The Work Index by Flexa

Modern Energy

Modern Energy is a diversified clean energy company that invests in, builds, and operates energy transition businesses to drive progress toward a zero-carbon economy.

https://modern.energy/
6.0

/10

Transparency ranking

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Description

Modern Energy is a diversified clean energy company focused on accelerating the transition to a carbon-free economy. They invest in, build, and operate energy transition platforms, partnering with early-stage entrepreneurs and developers to help them scale quickly and efficiently. Modern Energy operates on a "Capital + Culture + Capabilities" model, providing both financial resources and operational support to their portfolio companies.

Modern Energy is a Certified B Corporation, meaning they meet rigorous standards of social and environmental performance, accountability, and transparency. They are committed to creating a hundred-year company where exceptional people can work together to make a positive impact on climate change. Their mission is to provide affordable, reliable, sustainable energy for all, and they believe in building a diverse and inclusive workplace that attracts self-directed, intellectually-curious, and kind leaders.

Flexibility

Modern Energy offers a flexible work environment, with unlimited PTO and sick leave. They also have a policy of 16 weeks of paid parental leave for both birthing and non-birthing parents, and they shut down their offices for "away days" to encourage employees to take long weekends and time for the holidays. This combination of benefits creates a workplace that prioritizes work-life balance and employee well-being.

Remote

Benefits

Modern Energy offers a competitive benefits package designed to keep employees happy and healthy. This includes comprehensive medical, dental, and vision coverage with options for Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs). Employees enjoy unlimited sick days and unlimited paid time off, as well as a 401k retirement plan with a 4% company match that vests immediately. Birthing and non-birthing parents receive 16 weeks of paid leave at 100% salary. Modern Energy also provides laptops and other work equipment, cell phone reimbursement, and coverage for basic life, AD&D, and short-term and long-term disability insurance. Additionally, employees are eligible for regular feedback conversations, professional development funds, and an eight-week paid sabbatical leave after five years of consecutive employment.

Enhanced parental leave
WFA scheme

Mission

Modern Energy is a diversified clean energy company dedicated to accelerating the transition to a carbon-free economy. They achieve this by launching, scaling, and operating energy transition platforms, partnering with early-stage entrepreneurs and developers. Their mission is to provide affordable, reliable, and sustainable energy for all by building a hundred-year company that attracts exceptional individuals passionate about creating a lasting positive impact on climate change.

Disruptor
Environmental impact driven
Improving quality of life/health
Social impact led
Sustainability
Tech for good

Culture

Modern Energy fosters a culture of innovation and entrepreneurship, valuing collaboration and diversity of thought. They prioritize ethical practices, enduring value creation, and empowerment of their dream teams, attracting self-directed, intellectually curious, and kind individuals. Their commitment to creating a hundred-year company with a strong culture, driven by core values, creates an inclusive and caring environment where employees can make a lasting impact on climate change.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Meritocratic
People-first
Progressive
Supportive
Transparent

DE&I

Modern Energy is committed to diversity, equity, and inclusion, believing that a long-term strategy can only be achieved by having a diversity of thought, experience, and backgrounds at the table. They are an equal opportunity employer and strive to create an inclusive and caring meritocracy where all employees feel a sense of belonging.

Ethnically diverse
Gender diverse
LGBTQ+ representatiion

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