Flex, officially known as Flex Ltd., is a leading global provider of manufacturing solutions headquartered in the United States. Founded in 1969, the company has established a strong presence in various operational regions, including Asia, Europe, and the Americas. Specialising in electronics manufacturing services (EMS) and original design manufacturing (ODM), Flex offers a diverse range of products and services that cater to industries such as automotive, healthcare, and consumer electronics.
With a commitment to innovation, Flex has achieved significant milestones, including advancements in sustainable manufacturing practices. The company is recognised for its unique ability to integrate design, engineering, and supply chain solutions, positioning itself as a key player in the competitive landscape of the manufacturing industry. Flex's dedication to quality and customer satisfaction has earned it a reputation as a trusted partner for businesses seeking comprehensive manufacturing solutions.
+19 vs industry average
Flex’s score of 55 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Flex's reported carbon emissions
Flex reported a total of approximately 147.6 billion kg CO2e in emissions for the year 2024. This includes Scope 1 emissions of about 78.9 million kg CO2e, Scope 2 emissions of approximately 417.6 million kg CO2e (market-based), and substantial Scope 3 emissions totalling about 147.1 billion kg CO2e. For 2023, Flex's total emissions were around 115.9 billion kg CO2e, with Scope 1 at approximately 83.6 million kg CO2e, Scope 2 at about 503.6 million kg CO2e (market-based), and Scope 3 at roughly 115.3 billion kg CO2e. Flex has set ambitious climate commitments. The company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030, using 2019 as the baseline year. This commitment aligns with a 1.5°C warming scenario as per Science Based Targets initiative (SBTi) standards. Flex also has a long-term goal to achieve net zero GHG emissions by 2040. In 2024, Flex reported a 43% reduction in absolute Scope 1 and 2 GHG emissions compared to the 2019 baseline.
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Flex’s Climate Goals (2030 & 2050)
2 goals2040
50% reduction in all scopes
Flex has committed to reduce absolute Scope 1 and 2 emissions by 50% by 2030 and to achieve net-zero emissions across its operations by 2040…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 2 climate goals
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Scope 3 top emissions categories
12 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Flex’s sustainability data and climate commitments
Data year: 2024
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