Flex, officially known as Flex Ltd., is a leading global provider of manufacturing and supply chain solutions, headquartered in Singapore (SG). Founded in 1969, the company has established a strong presence in various operational regions, including North America, Europe, and Asia. Flex operates primarily in the electronics and technology sectors, offering a diverse range of services such as design, engineering, and logistics. With a commitment to innovation, Flex is renowned for its advanced manufacturing capabilities and sustainable practices, setting it apart in a competitive market. The company has achieved significant milestones, including strategic acquisitions and partnerships that enhance its service offerings. Flex's dedication to quality and efficiency has solidified its position as a trusted partner for many Fortune 500 companies, making it a key player in the global supply chain landscape.
How does Flex's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Flex's score of 37 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Flex Ltd. reported total greenhouse gas (GHG) emissions of approximately 747,890,000 kg CO2e, which includes 86,991,000 kg CO2e from Scope 1 and 660,906,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to achieve net zero GHG emissions by 2040. This commitment was established in 2022, building on over 20 years of emissions reduction efforts. Flex has also committed to reducing absolute Scope 1 and 2 GHG emissions by 50% by 2030, using 2019 as the baseline year. Additionally, the company aims for 70% of its customers, based on emissions from purchased goods and services, capital goods, and the use of sold products, to have science-based targets by 2025. These targets align with the 1.5°C climate goal, demonstrating Flex's dedication to sustainable practices and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2010 | 2011 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 118,930,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 1,251,884,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Flex is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.