Flex

Flex's total reported greenhouse gas emissions in 2024 were approximately 147.5 billion kg CO2e. This includes Scope 1 emissions of 78.9 million kg CO2e, Scope 2 market-based emissions of 417.6 million kg CO2e, and Scope 3 emissions of 147.1 billion kg CO2e.

Looking back, Flex's total reported emissions in 2023 were approximately 115.9 billion kg CO2e, comprising Scope 1 emissions of 83.6 million kg CO2e, Scope 2 market-based emissions of 503.6 million kg CO2e, and Scope 3 emissions of 115.3 billion kg CO2e. In 2022, total reported emissions were around 137.4 billion kg CO2e, with Scope 1 at 87.0 million kg CO2e, Scope 2 market-based at 555.0 million kg CO2e, and Scope 3 at 136.8 billion kg CO2e.

Flex has set near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2019 base year. These targets are validated by the Science Based Targets initiative (SBTi) and are consistent with a 1.5°C warming scenario. The company also commits that 70% of its customers by emissions covering purchased goods and services, capital goods, and use of sold products will have science-based targets by 2025. Additionally, Flex is committed to achieving net-zero greenhouse gas emissions across all scopes by 2040. As of 2023, Flex has achieved a milestone with 51% of its preferred suppliers setting greenhouse gas emission reduction targets through its Supplier Greenhouse Gas Emission Reduction Program, working towards a goal of 100% by 2030.