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Modern Times Group
The company also targets a 40% cut in Scopes 1–2 and a 25% cut in Scope 3 by 2030. These targets are monitored annually against a 2024 baseline.
The statement establishes MTG’s commitment to a comprehensive sustainability agenda for 2025, integrating environmental stewardship, social responsibility and robust governance across its entire value chain. The company’s board maintains a 29% female composition, and ESG oversight is embedded in the audit/ESG committee with executive pay linked to performance. Science-Based Targets drive a 46.2% reduction in Scope 1–2 GHG emissions by 2031 and a 20-point rise in the S&P Global CSA score by 2027, while a 5% executive pay linkage to ESG outcomes reinforces accountability.
Operationally, MTG targets Scope 1–3 emissions through energy-efficiency upgrades, renewable procurement and low-carbon digital services. Climate risks are quantified via IEA/IPCC scenarios, revealing significant temperature rises in India, Israel and Spain but no severe droughts or flooding; indirect Scope 3 emissions dominate the materiality assessment. The company’s 2031 decarbonisation roadmap aligns with EU Fit for 55, and a 40% GHG cut in scopes 1–2 and 25% in scope 3 by 2030 is monitored annually against a 2024 baseline.
Human-capital strategies emphasize flexible work, DE&I, health and safety, and AI-driven productivity. Annual engagement surveys, performance reviews (93% participation) and a 22.7% gender-pay gap are tracked, with no discrimination incidents reported. Governance frameworks address anti-corruption, whistleblowing and cyber-security, while data privacy is upheld through GDPR-compliant DPIAs, “privacy by design” and age-gating mechanisms for digital titles.
Geographically, the focus spans Poland with operations in India, Israel and Spain; temporally, the scope covers 2025 with forward-looking targets to 2031. The statement aligns with CSRD/ESRS requirements, mapping disclosures and ensuring compliance across environmental, social and governance dimensions.
Naavik · 2023