Fabrinet Publishes Inaugural ESG Report
Fabrinet, a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, published its inaugural Environmental, Social, and Governance (ESG) report.
The report talks about Fabrinet's history of corporate responsibility and how it has helped its employees, their families, and the local community by acting in an ethical, environmentally responsible, and socially inclusive way.
Seamus Grady, Chief Executive Officer of Fabrinet, said:
“Fabrinet’s commitment to ESG responsibility and accountability is fundamental to how we create value for our customers, employees, and stockholders. We’re proud to share how we incorporate ESG policies and procedures into the way we operate and conduct business to closely align our interests with our stakeholders and the broader community.”
The report highlights Fabrinet’s ESG focus areas:
Community Engagement, including our long-standing support for causes such as the Maharaj Orphanage, Green Roof Project, Prostheses Foundation and community cultural events, while rising to meet emerging challenges in our communities brought on by Covid-19 and natural disasters through financial, in-kind, and volunteer contributions.
Employee Engagement that incorporates multiple channels for employee dialogue to build a differentiated team culture, where employees want to stay and develop their skills over the long term, and includes market competitive compensation and benefits within a framework that holistically addresses employees’ needs and creates bonds that foster productive working relationships.
Supply Chain standards that hold suppliers to the same ESG standards we hold for ourselves as a member of the Responsible Business Alliance, covering responsible sourcing, workers’ rights, environmental protection, and ethical conduct, among other areas.
International Certifications show customers that we follow the highest ESG standards by keeping strong management systems that are certified to international standards like ISO 9001 and ISO 13485 for quality, ISO 14001 for environmental management, ISO 45001 for occupational health and safety, and TLS-8001 for labour rights.
Environmental Conservation efforts to meet our annual and long-term environmental goals around energy, emissions, water, and waste. Sustainability is embedded into our culture, which we reinforce with training, workshops, competitions, and other events throughout the year.
Source: Fabrinet
Click here to access ESG Report from Fabrinet
