A global sustainability strategy connecting sites worldwide
Flex’s sustainability strategy is crafted to generate action both within our organization and beyond, ultimately enabling a better future for our communities and the world while delivering value as a global manufacturing partner.
Our sustainability strategy and goals prioritize areas which deliver value to our business and the world.
- The world:
The United Nations Sustainable Development Goals (UN SDGs) are global calls to action that address society’s largest ambitions by 2030. Our sustainability strategy contributes to the advancement of the UN SDGs where we can make the most impact: #3 Good health and well-being, #8 Decent work and economic growth, #12 Responsible consumption and production, and #13 Climate action. Every community initiative, goal, and sustainability activity at Flex ladders up to one or more of these goals.
Actionizing our global sustainability program
Our sustainability program is supported by a top-down governance structure that facilitates action toward our global sustainability efforts at sites worldwide. The Sustainability Program Management Office (PMO) works across the organization to set and track sustainability goals. At the top, our Board of Directors provides strategic guidance and oversees risk. Site teams then manage local sustainability plans and report monthly to address issues. And the Executive Council, including the CEO and ELT, meets regularly to provide guidance.
Localizing our global strategy: net zero greenhouse gas emissions
A prime example of the importance of regionalizing a global sustainability strategy is how we manage our goal of cutting operational emissions in half by 2030 and ultimately reach net zero greenhouse gas emissions by 2040. This commitment is critical to our stakeholders and to achieving global impact.
To achieve our operational emission reduction goal, we’re taking a three-pronged approach: increasing energy efficiencies, utilizing renewable energy resources, and buying renewable energy.
For example, some sites are more suited for solar power installations. In 2023, Flex installed and expanded on 14 on-site photovoltaic solar farms, including in China and Malaysia, representing a savings of approximately 7.5k tons of CO2e annually starting in 2024. By doing so, we are not only helping reduce our own carbon footprint and achieve energy efficiencies, but we are supporting our ecosystem of customers and suppliers to achieve their environmental goals as well.
Die Flex Foundation continuously works to support organizations that uplift the communities we serve, generating positive change and strategically supporting global, sustainable calls to action. The foundation’s activities support our Nachhaltigkeitsstrategie und -ziele 2030 and are aligned with the UN SDGs.
To succeed as a global manufacturing partner with sustainable practices, it is crucial to have a deep understanding of local contexts and needs. By implementing a robust sustainability strategy across our sites and communities worldwide, we can drive meaningful impact and contribute to a more sustainable future. As we move forward on our sustainability journey, it is clear that localizing sustainability is not just an option or a compliance necessity; it is a vital requirement for fostering community and sustainability in an increasingly complex world.