Flex Releases 2020 Sustainability Report
August 12 2020 - 9:05AM
Business Wire
2019 accomplishments include a 10% growth in
renewable energy use, 20% incident rate reduction and 93% of global
sites hosted community outreach activities
Flex (NASDAQ: FLEX) today released its 2020 sustainability
report, summarizing the company’s global sustainability activities,
performance and results from calendar year 2019. The report
provides a look at how Flex is stewarding sustainable manufacturing
operations to minimize its environmental impact, driving
responsible business practices and contributing to the communities
in which it operates.
Flex’s sustainability efforts focus on five areas, including
people, community, environment, social innovation and integrity,
and align with 20 goals the company set out to reach by the end of
2020. The company’s 20 goals support the advancement of the United
Nations Sustainable Development Goals and the UN Global Compact’s
principles.
2019 key highlights
- 10% increase in renewable energy use year-over-year
- 20% safety incident rate reduction from 2018
- 98% of new global suppliers were screened using social and
environmental criteria
- Women represented 42% of the company’s total workforce and 30%
of the Board of Directors
- 93% of sites hosted community outreach activities, supported by
48,000+ employee volunteer hours
- Nearly 100,000 people benefited from 20+ projects through the
Flex Foundation
In 2019, Flex was recognized as an FTSE4Good Index Series
constituent for the fourth consecutive year, received an A- rating
from CDP (formerly Carbon Disclosure Project) for its disclosures
in climate change and water security and earned the highest
disclosure and transparency score on environmental, social and
corporate governance factors from Institutional Shareholder
Services, among other honors for sustainability initiatives.
“Sustainability is core to Flex’s mission of becoming the most
trusted technology, supply chain and manufacturing partner. As we
determine our next set of sustainability targets, we remain
committed to driving programs that help address broader societal
and environmental issues, such as climate change, and transparently
disclosing our progress toward our goals,” said Kyra Whitten, vice
president, Marketing, Communications and Sustainability at
Flex.
Prepared in accordance with the Global Reporting Initiative
(GRI) standards: Core Option, the Flex 2020 sustainability report
can be viewed at
https://flex.com/company/our-sustainability/reporting-and-alignment.
About Flex
Flex (Reg. No. 199002645H) is the manufacturing partner of
choice that helps a diverse customer base design and build products
that improve the world. Through the collective strength of a global
workforce across 30 countries and responsible, sustainable
operations, Flex delivers technology innovation, supply chain, and
manufacturing solutions to diverse industries and end markets.
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version on businesswire.com: https://www.businesswire.com/news/home/20200812005239/en/
Media & Press Jessica Anderson
Corporate Communications Manager (408) 577-4789
Jessica.Anderson@flex.com
Investors & Analysts David
Rubin Vice President, Investor Relations (408) 577-4632
David.Rubin@flex.com
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