Modus at the Forefront of ESG: Footprint +

We recently hosted a Breakfast Briefing at Footprint + alongside our parent company, Workplace Futures Group (WFG), where we showcased our leadership in integrating Environmental, Social, and Governance (ESG) principles into asset performance. The briefing, hosted by WFGs COO Tim White, discussed our sustainability strategies and commitments in real estate with expert Adam Hinds, co-founder of Life Proven and Modus Project Director, Juliet Price.

Long-standing Commitment to Sustainability

Tim began the briefing by discussing our long-standing dedication to sustainable practices, highlighting the strategic partnerships that we have established with major real estate players such as British Land and Canary Wharf Group. As a B Corp company, Tim emphasised our commitment to environmental stewardship beyond compliance. He stated, " Modus has been trading for over 30 years, and sustainability has always been a key part of what we do... But we've always done it in a very low-key way and were one of the first businesses in our sector to become ISA 14001 accredited back in 2001."

Analysing the ESG Landscape

Adam delved into the macro and micro-economic forces shaping the ESG landscape. Macro-economic forces like climate change, biodiversity loss, and geopolitical shifts reshape global markets. These global changes prompt local regulatory adjustments and influence micro-economic factors such as market demands and investment trends, compelling businesses to adopt resilient asset management strategies. Hinds highlighted the necessity for real estate assets to adapt to maintain and enhance their value and insurability in a rapidly changing world.

Strategic ESG Integration in Projects

During the briefing, Juliet provided valuable insights on how we integrate ESG commitments into our business operations. She shared a case study of our collaboration with the Canary Wharf Group and explained how strategic ESG alignment can significantly improve project outcomes and sustainability metrics. This segment demonstrated how we apply ESG principles to enhance environmental and business performance in our projects.

Embracing Technology and Innovation

The briefing also showcased our use of advanced technologies such as One Click LCA and Qflow. These tools are pivotal in enhancing sustainability during the design and construction phases, allowing us to perform detailed environmental assessments and material tracking. This approach not only aids in reducing the environmental impact of construction activities but also helps achieve greater efficiency and transparency in project execution.

Promoting a Circular Economy

A key highlight from the event was the discussion on developing physical reuse hubs in collaboration with the Finishes and Interiors Sector (FIS). This initiative is part of our effort to promote the circular economy, focusing on reducing waste and reusing materials across projects. This proactive approach demonstrates our commitment to sustainability beyond the immediate scope of its projects, impacting the broader industry and community.

The Footprint+ Breakfast Briefing was a testament to our leadership in weaving sustainability into our business practices. The discussions provided valuable insights into the evolving role of ESG in real estate and showcased our innovative strategies and commitments to shaping a sustainable future. As the industry continues to evolve, we remain committed to taking charge of sustainable development and setting new standards for the real estate sector.

Follow the link here to access the presentation slides in full.