Public Profile

Flex

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.

DitchCarbon Score

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.

60

Industry Average

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.

21

Industry Benchmark

Flex's score of 60 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Flex's reported carbon emissions

In 2023, Flex Ltd., headquartered in Singapore, reported significant greenhouse gas emissions, totalling approximately 726,228,000 kg CO2e from Scope 1 and 2 emissions combined. This figure includes about 83,630,000 kg CO2e from Scope 1 and approximately 642,598,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the baseline year. Flex's long-term goal is to achieve net zero greenhouse gas emissions across all scopes by 2040. This commitment reflects a proactive approach to climate action, aligning with industry standards for sustainability. Additionally, Flex aims for 70% of its customers, covering emissions from purchased goods and services, capital goods, and the use of sold products, to have science-based targets by 2025. Overall, Flex's emissions reduction strategy demonstrates a clear commitment to addressing climate change and reducing its carbon footprint in the technology hardware and equipment sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2009201020112014201520162017201820192020202120222023
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
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
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
000,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Flex's primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Flex is headquartered in SG, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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