STOCK TITAN

Modine Joins United Nations Global Compact

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

Modine (NYSE: MOD), a global leader in thermal management technology, has joined the United Nations Global Compact, the world's largest voluntary corporate sustainability initiative. This commitment aligns with Modine's focus on sustainable growth and its purpose of Engineering a Cleaner, Healthier World™.

The company has prioritized seven UN Sustainable Development Goals (SDGs) that address key opportunities for the organization, stakeholders, and planet. These include Good Health and Well-Being, Clean Water and Sanitation, Affordable and Clean Energy, Decent Work and Economic Growth, Responsible Consumption and Production, Climate Action, and Peace, Justice and Strong Institutions.

Modine will develop commitments and targets in these areas and report yearly on their actions in support of these goals. The company's mission focuses on advancing global sustainability priorities through its portfolio of engineered thermal solutions.

Modine (NYSE: MOD), un leader globale nella tecnologia di gestione termica, ha aderito al Global Compact delle Nazioni Unite, la più grande iniziativa di sostenibilità aziendale volontaria al mondo. Questo impegno è in linea con l'attenzione di Modine sulla crescita sostenibile e il suo obiettivo di Ingegnerizzare un Mondo più Pulito e Salubre™.

L'azienda ha prioritizzato sette Obiettivi di Sviluppo Sostenibile (OSS) delle Nazioni Unite che affrontano opportunità chiave per l'organizzazione, i propri stakeholder e il pianeta. Questi includono Buona Salute e Benessere, Acqua Pulita e Servizi Igienici, Energia Accessibile e Pulita, Lavoro Dignitoso e Crescita Economica, Consumo e Produzione Responsabili, Azione per il Clima e Pace, Giustizia e Istituzioni Forti.

Modine svilupperà impegni e obiettivi in queste aree e riferirà annualmente sulle proprie azioni a sostegno di questi obiettivi. La missione dell'azienda si concentra sul promuovere le priorità di sostenibilità globale attraverso il proprio portafoglio di soluzioni termiche ingegnerizzate.

Modine (NYSE: MOD), un líder global en tecnología de gestión térmica, se ha unido al Pacto Mundial de las Naciones Unidas, la mayor iniciativa de sostenibilidad corporativa voluntaria del mundo. Este compromiso está alineado con el enfoque de Modine en el crecimiento sostenible y su propósito de Ingeniería para un Mundo más Limpio y Saludable™.

La empresa ha priorizado siete Objetivos de Desarrollo Sostenible (ODS) de la ONU que abordan oportunidades clave para la organización, los interesados y el planeta. Estos incluyen Salud y Bienestar, Agua Limpia y Saneamiento, Energía Asequible y Limpia, Trabajo Decente y Crecimiento Económico, Consumo y Producción Responsables, Acción por el Clima y Paz, Justicia e Instituciones Fuertes.

Modine desarrollará compromisos y objetivos en estas áreas y reportará anualmente sobre sus acciones en apoyo a estos objetivos. La misión de la empresa se centra en avanzar en las prioridades de sostenibilidad global a través de su cartera de soluciones térmicas ingenierizadas.

모딘(Modine, NYSE: MOD)은 열 관리 기술의 글로벌 리더로서 세계 최대의 자발적인 기업 지속 가능성 이니셔티브인 유엔 글로벌 컴팩트에 가입했습니다. 이 약속은 모딘의 지속 가능한 성장에 대한 집중과 더 깨끗하고 건강한 세상을 위한 엔지니어링™이라는 목적과 일치합니다.

회사는 조직, 이해 관계자 및 지구를 위한 주요 기회를 다루는 유엔 지속 가능한 개발 목표(SDGs) 중 7개를 우선시했습니다. 이들에는 건강과 웰빙, 깨끗한 물과 위생, 저렴하고 깨끗한 에너지, 양질의 일자리와 경제 성장, 책임 있는 소비와 생산, 기후 행동, 평화, 정의 및 강한 제도가 포함됩니다.

모딘은 이 분야에서의 약속과 목표를 개발하고 매년 이러한 목표를 지원하는 행동에 대해 보고할 것입니다. 회사의 사명은 엔지니어링된 열 솔루션 포트폴리오를 통해 글로벌 지속 가능성 우선 사항을 발전시키는 데 중점을 두고 있습니다.

Modine (NYSE: MOD), leader mondial dans la technologie de gestion thermique, a rejoint le Pacte mondial des Nations Unies, la plus grande initiative de durabilité des entreprises au monde. Cet engagement s'aligne sur l'accent mis par Modine sur la croissance durable et son objectif Ingénierie d'un Monde plus Propre et plus Sain™.

L'entreprise a priorisé sept Objectifs de Développement Durable (ODD) de l'ONU qui abordent des opportunités clés pour l'organisation, les parties prenantes et la planète. Ceux-ci incluent Bonne Santé et Bien-Être, Eau Propre et Assainissement, Énergie Abordable et Propre, Travail Décent et Croissance Économique, Consommation et Production Responsables, Action Climatique, et Paix, Justice et Institutions Solides.

Modine développera des engagements et des objectifs dans ces domaines et rendra compte chaque année de ses actions en faveur de ces objectifs. La mission de l'entreprise se concentre sur l'avancement des priorités de durabilité mondiale grâce à son portefeuille de solutions thermiques conçues.

