In 2023, Flex conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 186,155a | 167,318a | 162,725a | |
Total Waste Recovered | 124,503a | 118,597a | 111,878a | |
Total Hazardous Waste Generated | 8,188a | 6,470a | 6,433a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Flex generated a total of 186,155metric tonnes of waste.a
Of this amount, 66.88% of Flex's total waste generated was recovered through methods such as recycling, reuse, or composting, while 33.12% was disposed of through landfilling, incineration, or combustion.a
In 2023, Flex reported a total waste generation of 186,155 metric tonnes, of which 66.88% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Flex is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2019, Flex's total waste generation increased by 42.9%, including a 11.26%increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.a
Over the same period, Flex's waste recovery rate declined by 15.24%, with a further 5.64% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, Flex is generating more waste while simultaneously backsliding on recovery efforts, both in the short and long term. This dual negative trend raises concerns about the company’s waste management priorities and its alignment with sustainability goals.
In 2023, Flex generated a total of 186,155 metric tonnes of waste.a
Of this amount, 4.4% of Flex's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.95.6% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2019, Flex's total waste generation increased by 42.9%, including a 11.26% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.a
Over the same period, the share of hazardous waste decreased by 1.75%, yet rose by 13.75% in 2023, potentially signaling operational variability, temporary setbacks, or less effective hazardous waste mitigation in the short term.a
Overall, Flex's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.a