Plexus Corp. Unveils Its 2024 Sustainability Progress Report
Today, Plexus Corp. (NASDAQ: PLXS), based in Neenah, Wisconsin, announced the release of its latest Sustainability Report for the fiscal year 2024. This comprehensive document outlines the company's dedication to integrating sustainability into its core operations and how this commitment fuels its mission to build a better world through innovative products.
Todd Kelsey, the President and Chief Executive Officer of Plexus, emphasized the importance of sustainability in the company's strategic vision. He remarked, "Sustainability is deeply integrated into everything we do, and innovating responsibly is fundamental to our ability to design, manufacture, and service some of the world’s most transformative products." The report is a testament to the collaborative efforts of team members, customers, and partners working together towards creating a sustainable future.
Key Highlights from the Sustainability Report
The fiscal 2024 Sustainability Report from Plexus showcases several key initiatives and results that underline the company’s commitment towards environmental stewardship and community involvement. Here are some notable achievements:
- Plexus successfully achieved a 6.4% reduction in absolute emissions across Scope 1 and 2 combined, compared to the previous year’s baseline.
- A notable global reduction of 13.7% in waste sent to landfills was achieved year-over-year.
- With a focus on community support, Plexus contributed over $1 million through the Plexus Community Foundation to various initiatives.
- Encouraging employee engagement, the company recorded over 20,000 paid volunteer hours in local communities, reflecting a 10.7% increase compared to last year.
- Furthermore, Plexus evaluated over 50% of its global supply chain expenditures based on sustainability criteria.
Comments from Corporate Leaders
Megan Schleicher, the Corporate Sustainability Officer and Assistant General Counsel at Plexus, expressed enthusiasm about the company's progress. She noted, "The advancements we made in fiscal 2024 underscore our commitment to do more for our customers, team members, and the world.” She believes that building a better world goes beyond just the products Plexus creates, highlighting the significant impact their sustainability efforts have had on the community.
Commitment to Responsible Business Practices
Plexus continues to innovate while embracing responsible business practices geared toward sustainability. The recent report underscores the company's long-term strategy of aligning its operational practices with environmentally friendly measures and engaging with stakeholders to foster a sustainable business ecosystem.
The initiatives and achievements outlined in the report not only highlight Plexus's dedication to corporate responsibility but also its proactive role in setting industry standards for sustainability and community engagement.
Contact Information
For inquiries regarding investor relations or media, please contact:
Shawn Harrison
+1.920.969.6325
shawn.harrison@plexus.com
Frequently Asked Questions
What is the focus of Plexus Corp.'s Sustainability Report?
The report emphasizes Plexus's commitment to sustainability and its integration into core business practices.
What significant achievements did Plexus accomplish in 2024?
Plexus achieved a 6.4% reduction in emissions and a 13.7% decrease in waste sent to landfills.
How does Plexus engage with its community?
Plexus actively participates in community engagement through volunteer hours and financial contributions via the Plexus Community Foundation.
Who is the current CEO of Plexus Corp.?
Todd Kelsey serves as the President and Chief Executive Officer of Plexus Corp.
What industry does Plexus Corp. serve?
Plexus serves industries with complex products and demanding regulatory environments, ranging from healthcare to defense.
