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Editor’s note: Compliance Week’s four-part case study, “Reaching into the value chain: How Flex helps drive sustainability beyond its walls,” is available exclusively to CW members.
When Flex joined the Science Based Targets initiative (SBTi) in 2021, the company looked closely at what it could do to reduce its Scope 1, 2, and 3 greenhouse gas (GHG) emissions in line with Paris Agreement goals. Flex’s 2030 sustainability goals are a product of that effort with the SBTi.
The company’s emissions-related reduction goals through 2030 include:
All three are ambitious goals, with the first being most feasible, practically speaking. That challenge falls within the company’s control. The second and third goals are trickier because they depend on the sustained partnership of suppliers and customers, respectively.
“Based on our 2019 data, 99.2 percent of GHG emissions are Scope 3. Scope 1 is 0.1 percent and Scope 2 is 0.7 percent. The balance is in the supply chain,” David Gessler, vice president of procurement and supply chain management at Flex, said. Flex’s Scope 1, 2, and 3 percentage breakdowns stayed generally constant in 2020 and 2021, according to its sustainability reports.
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Annual Membership $499 Value offer
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