-
- 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
Flex Releases 2021 Sustainability Report
June 23, 2021 | FlexEstimated reading time: 2 minutes
Flex released its 2021 sustainability report, summarizing the company’s calendar year 2020 sustainability performance and results against the Flex 20 by 2020 goals. The report demonstrates Flex’s commitment to sustainable manufacturing operations, providing a safe environment for employees, applying responsible business practices and contributing to its communities during an unparalleled year. Prepared in accordance with the GRI Standards: Core option, the Flex 2021 sustainability report can be viewed at Flex's website.
In 2020, the company concluded its Flex 20 by 2020 strategy and goals in alignment with the United Nations Sustainable Development Goals and UN Global Compact’s ten principles. In total, Flex met 16 of its 20 goals across focus areas including people, community, environment, integrity and supply chain.
2020 key highlights
- 92% growth in renewable energy use year over year
- 21% reduction in incident rate year over year
- Screened 100% of new global suppliers using social and environmental criteria
- Conducted in-person Code of Business Conduct and Ethics training at 100% of Flex sites with direct labor employees
In response to the COVID-19 pandemic, the Flex Foundation, the company’s nonprofit charity arm, supported the relief efforts of a number of nonprofits globally. These partnerships included the Solidarity Response Fund – World Health Organization. In 2020, the Flex Foundation provided financial contributions, grants and mask donations across 33 local projects in 12 countries, benefiting an estimated 200,000 people. Additionally, the company donated 16.5 million Flex-made masks to employees and surrounding communities.
In 2020, Flex was recognized as an FTSE4Good Index Series constituent for the fifth consecutive year, received an A and A- rating from CDP (formerly Carbon Disclosure Project) for its disclosures in water security and climate change, respectively, and maintained the highest disclosure and transparency scores from Institutional Shareholder Services, among other accolades for its sustainability efforts.
“Sustainability is at the core of what we do to not only responsibly build great products for our customers, but also do our part in contributing to a healthier future. 2020 was a year unlike any other, and I am incredibly proud of the dedication, resiliency and adaptability demonstrated by our global workforce to help us meet many of our Flex 20 by 2020 goals and support our communities throughout the COVID-19 pandemic,” said Kyra Whitten, vice president, Marketing, Communications and Sustainability at Flex. “Continuing our purposeful journey, we are well-positioned to scale proven best practices, apply invaluable lessons learned and drive more transparency to advance our long-term vision of sustainability and help our customers achieve their sustainability aspirations.”
2030 sustainability strategy and goals
Building on nearly 20 years of sustainability experience and investment, Flex refreshed its sustainability strategy and framework and announced its most ambitious goals yet in 2021. As part of its strategy, the company is committed to significantly lowering emissions through science-based targets in partnership with suppliers and customers, investing in its communities, advancing a safe, inclusive and respectful work environment for all and driving ESG-compliant practices with transparency. Flex will begin reporting progress on its 2030 goals in 2022.
Suggested Items
Janene Stinson, Boeing, Earns IPC Excellence in Education Award at IPC APEX EXPO 2024
04/22/2024 | IPCThe IPC Excellence in Education award was presented to Janene Stinson, Boeing, at IPC APEX EXPO 2024 in Anaheim, California, in recognition of her significant contributions to workforce development and leadership.
Zentech’s Board of Directors Announces the Return of Matt Turpin as President and CEO
04/22/2024 | Zentech ManufacturingTurpin draws upon over 35 years of experience in the electronics industry and has an 18-year history with Zentech. He previously served as President and CEO from 2006 to 2019 after which time he has remained active in the EMS industry as an advisor to Zentech and other industry organizations.
IDTechEx Report Unveils 3D Electronics Status and Opportunities
04/22/2024 | PRNewswire3D electronics is an emerging manufacturing approach that enables electronics to be integrated within or onto the surface of objects. 3D electronic manufacturing techniques empower new features, including mass customizability, greater integration, and improved sustainability in the electronics industry.
IDTechEx Examines the Opportunities for Wearables in Digital Health
04/19/2024 | IDTechExIDTechEx’s report, “Digital Health and Artificial Intelligence 2024-2034: Trends, Opportunities, and Outlook”, covers this ongoing trend in the consumer health wearables market and includes analysis of the opportunities and roadmap for biometric monitoring.
ZESTRON Welcomes Whitlock Associates as New Addition to their Existing Rep Team in Florida
04/19/2024 | ZESTRONZESTRON, the leading global provider of high-precision cleaning products, services, and training solutions in the electronics manufacturing and semiconductor industries, is thrilled to announce the addition of Whitlock Associates to its esteemed network of sales representatives.