Our Values

At Velcon, we strive to be a responsible, aspirational lifestyle and design brand. As we create opportunities for people to live their best lives, we carefully consider our potential impact. 

 

Our Environmental and Social Governance (ESG) position illustrates a measurable commitment to a more sustainable real estate industry, in the interest of our loyal customers, our communities and the environment. Our main ESG pillars are:

 

 

Fighting Climate Change

 

We are pushing for the industry to embrace carbon neutrality as the norm, with a plan to achieve this by 2030. We are doing everything we can at this moment to make our concrete contribution as early as possible. We aim to join RE100, a global initiative committed to using 100% renewable energy by 2025.

 

 

Conserving Natural Resources

                                                                           

The Velcon internal documentation & record keeping will soon be fully digitalized with continuous collection of consumption data, analysed on a central data platform. Smart electricity meters are installed to provide cumulative consumption data for all buildings in real-time. Digital consumption recording is indispensable for increasing building efficiency while reducing emission levels and costs. 

We have reduced water demands in all our buildings by installing only the most efficient and effective water saving equipment and appliances, achieving 4-star or above NABERS water ratings. We are also focused on reducing operational and construction waste to the landfill, targeting zero waste by 2035. We achieve this by working with like-minded partners. Our rigorous tendering and selection process is renowned in the industry, where a key criterion is our partners’ ability to commit to our high standards.  

 

 

Social Inclusion and Diversity

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Diversity encompasses much more than gender as Velcon management positions have been held by women from day one in the business and people are employed for their talent and valued contribution rather than gender.

 

 

Supporting our Communities

 

We are developing social impact measurement protocols to focus on long-term positive impact in our communities. We source consumables from local vendors within the communities in which we operate and support social enterprises through our procurement process.  

 

 

 

Our People

 

The safety, health and wellbeing of our people, partners, customers, and suppliers remain as top priorities in our operations. We are also committed to the UNGC (United Nations Global Compact) principles and measure progress against key areas of human rights, labour, environment, and anti-corruption activities.

 

 

 

Trusted Partnerships

 

Clear and transparent Corporate Governance is the basis of every business relationship. Annual compliance and governance training courses for employees and a declaration of ethics are central and recurring elements of our culture.