Flex 20 by 2020 – Progress Report

 

 

Flex has established 20 goals targeted for 2020 that align with the United Nations Sustainable Development Goals. These goals reflect our commitment to the highest standards for our People, Community and Environment. Innovation and Integrity are core priorities for our leadership, and we ensure that these traits are reflected in how we run our operations and supply chain.

Goals

Increase Employee Development
Increase the average training reach to employees by 5 percent year over year (Base year 2016).

CY2016 5% year over year
Base Year Target
Key Performance Indicators (KPIs)
Average number of hours of training per employee
2016

Setting baseline

Increase Flex Pledge Audits
Audit 100 percent of all Flex manufacturing sites to ensure regulatory and Flex Pledge compliance.

Fixed target 100%
Target
Percentage of sites completing Flex Pledge audits
2016

Increase Human Rights Policy Training Completion
Train new employees on Flex human rights policy, with a 95 percent or higher completion rate.

Fixed target 95%
Target
Percentage of new employees completing Human Policy Training
2016

Under development

Increase EICC Compliance for Rest Day Requirements
Ensure full compliance with EICC rest day requirements.

Fixed target 95%
Target
Percentage of employees that complied with the EICC rest day requirements 1
2016

(1) Covering hourly production workers in China, Mexico, USA, Malaysia, Indonesia and Singapore.

Decrease Incident Rate
Promote a zero injury culture and achieve a reduction in the global incident rate of at least 10 percent (Base year 2015).

CY2015 10%
Base Year Target
Incident rate 2
2016

(2) Number of employees per 100 full-time employees that have been involved in a recordable injury or illness.

Goals

Increase Volunteer Hours
Increase global volunteer hours by 15 percent (Base year 2015).

CY2015 15%
Base Year Target
Key Performance Indicators (KPIs)
Number of volunteer hours
2016

Increase Percentage of Sites with Community Activities
Maintain percentage of sites with implemented local community engagement activities at 90 percent or higher.

Fixed target 90%
Target
Percentage of sites with community activities
2016

Implement Worker Empowerment Training Program
Improve the technical and vocational skills of manufacturing employees by partnering with an NGO to develop a Worker Empowerment Training Program at 20 supplier sites.

Fixed target 20 supplier sites
Target
Number of supplier locations that participated in Worker Empowerment Training Program
2016

Under development

Implement Flex Foundation — Community Grants
Partner with nonprofit organizations to provide life-long learning, technical and vocational skills and innovation and entrepreneurship at 100 percent of our sites that have an employee population of over 5,000.

Fixed target 100%
Target
Percentage of sites with community grants 3
2016

(3) Sites with 5,000 or more employees.

Goals

Decrease CO2 Emissions
Reduce CO2 emissions by at least 10 percent normalized to revenue (Base year 2016).

CY2016 10%
Base Year Target
Key Performance Indicators (KPIs)
CO2 emissions (Tonnes/$ M of Revenue)
2016

Setting baseline

Increase Use of Renewable Energy
Increase the utilization of renewable energy by deploying a minimum of two megawatts of solar power annually and/or procuring the same amount of power from third party renewable sources.

CY2016 2MW year over year
Base Year Target
MW of renewable energy used
2016

Setting baseline

Decrease Water Consumption
Reduce overall water consumption by at least 10 percent absolute (Base year 2015).

CY2015 10%
Base Year Target
Water withdrawn (m3)
2016

Increase Water Recycling
Increase recycled water rate to 10 percent (Base year 2015).

CY2015 10%
Base Year Target
Percentage of water recycled
2016

Increase Waste Diversion Rate
Achieve and maintain a diversion rate of waste from manufacturing processes at or above 95 percent.

Fixed target 95%
Target
Waste diversion rate 4
2016

(4) Percentage of waste diverted from landfill destinations.

Increase the Number of Powered Homes Equivalent
Flex Energy Solutions will have manufactured enough solar PV modules and solar trackers to power 3.5 million homes.

Fixed target 3.5 million of homes
Target
Number of powered homes equivalent
2016

Decrease Cost of Electricity to the Grid vs Fossil Fuels
Flex Energy Solutions' renewable energy systems will provide electricity to the grid at a cost which is 5 percent less expensive than the average cost from fossil fuel sources.

Fixed target 5%
Target
Percentage of cost reduction of electricity to the grid vs fossil fuels 5
2016

(5) Fossil Fuel Average LCOE ($MWh) = $89, Source: Lazard's Levelized Cost of Energy Analysis (Ver 9.0). Solar Industry Average LCOE ($MWh) = $59.

Goals

Implement In-person Training on CoBCE
Conduct in-person Code of Business Conduct and Ethics (CoBCE) training at 100 percent of Flex sites with direct labor employees.

Fixed target 100%
Target
Key Performance Indicators (KPIs)
Percentage of sites completing in-person training on Code of Business Conduct and Ethics
2016

Under development

Increase CoBCE Training Completion
New Code of Business Conduct and Ethics online training to be completed annually by 100 percent of eligible employees.

Fixed target 100%
Target
Percentage of employees completing Code of Business Conduct and Ethics online training 6
2016

(6) Does not include individuals who have recently joined Flex through acquisitions, employees on leave of absence and direct labor.

Goals

Increase CSER Supplier Training
Increase percentage of suppliers (Flex Tier 1 and Flex-controlled) who completed CSER training by 10 percent annually (Base year 2015).

CY2015 10% year over year
Base Year Target
Key Performance Indicators (KPIs)
Number of suppliers trained
2016

Increase Supplier Screening on Social and Environmental Criteria
Keep percentage of all new Flex-controlled suppliers screened on social and environmental criteria at 85 percent or higher.

Fixed target 85%
Target
Percentage of new suppliers screened on social and environmental criteria
2016