Flex Named to TIME's World's Best Companies List for Second Consecutive Year
Rhea-AI Summary
Flex (NASDAQ: FLEX) has been named to TIME's 2024 World's Best Companies list for the second consecutive year. This recognition is based on a comprehensive analysis of top-performing global companies, evaluating three primary dimensions: Employee Satisfaction, Revenue Growth, and Sustainability Transparency.
The ranking, presented by TIME and Statista, involved surveys conducted in over 50 countries with data from approximately 170,000 participants. Companies had to generate a revenue of at least $100 million in the last fiscal year and show positive growth from 2021 to 2023. Sustainability was evaluated based on ESG data and targeted research.
Flex CEO Revathi Advaithi expressed honor at the recognition, attributing it to the company's commitment to creating a safe, inclusive work environment, embracing sustainable manufacturing practices, and delivering long-term stakeholder value.
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"We are honored to join this year's list of TIME's World's Best Companies," said Revathi Advaithi, Chief Executive Officer of Flex. "This recognition is a direct reflection of our commitment to creating a safe, inclusive and respectful work environment, embracing sustainable manufacturing practices, and delivering long-term value for our stakeholders."
The ranking is presented by TIME and Statista, a leading international provider of market and consumer data and rankings. Companies on the list were evaluated based on three primary dimensions: Employee Satisfaction, Revenue Growth and Sustainability Transparency.
- Employee satisfaction: The surveys were conducted in over 50 countries with data collected from approximately 170,000 participants. The evaluation of employers encompassed image, atmosphere, working conditions, salary, and equality by verified employees as well as direct and indirect recommendations.
- Revenue growth: Companies had to meet certain criteria to be considered, including generating a revenue of at least US
$100 million - Sustainability transparency: Evaluated based on ESG data among standardized KPIs from Statista's ESG Database and targeted data research.
For the full list of TIME's World's Best Companies of 2024, visit https://time.com/collection/worlds-best-companies-2024/.
About Flex
Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.
Contacts
Investors & Analysts
David A. Rubin
Vice President, Investor Relations
(408) 577-4632
David.Rubin@flex.com
Media & Press
Jessica Anderson
Director, Corporate Integrated Marketing and Communications
(408) 577-4789
Jessica.Anderson@flex.com
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SOURCE Flex
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