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Modine Reinforces Commitment to Sustainability, Joins Department of Energy's Better Plants Program and Achieves Strong CDP and EcoVadis Ratings

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Modine (NYSE: MOD) joined the U.S. Department of Energy's Better Plants program on April 1, 2026, and achieved strong sustainability ratings in 2025. The company received B scores for Climate Change and Water Security from CDP and a Bronze Medal from EcoVadis, signaling coordinated climate action and a structured sustainability program. Modine said its sustainability strategy spans energy-efficient products, manufacturing practices, and support for customers' emissions reductions.

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+2.89%
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$12.01B Market Cap
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RACINE, Wis., April 1, 2026 /PRNewswire/ -- Modine (NYSE: MOD), a global leader in thermal management technology and solutions, today announced it has joined the U.S. Department of Energy's (DOE) Better Plants program, furthering its commitment to reducing energy intensity and promoting a more sustainable future. This initiative, combined with the company's recent strong performance in CDP and EcoVadis ratings, underscores Modine's dedication to environmental stewardship and its role in engineering a cleaner, healthier world by helping customers achieve their sustainability goals.

In addition to this new partnership, Modine has also been recognized for its robust sustainability reporting and performance. The company recently achieved a B score for Climate Change and a B for Water Security in the 2025 CDP survey. CDP is a leading global non-profit that runs the world's environmental disclosure system for companies, cities, states, and regions. A 'B' score indicates that a company is taking coordinated action on climate issues.

Modine's sustainability efforts have also been recognized by EcoVadis, a globally trusted provider of business sustainability ratings, with a Bronze Medal. A strong rating from EcoVadis signifies that a company has a structured and proactive approach to sustainability, covering key areas such as Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.

"Our commitment to sustainability is at the core of our company's purpose," said Mark W. Johnson, Vice President, Technology & Innovation, Data Centers at Modine. "Joining the Better Plants program and our strong scores from CDP and EcoVadis are a testament to the hard work and dedication of our global team. We are proud of the progress we have made and are committed to continuing our journey to help our customers reduce their environmental impact as well as our own."

Modine's sustainability strategy is embedded in its operations, from developing energy-efficient products that reduce emissions and improve air quality, to implementing sustainable practices in its manufacturing facilities.

Learn more about Modine's efforts by reading its 2025 Sustainability Report, available at Modine.com.

About Modine

For more than 100 years, Modine has solved the toughest thermal management challenges for mission-critical applications. Our purpose of Engineering a Cleaner, Healthier World™ means we are always evolving our portfolio of technologies to provide the latest heating, cooling, and ventilation solutions. Through the hard work of more than 11,000 employees worldwide, our Climate Solutions and Performance Technologies segments advance our purpose with systems that improve air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use 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 modine.com.

About Better Plants

The U.S. Department of Energy's (DOE's) Better Plants program is a national partnership initiative to drive significant improvement across U.S. industry. Through Better Plants, industrial organizations set ambitious energy, water, and waste goals, and track and report their annual progress. More than 300 companies and industrial organizations are leading the way by participating in Better Plants and have collectively saved more than 28 quadrillion British thermal units (QBtu) and more than $14 billion in cumulative energy costs as of 2024.

Contact:
Greg Hoener
gregory.w.hoener@modine.com

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SOURCE Modine

FAQ

What did Modine (MOD) announce on April 1, 2026 about sustainability?

Modine announced it joined the DOE Better Plants program and highlighted its 2025 sustainability ratings. According to the company, it earned B scores for Climate Change and Water Security from CDP and a Bronze Medal from EcoVadis.

What does Modine joining the DOE Better Plants program mean for MOD shareholders?

Joining Better Plants signals a formal commitment to reduce energy intensity and track progress. According to the company, participation involves setting targets and reporting annual energy, water, and waste improvements within the DOE framework.

How did Modine perform in the 2025 CDP survey and what does that indicate for MOD?

Modine received B scores for Climate Change and Water Security, indicating coordinated action on climate issues. According to the company, the scores reflect improved disclosure and management of climate and water risks.

What does an EcoVadis Bronze Medal mean for Modine (MOD)?

An EcoVadis Bronze Medal indicates a structured, proactive sustainability approach across key areas. According to the company, the rating covers Environment, Labor & Human Rights, Ethics, and Sustainable Procurement practices.

Where can investors find more detail on Modine's sustainability commitments and ratings?

Investors can review Modine's 2025 Sustainability Report and public disclosures for details on targets and programs. According to the company, the report outlines its energy-efficient products and manufacturing sustainability efforts.