Modine (NYSE: MOD), ein globaler Marktführer in der Thermomanagement-Technologie, ist dem Global Compact der Vereinten Nationen beigetreten, der größten freiwilligen Initiative für Unternehmensnachhaltigkeit der Welt. Dieses Engagement steht im Einklang mit Modines Fokus auf nachhaltiges Wachstum und seinem Ziel, Eine sauberere, gesündere Welt zu gestalten™.

Das Unternehmen hat sieben Nachhaltigkeitsziele (SDGs) der Vereinten Nationen priorisiert, die entscheidende Chancen für die Organisation, die Interessengruppen und den Planeten ansprechen. Dazu gehören Gesundheit und Wohlergehen, Sauberes Wasser und Sanitäreinrichtungen, Bezahlbare und Saubere Energie, Anständige Arbeit und Wirtschaftswachstum, Verantwortungsvolle Konsum- und Produktionspraktiken, Klimaschutz sowie Frieden, Gerechtigkeit und Starke Institutionen.

Modine wird in diesen Bereichen Verpflichtungen und Ziele entwickeln und jährlich über seine Maßnahmen zur Unterstützung dieser Ziele berichten. Die Mission des Unternehmens konzentriert sich darauf, weltweite Nachhaltigkeitsprioritäten durch sein Portfolio an ingenieurtechnischen Wärmelösungen voranzutreiben.

Positive
  • Joined the UN Global Compact, demonstrating commitment to sustainability
  • Aligned business strategy with 7 UN Sustainable Development Goals
  • Commitment to yearly reporting on sustainability actions and progress
Negative
  • None.

RACINE, Wis., Sept. 9, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that it has committed to the United Nations (UN) Global Compact, the world's largest voluntary corporate sustainability initiative.

"Joining the UN Global Compact affirms our long-term focus on sustainability growth in alignment with universal principles endorsed and shared by leading organizations across the globe," said Modine President and Chief Executive Officer, Neil D. Brinker. "Along with our purpose, mission and values, the UN Global Compact and Sustainable Development Goals provide us with a trusted framework and an urgent call to action as we continue the valuable work of advancing on our sustainability journey."

The UN Global Compact calls on companies to align their culture, decision-making and strategies with 10 guiding principles in the areas of human rights, labor, environment, and anti-corruption, and take action in support of the UN Sustainable Development Goals (SDGs).

Modine's approach to sustainability is inspired by our purpose statement – Engineering a Cleaner, Healthier World™ – and built on our foundation of governance, ethics, and compliance with oversight from our Board of Directors, leadership from our executive team, and daily actions of our dedicated employees across the globe. The company's mission – to help customers improve indoor air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use more environmentally friendly refrigerants – focuses our efforts on advancing global sustainability priorities with our evolving portfolio of highly engineered, mission-critical thermal solutions.

As part of this commitment, Modine has prioritized seven UN SDGs that address key opportunities for our organization, stakeholders, and planet: Good Health and Well-Being, Clean Water and Sanitation, Affordable and Clean Energy, Decent Work and Economic Growth, Responsible Consumption and Production, Climate Action, and Peace, Justice and Strong Institutions . Modine is developing commitments and targets in these areas and will report yearly on our actions in support of these goals.

Learn more about Modine's efforts by reading our latest Sustainability Update, available at Modine.com.

About Modine
At Modine, we are Engineering a Cleaner, Healthier World™. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions, enabling cleaner running vehicles, and using environmentally friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe, and Asia. For more information about Modine, visit www.modine.com.

About the UN Global Compact
As a special initiative of the United Nations Secretary-General, the UN Global Compact is a call to companies worldwide to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment, and anti-corruption. Our ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the Sustainable Development Goals through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 62 Country Networks covering 77 countries and 14 Country Managers establishing Networks in 20 other countries, the UN Global Compact is the world's largest corporate sustainability initiative — one Global Compact uniting business for a better world.
For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org.

CONTACT: Tel. 262.636.1200

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/modine-joins-united-nations-global-compact-302242627.html

SOURCE Modine

FAQ

What UN Global Compact initiative has Modine (MOD) joined in September 2024?

Modine (MOD) has joined the United Nations Global Compact, the world's largest voluntary corporate sustainability initiative, in September 2024.

Which 7 UN Sustainable Development Goals has Modine (MOD) prioritized?

Modine (MOD) has prioritized Good Health and Well-Being, Clean Water and Sanitation, Affordable and Clean Energy, Decent Work and Economic Growth, Responsible Consumption and Production, Climate Action, and Peace, Justice and Strong Institutions.

How often will Modine (MOD) report on its sustainability actions and progress?

Modine (MOD) has committed to reporting yearly on its actions in support of the UN Sustainable Development Goals and its sustainability progress.

What is Modine's (MOD) purpose statement related to sustainability?

Modine's (MOD) purpose statement related to sustainability is 'Engineering a Cleaner, Healthier World™'.

Modine Manufacturing Co

NYSE:MOD

MOD Rankings

MOD Latest News

MOD Stock Data

6.18B
51.67M
1.59%
105.79%
6.36%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
RACINE