Public data, as of October 2026

Company profile

Flex Ltd.

FLEXflex.comLatest disclosure 2023

Flex Ltd. reported about 120 million tCO₂e for 2023, and 99% of it sits in Scope 3, in the value chain beyond the company's own operations.

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SBTi statusValidated Targets

Near-term status: Validated Targets. Net-zero status: no net-zero target on record.

Where insetting fits

Scope 3 is 99% of the footprint, the part of the value chain that supplier emissions reductions can reach.

Peer position

Scope 3 is 99% of the footprint, close to the peer median of 100%.

Voluntary retirements

Registry records show about 1,300 credits retired for this company.

Emissions

How the reported footprint breaks down by scope and year.

tCO₂e, GHG Protocol scopes
Source: published disclosure, FY2023

Peer benchmark

How Flex Ltd. compares with its industry peers on Scope 3.

Peers: companies in the SBTi industry "Technology Hardware and Equipment", by Scope 3 share of the latest reported footprint.

CompanyScope 3 share%

Flex Ltd.This company99%
Chicony Electronics Co., Ltd.95%

Company profile

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Related projects

None yet

Inset projects on Carbon3None yet

Reported emissions by year

Scope 1
Scope 2
Scope 3

FY2023

Scope 1, direct	83,630<1%
Scope 2, purchased energy	503,628<1%
Scope 3, value chain	115,278,10099%
Total	115,865,358

Years without a matched disclosure stay open until a published source is matched.

Source document: flex.com

Scope 3 by category, 2023

15 categories itemized

C1Purchased Goods and Services5.3 Mt5%
C2Capital Goods202 kt<1%
C3Fuel and Energy Related Activities237 kt<1%
C4Upstream Transportation and Distribution229 kt<1%
C5Waste Generated in Operations30 kt<1%
C6Business Travel11 kt<1%
C7Employee Commuting92 kt<1%
C8Upstream Leased Assets0 t0%
C9Downstream Transportation and Distribution12 kt<1%
C10Processing of Sold Products100 t<1%
C11Use of Sold ProductsLargest category109.1 Mt95%
C12End-of-Life Treatment of Sold Products17 kt<1%
C13Downstream Leased Assets0 t0%
C14Franchises0 t0%
C15Investments1 kt<1%

Climate targets

What the SBTi listing says about the company's targets.

Status as published by the SBTi

Primary SBTi record: Flex Ltd.

Near-term targetValidated Targets

Classification: 1.5°C
Target year: 2030

Net-zero targetNot listed

Net-zero year: Not listed

Carbon3 shows each record exactly as the SBTi publishes it, and does not assess, rate or endorse targets. A validated target says nothing about any market instrument.

Voluntary retirements

Voluntary credits retired for this company on public registries.

Registry records naming the company as beneficiary

ProjectRegistryRetired inCredits retired

HFC Reclamation (ACR774)American Carbon Registry20251,260

These are voluntary market retirements, which sit outside the value chain. Inset credits retired on Carbon3 would appear as their own rows, linked to the supplier project.about 1,300 credits in total

Hitachi Energy Ltd.

100%

ZTE Corporation99%

Ingram Micro Holding Corporation100%

Nokia Oyj100%

Delta Electronics, Inc.100%

Peer median: 100%Scope 3 boundaries differ between reports, so compare shares with care.

Scope 3 position

Near the peer median

The company's Scope 3 share is 99%, against a peer median of 100%.

Disclosure coverage

6 of 6 disclose

6 of 6 named peers report all three scopes, so their Scope 3 share can be compared.

Research summary

What the public record says about this company's decarbonization.

No report has been generated for this company yet

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Related projects

Decarbonization projects that name the company as a partner.

Emerging projects catalog, status as reported by each project

No projects linked to this company yet

Carbon3 has not yet found a public decarbonization project that names this company.

No inset projects are listed for this company yet.

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