A photo of our VFI and VFE buildings, seen from above, surrounded by greenery

Velfor, a member of the United Nations Global Compact

What is the United Nations Global Compact?

It is an international initiative launched in July 2000; it calls on companies worldwide to align their practices with 10 established principles, particularly in the areas of human rights, labour standards, the environment and the fight against corruption.

At Velfor, we didn’t wait until we became a member of the Pact.

Indeed, the principles of the United Nations Covenant are very much reflected in our commitments.

Our commitments:

Promoting a circular economy:

  • By using recycled and/or recyclable materials wherever possible
  • By reducing, recycling and shredding production waste at most of our production sites
  • By encouraging the recycling of certain products

Supporting our staff:

  • By looking after the wellbeing, health and safety of our staff
  • By promoting training and career development
  • By promoting respect, fairness and inclusion

Promoting local partnerships:

  • By improving the quality of our products
  • By developing carefully considered partnerships across our entire value chain
  • By strengthening our company’s ethical and environmental commitments

As a member of the United Nations Global Compact, the Velfor Group is committed to aligning its strategies and operations with the principles set out therein. The implementation of our commitments is based on targets for 2030 and is carried out by all of the Group’s operating entities.

Would you like to find out more about us?

Our news section is an excellent way to keep up to date with all our initiatives; whilst you’re here, why not take a look around our website to find out more about our various business sectors, our products and services, and our innovations.

For weekly updates, check out our LinkedIn account, where we post new content every week.

We also have a YouTube channel, which we update regularly with videos introducing our staff and what inspires them at Velfor.

For all of this, just one search: Velfor Group

The Gender Equality Index was established by the Law on the Freedom to Choose One’s Career Future. It is a tool designed to calculate the pay gap between men and women.
This index allows companies to assess the level of gender equality out of 100 points. It is calculated based on the following criteria:

  • Gap in pay between women and men
  • Gap in individual pay raise rates
  • Number of female employees receiving raises following maternity leave
  • Parity among the 10 highest paid employees
  • Gap in promotion rates

The VELFOR Group has calculated its Gender Equality Index. For 2024, it stands at 92/100:

  • Pay gap indicator: 37 points out of 40
  • Individual pay increase rate gap indicator: 35 out of 35
  • Return from maternity leave indicator: 15 out of 15
  • High pay indicator: 5 out of 10