The Shaughnessy Report: The Designer of Tomorrow
Designers Notebook: Impact of Advanced Semiconductor Packaging on PCB Stackup
Fresh PCB Concepts: PCB Stackup Strategies—Minimizing Crosstalk and EMI for Signal Integrity
Flex Releases its 2024 Sustainability Report
September 13, 2024 | FlexEstimated reading time: 1 minute
Flex published its 2024 sustainability report, highlighting the company's global sustainability performance and progress from calendar year 2023. Flex's 2030 sustainability strategy, goals and initiatives focus on minimizing the company's environmental impact, creating a safe, inclusive, and respectful work environment, investing in communities, driving ethical practices with transparency, and accelerating a more sustainable value chain in partnership with customers and suppliers.
"Taking meaningful steps forward on our sustainability journey and toward our goals is made possible through the contributions of our talented, passionate global workforce and valued partnerships with our customers and suppliers," said Kyra Whitten, Senior Vice President, Corporate Marketing, Communications, and Sustainability at Flex. "As an advanced, end-to-end global manufacturer, we remain committed to embedding sustainability into our practices as we design, source, build, deliver and manage our customers' products."
2023 sustainability accomplishments
- 33% decrease in absolute scope 1 and 2 greenhouse gas emissions (GHG) from our 2019 baseline1
- 25% of electricity usage powered by renewable energy2
- 100% of major sites3 continued to partner with a local non-governmental organization
- 20% reduction in safety incident rate year-over-year
- 51% of preferred suppliers and 80 percent of specified customers4 had greenhouse gas emissions reduction and science-based targets, respectively
Flex was also recognized for its sustainability leadership and performance, receiving a 2023 Manufacturer of the Year Award from the Manufacturing Leadership Council and National Association of Manufacturers for best-in-class achievement and transformational leadership to drive a new era of advanced, sustainable manufacturing, Ethisphere's World's Most Ethical Company® recognition for the second year in a row, and a FT-Nikkei Statista Asia-Pacific Climate Leader recognition, among others. Additionally, the company maintained an A- CDP score for Climate Change and an AA rating from Morgan Stanley Capital International (MSCI), acknowledging global industry leadership in managing financially relevant sustainability risks and opportunities.
Share on:
Suggested Items
Hot Off the Press: Explore the New Issue of IPC Community
01/14/2025 | IPC Community Editorial TeamThe latest digital copy of IPC Community, is now ready to view. Each quarter, IPC Community provides exclusive interviews and practical tips on what’s happening with IPC and its members. Find stories on IPC student leadership, successful women in business, the trouble with tariffs, the inside workings on an IPC mentorship duo, standards updates, and so much more.
Delta Electronics Thailand Achieves Sustainability Disclosure Award for the 7th Consecutive Year
01/07/2025 | Delta ElectronicsDelta Electronics (Thailand) Public Company Limited announced that it has received the Sustainability Disclosure Award 2024, marking its seventh consecutive year of recognition since 2017.
ROHM Selected as a Constituent of the Dow Jones Sustainability Asia Pacific Index for the First Time
01/01/2025 | ROHMROHM has been selected for the first time as a constituent of the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific), one of the Dow Jones Sustainability Indices (DJSI), a leading global ESG (Environment, Social, Governance) investment indices, which is composed of companies in the Asia-Pacific region.
ViTrox Achieves 4-Star FTSE4Good ESG Rating and Secures FTSE Bursa Malaysia Mid 70 Index Inclusion
01/01/2025 | ViTroxViTrox achieved a remarkable milestone with a 4-star FTSE4Good ESG rating, solidifying its consistent commitment to sustainability and responsible corporate practices. Companies attaining a FTSE4Good ESG Rating of 3.7 or higher earn this distinguished recognition, and ViTrox remains among the top 3% of performers worldwide in the Industry Classification Benchmark (Technology) Supersector, as evaluated by FTSE Russell.
BOOK EXCERPT: The Printed Circuit Assembler's Guide to... Encapsulating Sustainability for Electronics, Chapter 4
12/31/2024 | I-Connect007Bio-based encapsulation resins have the potential to contribute to sustainability targets by extending product lifetime and improving performance. The author explores the use of recycled materials such as biogenic waste and lightweight expandable polymers to create more efficient and environmentally friendly encapsulation resins.