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Flex Named to TIME's World's Best Companies List for Second Consecutive Year
September 26, 2024 | FlexEstimated reading time: 1 minute
Flex announced its inclusion on TIME's 2024 World's Best Companies list, a comprehensive analysis conducted to identify the top performing companies across the globe.
"We are honored to join this year's list of TIME's World's Best Companies," said Revathi Advaithi, Chief Executive Officer of Flex. "This recognition is a direct reflection of our commitment to creating a safe, inclusive and respectful work environment, embracing sustainable manufacturing practices, and delivering long-term value for our stakeholders."
The ranking is presented by TIME and Statista, a leading international provider of market and consumer data and rankings. Companies on the list were evaluated based on three primary dimensions: Employee Satisfaction, Revenue Growth and Sustainability Transparency.
- Employee satisfaction: The surveys were conducted in over 50 countries with data collected from approximately 170,000 participants. The evaluation of employers encompassed image, atmosphere, working conditions, salary, and equality by verified employees as well as direct and indirect recommendations.
- Revenue growth: Companies had to meet certain criteria to be considered, including generating a revenue of at least US $100 million in the last available fiscal year and demonstrating positive revenue growth from 2021 to 2023.
- Sustainability transparency: Evaluated based on ESG data among standardized KPIs from Statista's ESG Database and targeted data research.
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Global Citizenship: Our Strength Comes From Working Together
09/25/2024 | Tom Yang -- Column: Global CitizenshipLast time, we discussed the similarities between Chinese and American companies, and I am excited to say that we found many. It made me think about ways companies from both countries and cultures can successfully work together when we put aside our differences and combine our resources. So, I did some research and found these examples.
Global Sourcing Spotlight: The Importance of Cooperative Partnerships
09/18/2024 | Bob Duke -- Column: Global Sourcing SpotlightIn today's interconnected world, global sourcing has evolved from a mere transaction to a complex web of relationships. The days when finding the cheapest supplier was the goal are long gone. Instead, the focus has shifted to building cooperative partnerships that ensure not only cost efficiency but also reliability, quality, and sustainability. The success of any global sourcing strategy hinges on the ability to foster these partnerships, which are based on mutual trust, shared goals, and a deep understanding of each other's strengths and limitations.
GlobalFoundries, Silicon Catalyst Partner to Accelerate Differentiated Technology Solutions for Semiconductor Startups
09/17/2024 | GlobalFoundriesGlobalFoundries (GF) and Silicon Catalyst, the world’s only incubator+accelerator focused exclusively on semiconductor solutions, today announced that GF has joined the incubator’s semiconductor startup ecosystem as a Strategic Partner and an In-Kind Partner (IKP).
Home Energy Management Systems Booming in Europe and North America
09/16/2024 | Berg InsightBerg Insight, the world’s leading IoT market research provider, today released a new market report covering the Home Energy Management Systems (HEMS) market. In this study, a HEMS is defined as a system that at minimum consists of a solar PV system, battery storage system and a web-based management portal or smartphone app that allows for remote monitoring and control of the system.
Jabil to Expand Operations in India
09/10/2024 | JabilJabil Inc. announced it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu state government as part of the company’s planned expansion in Tiruchirappalli, Tamil Nadu, India.