Maire (MAIRE) Sustainability Day 2024 summary

Strategic sustainability vision and transformation

• Emphasizes a company-wide cultural shift toward sustainability, integrating public interest and stakeholder engagement into business strategy and operations.

• Sustainability is positioned as a lever for new business, client decarbonization, and technological innovation, with a focus on global and regional adaptation.

• Leadership highlights the need for concrete actions, not rhetoric, and the alignment of economic, social, and environmental goals.

• The company leverages its unique capabilities, especially through NextChem, to drive the energy transition and low-carbon solutions.

• Financial community engagement is used to accelerate sustainability initiatives, linking debt to Scope 1, 2, and 3 objectives.

Decarbonization, environmental, and circularity initiatives

• Net Zero Plan targets carbon neutrality for Scope 1 and 2 by 2029, and Scope 3 by 2050, with interim 2025 targets tied to sustainable bonds.

• Concrete actions include energy efficiency, renewable energy adoption, solar plant installations, and digital tools for emissions tracking.

• Scope 3 emissions, representing 98% of the total, are addressed through supply chain collaboration, data-driven methodologies, and ESG-linked financial incentives.

• Scope 4 (avoided emissions) methodology is developed to quantify the decarbonization impact of company solutions for clients.

• Water, biodiversity, and circular economy programs are implemented globally, with site-specific risk mapping, water-positive projects, biodiversity protection, and waste management studies in key regions.

Social responsibility, diversity, and safety

• Workforce grew by over 17% year-on-year, with significant investment in training, D&I, and a new development plan for 700 managers.

• Over 2.9 million safety training hours delivered by September 2024, with safety performance exceeding industry benchmarks.

• Anti-harassment policies, D&I working groups, and gender diversity improvements are implemented across global operations.

• Behavior-Based Safety Program and heat stress mitigation are deployed at construction sites, achieving zero recordable heat stress injuries.

• Corporate social responsibility projects focus on education, waste management, and community engagement, especially in India and Africa.