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Electrical Machinery Manufacturing
SG
updated 2 days ago

Flex

Company website

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.

63

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.

27

Industry Benchmark

Flex's score of 63 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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Flex's reported carbon emissions

In 2023, Flex Ltd., headquartered in Singapore (SG), reported significant carbon emissions across various scopes. The total emissions included approximately 83,630,000 kg CO2e for Scope 1 and about 503,628,000 kg CO2e for Scope 2, with a total of approximately 115,278,100,000 kg CO2e for Scope 3 emissions globally. Notably, Flex has committed to reducing its absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the baseline year. This target is part of their broader strategy to achieve net zero emissions by 2040. Flex's emissions reduction initiatives are aligned with the Science Based Targets initiative (SBTi), which includes a commitment that 70% of its customers will have science-based targets by 2025. The company has already achieved a 14% reduction in absolute Scope 1 and 2 emissions from the 2019 baseline by 2021. Flex's climate commitments reflect a proactive approach to sustainability, aiming for substantial reductions in greenhouse gas emissions while supporting its supply chain in adopting similar practices.

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. This request for Flex is in SG, which has a low grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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
Reduction Actions

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