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 reported a total of approximately 86,991,000 kg CO2e in Scope 1 emissions and about 660,906,000 kg CO2e in Scope 2 emissions globally. The company has set ambitious climate commitments, aiming to achieve net zero greenhouse gas (GHG) emissions by 2040, a goal established in 2022. Flex is also committed to reducing its absolute Scope 1 and 2 GHG emissions by 50% by 2030, using 2019 as the baseline year. This target includes biogenic emissions and removals from bioenergy feedstocks. Flex's initiatives extend to its supply chain, with a commitment that 70% of its customers, based on emissions from purchased goods and services, capital goods, and the use of sold products, will have science-based targets by 2025. The company has been actively working on emissions reduction for over 20 years, demonstrating a long-term commitment to sustainability and climate action.
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.