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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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10/20/2025 | I-Connect007Now available! The Fall 2025 issue of Community Magazine delivers another stellar issue packed with member profiles, workforce development and sustainability wins, policy updates, factory data standards, personality features, news from around the world, and much more..
New Fil Arzola Class: Designing for the Future, and for Sustainability
10/07/2025 | Andy Shaughnessy, I-Connect007If you have not yet taken a class from Fil Arzola, you are missing out. In late October, Fil will be teaching the class "Building Sustainable Model-Based PCBs," speaking from the design perspective. I had the pleasure of catching this course at last year's IPC APEX EXPO, and I walked away with a lot to think about. I asked Fil to discuss his upcoming course. Registration is open now.
ICAPE Group Unveils Exclusive Report on Sustainability in Electronics Manufacturing
09/15/2025 | ICAPE GroupICAPE Group, a global leader in printed circuit boards (PCBs) and custom electronics manufacturing, today announces the launch of its 2025 Industry Outlook & Innovation Report: Sustainability in Electronics Manufacturing. This exclusive report is accompanied by fresh insights from a dedicated Statista survey of 100 electronics manufacturing professionals, commissioned by ICAPE Group.
Sustainability and Selective Soldering
09/15/2025 | Dr. Samuel J. McMaster, Pillarhouse InternationalSustainability is more than just a buzzword for the electronics industry; it’s a key goal for all manufacturing processes. This is more than a box-ticking exercise or simply doing a small part for environmentally friendly processes. Moving toward sustainable solutions drives innovation and operational efficiency.
I-Connect007 Editor's Choice: Five Must-Reads for the Week
08/22/2025 | Andy Shaughnessy, I-Connect007In this week’s roundup, we have a variety of articles covering design, manufacturing, sustainability, and, of course, tariff negotiations. We have a milestone anniversary to celebrate as well, with Dan Beaulieu about to publish his 1,000th column. When does Dan even sleep? Here’s to hoping that we have 1,000 more weeks of "It’s Only Common Sense."