-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Jabil Makes Meaningful Sustainability Progress, Releases Fiscal Year 2022 Report
February 21, 2023 | Business WireEstimated reading time: 3 minutes
Jabil Inc. released its fiscal year 2022 Sustainability Report, summarizing the meaningful progress through action the company is taking toward its five-year sustainability goals.
In 2021, Jabil announced data-driven, science-based goals, designed to propel the company forward in its sustainability journey and provide fresh opportunities for growth, value creation, and long-term business resiliency. This year’s report was prepared in alignment with the Global Reporting Initiative (GRI) Standards, providing highlights of the year since the company publicly stated its goals.
“At Jabil, our focus on sustainability is grounded by our actions. I am proud of the positive progress we’ve made,” Mark Mondello, Jabil’s chief executive officer and chairman of the board, said. “Our stakeholders expect us to always do the right thing when it comes to environmental, social and governance issues. We are a responsible leader, as we strive to meet our internal sustainability goals, while thoughtfully supporting our customers with their objectives, as well.”
Fiscal year 2022 accomplishments:
- Reduced operational emissions by 23%, compared to our 2019 baseline. Approximately 1.17 million metric tons of CO2e were avoided using renewable energy in fiscal year 2022.
- Reduced the amount of hazardous waste from Jabil sites globally by 25% and increased the amount of recycled waste by 45%
- Decreased water acquired in areas of high-water stress by 18%
- Completed over 1.1 million volunteer hours in our local communities, achieving our bold goal to give back one million volunteers hour in calendar year 2022
- Issued a $500 million aggregate principal amount Green Senior Note due 2027
- Signed a commitment letter with the Science Based Targets Initiative (SBTI) to help lead the way to a zero-carbon economy, putting Jabil on the path to carbon neutrality by 2045
- Developed 24 new programs for employees with disabilities worldwide
- Implemented at least one health and wellbeing program at 93% of manufacturing sites
In addition to Jabil’s fiscal year 2022 sustainability accomplishments and progress, the report also outlines ways the company supports its customers on their sustainability journey.
“Emerson has set an ambitious goal to achieve net zero greenhouse gas (GHG) emissions across our value chain by 2045. This goal is reflective of our commitment to ensuring our business practices are sustainable, and value chain collaboration is a key pillar of our strategy. As a strategic partner, Jabil’s progress on sustainability issues is vital to our own success and increasing focus on our shared value chain impact has strengthened our relationship. We are proud to have Jabil as a supply chain partner on our sustainability journey,” Mike Train, chief sustainability officer at Emerson, said, highlighting the important role of collaboration.
“BD prioritizes work with suppliers who demonstrate commitment to the impact areas outlined in our Responsible Sourcing strategy. Jabil’s willingness to be open and transparent about their practices and their plans for implementing further ESG measures demonstrates leadership towards collective impact. Their transparency is an asset to our supply base and will assist BD in taking steps to meet our own ambitious ESG goals. BD looks forward to continued partnership with Jabil where we can magnify these positive impacts,” Amelia Nunn, senior manager, responsible sourcing at BD, stated.
With experience across numerous and diverse industries, Jabil is uniquely positioned in the market.
“While we proactively manage our own environmental impacts, supporting our customers has provided us with deep knowledge of the unique sustainability challenges faced by a wide variety of industries, as well as best practices and expertise from which to draw. The expertise we've garnered by working toward our own sustainability goals can also be leveraged to help our partners and customers reach their targets and thereby create real partnerships with sustainability at their core,” Michael Cooke, Jabil’s vice president of social and environmental responsibility, concluded.
Suggested Items
Micron First to Ship Critical Memory for AI Data Centers
05/01/2024 | MicronMicron Technology, Inc. announced it is leading the industry by validating and shipping its high-capacity monolithic 32Gb DRAM die-based 128GB DDR5 RDIMM memory in speeds up to 5,600 MT/s on all leading server platforms.
HQ NextPCB of HQ Electronics Debut on the International Stage for Electronics Manufacture at IPC APEX 2024
05/01/2024 | PRNewswireHQ NextPCB of HQ Electronics, a leading Chinese-based multilayer PCB manufacturer and assembly house showcased its industrial prowess on the international stage for the first time at the IPC APEX Expo 2024.
GPV’s Q1 2024 Interim Financial Report Shows Strong Navigation in Uncertain Times
05/01/2024 | GPVDanish-based GPV recorded an expected drop in sales to DKK 2.3 billion for the first quarter of 2024. The decline also affected the operating profit, which was DKK 155 million compared to DKK 179 million in the same quarter last year, although the EBITDA margin was maintained. In general, demand has been softer in 2024, but GPV continues to invest for the long-term and expects the trend to turn in the second half of 2024.
The Knowledge Base: A CM’s Perspective on Box Build Practices
04/30/2024 | Mike Konrad -- Column: The Knowledge BaseIn the ever-evolving landscape of electronics manufacturing, the box-build process stands out as a critical phase that bridges the gap between individual component manufacturing and the delivery of a fully functional electronic system. This intricate procedure, encompassing the assembly of everything from PCBs to wire harnesses and mechanical enclosures, demands a high level of precision, efficiency, and innovation. As the electronics assembly industry expands and diversifies, understanding the best practices within box-build assembly has become paramount for manufacturers aiming to stay ahead in a competitive market.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
04/26/2024 | Andy Shaughnessy, Design007 MagazineIn this week’s roundup, we have a variety of articles covering everything from design through assembly, and even box build. I’ve always wondered whether box build was all it was cracked up to be. Do customers really pick one EMS provider over another because one company offers box build? And if you’ve ever wanted to volunteer, IPC’s Thought Leaders Program is looking for a few good technologists to help them on their mission. Check out Stanton Rak’s article, which was published in the spring issue of IPC Community.