioritizes the safety and health of our employees by offering various sessions and classes.