Sustainability at Molins: adoption of ESG criteria

The adoption of ESG (Environmental, Social and Governance) criteria at Molins is an essential pillar of our corporate mission and vision. These criteria are integrated transversally in our day-to-day operations and in our medium and long-term strategies, with a Roadmap 2030 and the goal of becoming carbon neutral by 2050.

A comprehensive corporate governance system is the fundamental pillar for driving the viability and coherence of the Strategic Plan and the Roadmap 2030, on which competitiveness and long-term sustainable economic profitability are ensured, while minimizing the environmental impact of our actions. In other words, Molins’ commitment is both to maximize the creation of shared value for stakeholders and to promote sustainable development in its three aspects: environmental, social and governance.

Susterra

At the environmental level, in 2024 we introduced Susterra, the new range of our portfolio that groups together and distinguishes solutions with sustainable attributes that will contribute not only to achieving the goals we have set for ourselves as a company, but also to our value chain meeting its sustainability goals. A range of products and solutions that contribute to reducing CO2 emissions, promoting the circular economy and fostering healthier environments. Susterra is a key element of the company’s Roadmap 2030 and will be instrumental in achieving the goal of zero emissions by 2050.

Carbon footprint calculation

Also, in the Construction Solutions business of Molins, we have expanded the calculation of the carbon footprint with scope 3. The results will allow us to know what our current impact is, what actions we should promote and be a driving agent in our value chain, informing our suppliers of the strategic objectives and our purchasing policy with ESG criteria in order to improve and move forward together.

Social Responsibility

On a social level, the protection of human rights is a priority for Molins and we have a policy in this area. Also, on a regular basis with a focus on human capital management, we survey all workers to assess the degree of satisfaction and create action plans. Diversity and equal opportunities are also an important pillar to have a diverse and inclusive company.

Governance

Finally, at the governance level, we have an anti-corruption policy that sets out guidelines for conduct to prevent any corruption. Moreover, in 2019, we obtained the first sustainable financing for a company in the building materials and solutions sector in Europe. We also carry out risk management through the different bodies responsible, to prevent potentially harmful factors for the correct exercise of our activity and the achievement of the Strategic Plan.

Challenges

There are several challenges. At the market level, we are going through a transition because companies are implementing ESG strategies and criteria, but some clients are still in the process of incorporating these criteria. At the company level, it is necessary to adapt some facilities, raise awareness and train employees, promote cultural transformation and, in short, to value and align with the strategy.

We are facing a major and necessary challenge due to its importance and urgency. We are aware of this, and we continue to work on this continuous improvement to achieve the sustainability objectives we have set ourselves.