Modec, officially known as Modec, Inc., is a prominent player in the Other Business Services sector, headquartered in Japan. Established in 2004, the company has carved a niche in providing innovative solutions for the offshore oil and gas industry, particularly in the design and operation of floating production systems.
With a strong operational presence in regions such as Asia, Africa, and South America, Modec has achieved significant milestones, including the successful delivery of numerous floating production storage and offloading (FPSO) units. Their core offerings, characterised by advanced technology and a commitment to safety, set them apart in a competitive market. Modec's reputation for reliability and efficiency has solidified its position as a leader in the offshore energy sector, making it a trusted partner for major oil companies worldwide.
+4 vs industry average
Modec’s score of 36 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Modec's reported carbon emissions
Modec, a Japanese company in the "Other business services (74)" industry, reported a total of approximately 2.2 billion kg CO2e in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2024, Scope 1 emissions were approximately 1.7 million kg CO2e, and Scope 3 emissions amounted to approximately 400,000 kg CO2e. Scope 2 emissions were reported as 0.0 kg CO2e for 2024. Looking at previous years, Modec reported total emissions of approximately 5.3 billion kg CO2e in 2023, with Scope 1 emissions at about 1.6 million kg CO2e and Scope 3 emissions at approximately 5.3 billion kg CO2e. For 2022, total emissions were approximately 5.2 billion kg CO2e, comprising about 1.5 million kg CO2e for Scope 1 and roughly 5.2 billion kg CO2e for Scope 3. In 2021, total emissions were approximately 3.8 billion kg CO2e, with Scope 1 emissions at about 1.3 million kg CO2e and Scope 3 at approximately 3.8 billion kg CO2e. Modec's reporting for 2020 indicated Scope 2 emissions of approximately 1.3 million kg CO2e. In 2019, Scope 2 emissions were approximately 1.7 million kg CO2e. Modec does not have any publicly disclosed reduction targets or commitments through SBTi, climate pledges, or other standard initiatives. The company's sustainability reporting for the period indicates that it has not cascaded its climate data or targets from a parent organisation.
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Modec’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Modec yet.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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