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Flex, officially known as Flex Ltd., is a leading player in the electrical machinery and apparatus sector, headquartered in the United States. Founded in 1969, the company has established a strong presence in various operational regions, including Asia and Europe, and has achieved significant milestones in its journey.
Specialising in innovative design and manufacturing solutions, Flex offers a diverse range of products and services, including advanced electronics, automotive components, and healthcare devices. What sets Flex apart is its commitment to sustainability and cutting-edge technology, ensuring high-quality and efficient solutions for its clients.
With a robust market position, Flex has garnered recognition for its exceptional supply chain management and customer-centric approach, making it a trusted partner for businesses across multiple industries.
+17 vs industry average
Flex’s score of 48 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing has above-average carbon intensity
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
Flex reported total Scope 1, 2, and 3 emissions of approximately 147.58 billion kg CO2e in 2024. This includes about 78.9 million kg CO2e from Scope 1, 417.6 million kg CO2e from Scope 2 (market-based), and 147.08 billion kg CO2e from Scope 3 emissions.
In 2023, Flex's total emissions were approximately 115.87 billion kg CO2e. This comprised around 83.6 million kg CO2e from Scope 1, 503.6 million kg CO2e from Scope 2 (market-based), and 115.28 billion kg CO2e from Scope 3.
Flex has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using a 2019 base year. They also aim to achieve net-zero greenhouse gas emissions across all scopes by 2040. Additionally, Flex aims for 50% of its preferred suppliers to set emissions reduction targets by 2025 and 100% by 2030. As of 2023, 51% of preferred suppliers had set greenhouse gas emission reduction targets. These targets are approved by the Science Based Targets initiative (SBTi), categorised as consistent with keeping warming to 1.5°C.
2030
50% reduction in Scope 2
Flex commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year*. Flex commits that 70% of its customers by em…
2030
50% reduction in Scope 1
Flex commits to reduce absolute scope 1 and 2 GHG emissions 50% by 2030 from a 2019 base year*. Flex commits that 70% of its customers by em…
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Common questions about Flex’s sustainability data and climate commitments
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