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CSER Sustainability Report (English) - high res-rev - Flextronics

CSER Sustainability Report (English) - high res-rev - Flextronics

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6<br />

3 About The <strong>Flextronics</strong> Pledge<br />

Of the many achievements that we are extremely proud of, The<br />

<strong>Flextronics</strong> Pledge ranks <strong>high</strong> on my list. The <strong>Flextronics</strong> Pledge<br />

is the heart and soul of our business sustainability which serves<br />

us in three ways:<br />

First, <strong>CSER</strong> helps us to secure and retain a moral license to<br />

operate. Communities around the world are willing to partner<br />

with <strong>Flextronics</strong> because The <strong>Flextronics</strong> Pledge ensu<strong>res</strong> that<br />

we conduct business ethically, treat our people <strong>res</strong>pectfully,<br />

protect the environment relentlessly and build up communities<br />

around us continuously.<br />

Secondly, The <strong>Flextronics</strong> Pledge aids us in building a<br />

positive working environment whe<strong>rev</strong>er we operate. This is<br />

especially important considering today’s changing workforce<br />

demographics. Competition for talent is intensifying globally.<br />

With a healthy community atmosphere, <strong>Flextronics</strong> draws and<br />

retains the best talent, which in turn improves our business<br />

sustainability.<br />

Thirdly, The <strong>Flextronics</strong> Pledge assists us in creating a powerful<br />

positive feedback chain which is instrumental for attracting and engaging new talent.<br />

Although we have yet to reach the stewardship stage, we have made significant headway in many<br />

areas. For example, we have invested US$9 million to enhance our employee facilities in Zhuhai,<br />

Guangdong Province. This investment brought remarkable returns, in terms of increased employee<br />

engagement rate and reduced attrition rate. As you will see from Alexandra Harney’s foreword, we<br />

are aware that demographics and aspirations have changed in China. We are proactively taking steps<br />

to <strong>res</strong>pond to these changes to remain as the employer, supplier and investment of choice in China.<br />

Over in Manaus, Brazil, our facility is rated as one of the top corporations to work for, with less than 0.1<br />

percent attrition rate annually.<br />

I am confident that we are on track to achieving The <strong>Flextronics</strong> Pledge roadmap targets, considering<br />

the steps that we have taken in the past years.<br />

Paul Humphries<br />

Executive Vice P<strong>res</strong>ident, Human Resources<br />

<strong>Flextronics</strong> <strong>CSER</strong> <strong>Report</strong> 2010 / 2011

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