MAIRE Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2024🗂️ Report periods on file: 2024, 2023, 2022, 2021, 2019

In its 2024 reporting, MAIRE Group disclosed greenhouse gas emissions of 18.1K total tons of CO2 emitted in 2023. By scope: Scope 3: 1.9 million tons of CO2. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

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GHG Emissions
18.1K total tons of CO2 emitted in 2023
2024
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Water Usage
Water intensity 0.0052 m3/wmh in 2023
2024

📊 Emissions by Scope (2024)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).1.9 million tons of CO2

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202418.1K total tons of CO2 emitted in 2023
202318.1K tCO2e (Scope 1-2) + 1.9 mln tCO2e (Scope 3)
202220.0K t CO2eq (scope 1 + scope 2)
202159.1K tCO2e (Scope 1 + Scope 2)
2019218.9K t CO2e (Scope 1 + Scope 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • 35% reduction in Scope 1 and 2 emissions by 2025 (compared to the 2018 baseline year)
  • Creation of a Water Management Task Force and establishment of an action plan to enact initiatives to optimize consumption and maximize recovery by 2024
  • Publication of a guideline to calculate Scope 4 emissions by 2024
  • Increased upskilling and reskilling training hours by 15% compared to 2023

📅 Medium-term

  • Carbon neutrality for Scope 1 and 2 by 2029
  • Expand the portfolio of energy transition and circular economy enabling technologies by at least seven additional technologies compared to 2022 by 2025

🔭 Long-term

  • Carbon neutrality for Scope 3 by 2050

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • Potential delays in developing market-leading technological solutions for the energy transition
  • Difficulties sourcing qualified labor due to a shortage of specific skills needed for the transition
  • Increased costs and investments required to develop products and services due to the rapid rise in market demand for eco-friendly products and the increased volatility of raw material prices
  • Challenges in meeting stakeholder expectations due to stricter climate change objectives
  • Misinterpretation by external stakeholders of the role played by certain Group projects in relation to its publicized transition-enabling strategy
  • Lack of adequate internal systems for processing reliable data to monitor and externally report on climate change performance
  • Difficulty finding the necessary expertise to match MAIRE’s technological development ambitions and adopting an effective organizational model, thereby hindering the STS business’s development of low-emission technological solutions
  • Increasing frequency of extreme weather events (e.g., rising temperatures) in historically less exposed areas, impacting operations and safety for specific projects

📋 Report Information

Reporting Period: 2024
Frameworks: TCFD