EcoVadis accreditation is a widely recognised benchmark for supply chain sustainability performance, marking a strategic step to align with and support the evolving requirements of global aerospace and high-performance manufacturers.
While still in the early stages, the company is actively undertaking the 2024 benchmark exercise for the accreditation. The EcoVadis sustainability assessment is an evaluation of how well a company has integrated the principles of sustainability into their business and management system. The sustainability assessment is built on international standards, including the Global Reporting Initiative, the United Nations Global Compact, and the ISO 26000. Over 150,000 companies have signed up to EcoVadis to demonstrate their commitment to sustainability.
Driving this key initiative is Dr. David Bailey, non-executive director at Velocity Composites. With experience across the aerospace and power generation industries, and as CEO of Composites UK, the trade association for the UK composites industry, Dr. Bailey brings an understanding of the sector’s strategic direction and supply chain dynamics.
“Embarking on the EcoVadis journey is a massive statement of intent for Velocity Composites,” stated Dr. Bailey. Sustainability is playing an increasingly central role for our customers and is now a critical priority across the entire aerospace supply chain.
“While we have long focused on reducing waste and improving efficiency through our core service offering, formalising our ESG performance through EcoVadis demonstrates our commitment to the highest standards across environmental, labour & human rights, ethics, and sustainable procurement categories. This early step underscores our dedication to decarbonisation, responsible business practices, and strengthens our position as a strategic partner to major Primes.”
Jon Bridges, CEO of Velocity Composites, highlighted the connection between sustainability, operational excellence, and commercial success. “Our services and business model are designed to deliver accelerated growth as production rates increase, and part of that is being a responsible and sustainable partner.
“Investing in operating efficiency and service delivery excellence is key for our customers, and this includes our environmental footprint. Initiatives like installing solar panels on our roof are tangible steps, and pursuing EcoVadis formalises our comprehensive approach to ESG, ensuring we meet the expectations of our global customers and stakeholders, contributing positively to both the environment and our financial performance.”
