Engineering, supply chain, and manufacturing solutions provider Jabil Inc. announced it lowered enterprise-wide GHG emissions 46% compared to its fiscal year 2019 baseline through company-wide commitments to renewable energy use and energy-efficient solutions.
The company is set to exceed its 50% reduction target by 2030.
Jabil additionally expanded its Scope 3 indirect GHG emission inventory, gaining a more complete understanding of the company’s total carbon footprint.
Jabil reached 10% of applicable sites achieving 90% or more landfill diversion, putting the company halfway to its five-year goal. The company joined the Circular Electronics Partnership (CEP) to collaborate with other industry leaders working toward circularity and a more sustainable electronics future.
Details were released in its fiscal year 2024 Sustainability Progress Report, detailing the strides the company has made toward achieving its five-year sustainability goals.
“As we navigate an era defined by complex global challenges, I am proud to reflect on the bold action and meaningful collaborations that have reinforced Jabil’s commitment to ‘doing the right thing in the right way’ for our customers, employees, and the communities where we operate,” said CEO Mike Dastoor in a statement. “Jabil’s comprehensive sustainability strategy positions us to address these challenges head-on by establishing guiding principles that inform our decisions and drive us toward a sustainable future for generations to come.”
With new regulations like the European Union’s Corporate Sustainability Reporting Directive (CSRD) and state-level policies placing an even greater emphasis on environmental and social responsibility, Jabil remains committed to aligning with global regulatory standards and supporting its customers through strategies and solutions that bolster its own sustainability targets.
Across the board, Jabil has made headway on the data-driven sustainability goals established in 2021. The company’s annual sustainability report includes updates aligned to the Global Reporting Initiative (GRI), Sustainable Accounting Standards Board (SASB), and Task Force on Climate-Related Financial Disclosures (TCFD).