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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Flex's score of 50 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Flex's reported carbon emissions
In 2023, Flex reported total greenhouse gas emissions of approximately 726,228,000 kg CO2e, comprising 83,630,000 kg CO2e from Scope 1 and 503,628,000 kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to achieve net zero greenhouse gas emissions by 2040, a goal established in 2022. Flex has also committed to reducing absolute Scope 1 and 2 emissions by 50% by 2030, using 2019 as the baseline year. This target aligns with the Science Based Targets initiative (SBTi) and includes biogenic emissions and removals from bioenergy feedstocks. Additionally, Flex 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. Historically, Flex's emissions have shown fluctuations, with significant reductions noted from 2019 to 2023. For instance, in 2019, the company reported approximately 826,828,000 kg CO2e in Scope 1 and 2 emissions, indicating a positive trend towards their reduction goals. Flex's headquarters is located in Singapore, and the company operates within the technology hardware and equipment sector, underscoring its commitment to sustainability in a rapidly evolving industry.
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Add to project| 2009 | 2010 | 2011 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
Location emissions 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.
