Flex today published its first Task Force on Climate-Related Financial Disclosures (TCFD) Report, underscoring a commitment to ongoing transparency and assessing the company’s potential risks and impacts of climate change.
We are proud to have released our first TCFD-aligned report, building on nearly a decade of environmental, social and governance (ESG) disclosure and reaffirming our commitment to climate action.
— Paul Lundstrom, Chief Financial Officer, Flex
“Given the growing complexities and impact of climate change on industries, end-markets, and communities globally, we recognize the importance of equipping investors with the information needed to evaluate the climate risks we may face and our opportunities to help advance a more sustainable future,” said Paul Lundstrom, Chief Financial Officer at Flex.
Transparency is deeply embedded into the ethos of our company’s 20-year sustainability journey.
— Kyra Whitten, Vice President, Sustainability, and President, Flex Foundation, Flex
“Disclosures like our TCFD report help us and our stakeholders have a clearer line of sight into the potential challenges posed by climate change, but also shine a brighter light on how our manufacturing solutions are positioned to help bridge the transition to a low-carbon economy,” said Kyra Whitten, Vice President, Sustainability, and President, Flex Foundation at Flex. “We will continue working toward increasing the resiliency of our infrastructure, operations and workforce while remaining committed to our purpose, making great products for our customers that create value and improve people’s lives.”
Flex’s inaugural TCFD report addresses the company’s governance, strategy, risk management practices, and metrics and targets. The report complements the company’s annual CDP (formerly Climate Disclosure Project) disclosures and annual sustainability report.