Flex Ltd..
FLEX.US | Manufacture of electronic components and boards
Flex Ltd. is a global provider of design, engineering, manufacturing, and supply chain services and solutions to a variety of industries. The company offers a range of services, including product design, engineering, manufacturing, supply chain management, and aftermarket services. Flex serves indus...Show More
Better Health for All
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Flex Ltd. initiated a Class 2 device recall in May 2024 for 137 units of its First Source iQ Flex M portable X-ray cart and platform.
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The recall was due to a potential safety hazard where a bolt securing the positioning arm could come loose and fall onto a patient.
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The company is taking action to address the concern and is communicating with consignees, with a spring clip being tested to prevent the bolt from falling out.
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Fair Money & Economic Opportunity
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No evidence available to assess Flex Ltd. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No information was available from the provided articles to assess Flex Ltd. against the 'Fair Pay & Worker Respect' ethical value. The single article provided returned a 404 error and contained no content.
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Fair Trade & Ethical Sourcing
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The provided article pertains to 'Flex|N|Gate Group in Canada', which is a distinct entity from FLEX.US (Flex Ltd.), the company being assessed.
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Therefore, no evidence from the article can be applied to Flex Ltd. All KPIs are omitted due to a lack of relevant data for the specified company.
Honest & Fair Business
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No specific, concrete data points were found in the provided articles that could be mapped to the quantitative thresholds of the KPIs in the rubric for Flex Ltd. (FLEX.US). While an A- CDP score and AA MSCI rating were mentioned, these are letter grades and cannot be directly mapped to the numerical transparency index tiers.
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Information regarding a whistleblower policy and anti-corruption policy was found for "FLEX FOODSLimited," which is a different entity than the assessed company, FLEX.US.
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The articles also noted the use of an independent third-party evaluation firm for board evaluations and Ethisphere's World's Most Ethical Company® recognition, but these do not provide a percentage of ethical claims verified.
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Kind to Animals
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Flex's Supplier Code of Conduct states that animal testing is used for substances, raw materials, pieces, or components within the supply chain.
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The policy expects suppliers to give preference to processes that do not require animal testing or its equivalent.
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No War, No Weapons
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No evidence available to assess Flex Ltd. on No War, No Weapons.
Planet-Friendly Business
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Flex has committed to the Science Based Targets initiative (SBTi).
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The company powers 125% of its electricity usage with renewables, including purchased and on-site generation.
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In 2018, Flex achieved a waste diversion rate of over 91% of campus waste from landfills.
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The company has 51% of its preferred suppliers with GHG reduction targets.
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In 2018, Flex planted over 6,800 trees in 12 countries.
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The company has not reported any environmental compliance violations.
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Flex has adopted TCFD recommendations, integrating climate-related risks into its enterprise risk management (ERM) framework.
Respect for Cultures & Communities
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No specific, concrete data points were found in the provided articles to assess Flex Ltd. against the defined KPIs for 'Respect for Cultures & Communities'. The articles primarily focus on labor conditions or general sustainability metrics without detailing community engagement, cultural preservation, or local economic contributions in a quantifiable manner relevant to the rubric. While one article mentions that 100% of major sites partner with local NGOs, it does not provide the number of formal partnerships required by the rubric's quantitative thresholds.
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Safe & Smart Tech
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Flex Ltd. holds an ISO 27001:2013 certification for its global information security management program.
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The company conducts annual cybersecurity awareness training for its employees.
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Flex engages independent security firms for assessments and testing and performs periodic assessments of security processes and controls.
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Zero Waste & Sustainable Products
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No specific, company-wide quantitative data was provided in the articles to score any of the KPIs related to Zero Waste & Sustainable Products. Information regarding waste diversion, circular economy initiatives, and repair capabilities was specific to a single factory (Flex Sorocaba)
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or described the capabilities of an acquired company (FreeFlow)
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rather than Flex's current, company-wide performance metrics.