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Foxconn Distinguished As Member of S&P Global’s Sustainability Yearbook 2025
March 26, 2025 | FoxconnEstimated reading time: 1 minute
Hon Hai Technology Group has been distinguished for the first time in S&P Global’s Sustainability Yearbook 2025, a milestone ranking that demonstrates the corporate sustainability strength of the world’s largest electronics manufacturing service provider.
In the annual ranking, Foxconn was awarded the ‘Industry Mover’ distinction for showing a more than 40% increase in its scoring among companies in the ‘Electronic Equipment, Instruments & Components’ industry, the strongest improvement among its peers.
"This terrific achievement represents the diligent work of Foxconn’s sustainability teams worldwide, nearly 680 colleagues, dedicated to ensuring we meet ESG demands. We are moving ahead with a more proactive and forward-looking direction for sustainable development,” said Nick Huang, head of Foxconn’s Sustainability Committee Office.
Following a year of optimization and improvement, Foxconn's S&P Global Corporate Sustainability Assessment (CSA) Score jumped significantly to 71 points from 50 points in the previous year out of a total for 100. The assessment benchmarks companies against indicators such as climate change response, energy management, supply chain responsibility, labor rights, and corporate governance.
Of over 7,690 companies assessed for inclusion, only 780 companies made it into the Sustainability Yearbook 2025, one of the most influential corporate sustainability assessments in the world. The rankings represent, within each industry, companies with an S&P Global CSA Score of at least 30, ranking within 15% of the industries top performing companies by number and scoring within 30% of the industries top performing company.
Going forward, Foxconn plans to disclose new ESG goals and continue to consolidate on its supplier responsibility and global sustainability engagements. In 2022, Foxconn issued 32 medium- and long-term ESG goals for the first time, covering areas including climate action, supply chain responsibility, employee well-being and corporate governance. Most of the goals have been achieved ahead of schedule. Foxconn's renewable energy ratio is over 60%, its proportion of women directors is nearly a third, and the Group has actively supported key suppliers to sign green electricity commitments.
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I-Connect007 Editor’s Choice: Five Must-Reads for the Week
07/25/2025 | Marcy LaRont, I-Connect007In industry news this past week, I’m putting a focus on sustainability in electronics by highlighting my interview with Kelly Scanlon and Corey Dehmey, and Nolan Johnson’s Meet the Author podcast with Beth Turner of MacDermid Alpha Electronics Solutions. I also chose to spotlight the M&A activity and outlook in the U.S. market and regional market news in India and Mexico.
Beyond Recycling: Reshaping Sustainability in Electronics
07/24/2025 | Marcy LaRont, PCB007 MagazineEnvironmental sustainability, especially for carbon-intensive industries like electronics manufacturing, means businesses are often plagued with various reporting requirements that don’t necessarily address the root problem. To that end, SERI and the Global Electronics Association are teaming up to reshape sustainability in electronics.
Meet the Author: Beth Turner Explores Encapsulating Sustainability for Electronics
07/28/2025 | I-Connect007In a special Meet the Author edition of On the Line with…, host Nolan Johnson welcomes Beth Turner, senior technical manager at MacDermid Alpha Electronics Solutions. Beth is the author of The Printed Circuit Assembler’s Guide to… Encapsulating Sustainability for Electronics.
DuPont Publishes 2025 Sustainability Report
07/22/2025 | PRNewswireDuPont published its 2025 Sustainability Report detailing the progress made toward achieving its 2030 Sustainability Goals.
Fresh PCB Concepts: More Than Compliance—A Human-centered Sustainability Approach
07/24/2025 | Team NCAB -- Column: Fresh PCB ConceptsIt's a bright morning in Jiangmen, China. Sustainability Manager Yvonne Qui and engineer Otis Xiao roll into the factory parking lot, clipboards in hand. Their smiles are as warm as the sun rising above the solar panels on the roof, and there's a glint in their eyes. Today, it's not simply about ticking boxes; it’s about walking the talk for sustainability in the global PCB supply chain.