Flex
Electronic Manufacturing Services
US company headquartered in Singapore. Formerly known as Flextronics. Founded in 1969, it provides electronics design, manufacturing and supply chains for original equipment manufacturers (OEMs). It operates in more than 30 companies in the Americas, Europe, the Middle East and Asia. Its customers include Google, Apple, Huawei, Microsoft, Ford and Hewlett Packard.

Overall

Owned USA
Rating C
About the Ratings
Flex Ltd
USA

Company Assessment

Flex Ltd
Praise
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of A-.
Source: CDP (2023)
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of A-.
Source: CDP (2023)
This company received an S&P Global ESG Score of 65/100 in the Electronic Equipment, Instruments & Components category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
World's Most Sustainable Companies of 2024 by TIME and Statista recognises the Top 500 most sustainable companies in the world. From a selection of 5,000 of the world's largest companies, non-sustainable businesses were excluded, and the remaining companies were rated on Commitment & Ratings, Reporting & Transparency, and Environmental & Social Stewardship. This company received a total score of 54.6/100, ranking 454th overall.
Source: TIME (2024)
Criticism
As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 43% (Minimal).
Information
Half of this company's workers in Malaysia are foreign and employed through work agencies to whom the workers pay illegal recruitment fees for false promises of direct contracts. They receive wages lower than promised for working up to 26 days of 12 hour shifts when contracts stipulate 8 hours. Salaries are often delayed for up to 6 months, overtime is not compensated, breaks are unpaid and medical leave is a pay deduction. Passports are withheld by the work agencies and they have no right to join trade unions.
This 2011 report is a follow-up to a 2008 Make IT Fair report which researched working conditions at four electronics factories operating in China. While conditions have improved, workers still endure excessive overtime, low wages and disrespect of union rights.
Source: SOMO (2011)
This 2015 report by Good Electronics rates electronics companies on their compliance with labour rights in Mexico. This company was rated 'insufficient'.
This company received a score of 20.6/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
Source: RMI (2019)
This company has Corporate Social and Environmental Responsibility claims on its website in the areas of people, environment, ethics and governance and community partnership.
This company is a member of the Responsible Business Alliance (formerly the Electronic Industry Citizenship Coalition), a non-profit coalition of electronics companies which supports the rights and wellbeing of workers and communities worldwide affected by the global electronics supply chain. RBA members commit and are held accountable to a common Code of Conduct and utilize a range of RBA training and assessment tools to support continuous improvement in the social, environmental and ethical responsibility of their supply chains.
Source: RBA (2022)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
This company is listed on the Facing Finance website as a company that manufactures weapons or profits from violations of human rights, pollution, corruption, or international law. Follow link for further details.

Company Details

Type:
Public company
Revenue:
26.1 billion USD (2014)
Employees:
150,000 (2014)

Contact Details

Address:
San Jose, California, USA
Website:
www.flex.com

Products / Brands