Energy Efficiency, GHG Emissions, Industrial - July 15, 2022
Flex Sets 2040 Goals
Flex announced a commitment to reach net zero GHG emissions by 2040 and plans to invest in site and system efficiencies, procuring and deploying renewable energy.
The global manufacturer reported its 2021 sustainability accomplishments include a 14% decrease in Scope 1 and 2 GHG emissions from a 2019 baseline year.
Flex announced that 29% of preferred suppliers and 48% of specified customers set GHG emissions reduction and science-based targets, respectively.
Details were provided in its 2022 sustainability report.
“Our 2021 achievements are encouraging and motivate us to continue pushing toward our 2030 sustainability goals. The progress we’ve made to date and commitment to reach net zero emissions by 2040 are only possible through the unwavering efforts of our 170,000 employees and ongoing collaboration with our suppliers and customers,” said Revathi Advaithi, CEO in a statement. “Now, more than ever, companies across every industry and sector must take purposeful steps to address the climate crisis and champion a more sustainable way of working. Flex is dedicated to doing its part to accelerate climate action and helping our value chain partners do the same.”
In 2021, Flex announced a new long-term sustainability strategy, framework, and a comprehensive set of targets, aligned with the United Nations Sustainable Development Goals and UN Global Compact’s 10 principles.
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