Sustainability and ESG
Future actions and intent for 2025
In 2025, we are resolute in driving forward our environmental, social and governance initiatives with a bold and comprehensive set of actions.
Action Plan for 2025
To maintain a complete picture of our risks and opportunities and ensure conformity with TCFD recommendations and SBTi criteria, Modulaire commits to these important actions:
- The provision of good quality, verifiable ESGS data for climate-related focus.
- Resource efficiency across energy consumption (including renewables), logistics, waste, and water use.
- Maintain a full suite of climate-related risks and opportunities, including financial quantification where appropriate and detailed Climate Adaptation Plans. Modulaire Group will be able to justify why climate-related risk management decisions are made.
In 2025, Modulaire Group will be an official partner for UNESCO World Engineering Day for Sustainable Development. Throughout a year-long campaign, we will highlight the critical role engineers play in achieving the UN’s Sustainable Development Goals and inspire the next generation of engineers.
Modulaire ESGS Report 2024
- Reduce SBU/OBU Scope 1 and 2 emissions by 10% vs 2020 by end of 2025 (as part of sustainability linked financing)
- Source 100% renewable electricity for the Group, where available and appropriate
- Implement SBTi Net Zero Reduction Plan
- Reduce Scope 3 emissions by 3% vs 2022 baseline by end of 2025
- Electrification of forklifts and stationary equipment (40%) and cars/vans (30%) vs 2020 baseline
- Onsite photovoltaics installation where available and appropriate
- Reduce waste to landfill by 50% per typical unit vs 2020 baseline (83 kg/unit) by end of 2025
- Reduce water consumption by 10% per typical unit vs 2020 baseline (0.83m3/Unit) by end of 2025
- Zero fatalities
- Reduce Recordable Incident Rate (RIR) by 40% compared to 2024, setting a target of 0.42
- Achieve 36,000 quality safety observations, focusing on meaningful and impactful entries
- Increase overall female participation at board and Senior Management level
- Increase overall proportion of female employees
- Paid voluntary time - 5,000 hrs pa
- Group participate and undertake four UN Days: March 4th - UNESCO World Engineering Day, March 8th
- International Women’s Day, April 28th - World Day for Safety and Health at Work, June 5th - World Environment Day
- Continue to monitor and comply with the latest ESGS legislation
- Rollout of Cybersecurity training and Anti-bribery and Corruption training
- Implementation of Biodiversity Policy
- Increase EcoVadis ratings for the Group to a total of 12
- Carry out supply chain assessment